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TVS Supply Chain Management Boosts Growth with AI Integration


Supply Chain Management

TVS Supply Chain Management Boosts Growth with AI Integration

TVS Supply Chain Solutions uses AI as the tool to promote its growth, improve efficiency, and strengthen its global supply chain management capacity.

Executive Chairman R. Dinesh announced in the 21st Annual General Meeting that TVS Supply Chain Solutions is utilizing Artificial Intelligence (AI) and Machine Learning (ML) to optimize productivity and develop a long-term, scalable, tech-driven platform capable of extensive growth.

The new India-UK Free Trade Pact positions the company to enhance cross-border business expansions, benefiting both Indian and UK businesses. Dinesh focused on operational excellence as one of the primary factors that will ensure sustainable success in managing supply chains, explaining that the strategic initiatives by the firm are aimed at developing a more responsive and customer-centric organization.

TVS is also expediting the implementation of AI through a partnership with the Manchester Metropolitan University to provide revolutionary services in its chain management services. This is to enhance decision-making, streamline operations and improve service delivery where the enterprise-grade AI platform is being deployed.

TVS Supply Chain solutions recorded a 9 percent growth in revenue in FY 2024 with the total income of 8.4 percent to RRP 10,029 crore in comparison to RRP 9,248 crore in the previous year. This was in part due to improving relationships with their already known clients as well as the acquisition of new clients.

The company's current endeavor to integrate operations across the country and verticals under its TVS One SCS framework intends to establish new best practices in terms of supply chain management effectiveness and innovation.

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