Ability to forecast demand and optimize inventory is key competitive advantage, says Singh
Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY) is to help revamp multi-echelon supply chain of German mobility specialist ZF with SAP Integrated Business Planning® (SAP IBP) and Infosys Cobalt.
Through this engagement with the aftermarket division of ZF, Infosys has implemented SAP IBP for demand planning and inventory optimization.
Infosys was chosen to assist ZF on this transformation journey for its proven expertise in SAP IBP implementation and a plethora of in-house tools and accelerators, backed by efficient teams.
As a part this initiative, Infosys leveraged its hybrid agile implementation methodology to replace multiple legacy demand planning tools at ZF Aftermarket, with a unified, global SAP platform.
Further, by facilitating two-way flow of business-critical data between the new platform and external systems, Infosys has helped facilitate complex operations planning with complete automation of safety stock.
The implementation has helped bring about advanced demand forecasting, collaborative planning, improved responsiveness and efficiency, transparency and interactive user experience across ZF Aftermarket’s supply chain.
Rainer Scheuring, Vice President IT AC Market and Materials Management, ZF Friedrichshafen AG, said, “Based on the holistic IBP planning approach and the guidance of our implementation partner Infosys, we built the foundation for improved availabilities and reduced inventories within our multi-echelon supply chain.”
“The ability to forecast demand and optimize inventory is a key competitive advantage, in today’s era of increased macroeconomic and geopolitical complexities,” said Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys.
“We are delighted to have collaborated with ZF and helped make their supply chain more resilient and intelligent by leveraging Infosys Cobalt,” he said on 9 Mar 2023.
“Our extended collaboration will continue to accelerate this leading automotive supplier’s ambitious digital transformation strategies and equip them with the agility and flexibility they need to deliver world-class products to their clients.”
ZF is a global technology company supplying systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility.
ZF operates 188 production locations in 31 countries and has some 157,500 employees worldwide. fiinews.com
