Cognizant said that it has entered into a partnership with Future Group, an Indian multi-brand retailer, to transform its consumer goods business, Future Consumer Limited (FCL), into a connected enterprise.
“In an era where data, insights and supply chain intelligence are crucial ingredients for turning success into market leadership, Cognizant’s technology, business process, platform and digital capabilities will help us lay the foundation for more productive business interactions and smarter innovations,” said Saurabh Lal, CEO, Manufacturing and Supply Chain at FCL.
As part of the partnership, Cognizant will build a platform for FCL to simplify, automate and secure business processes, speed up collaboration, and maximize synergies across all lines of business and corporate functions.
“To be built using SAP’s S/4HANA business suite, the platform will enable FCL to optimize the supply chain and improve business throughput. Cognizant will also help FCL harness digital technologies, including mobile and data analytics, for real-time performance and operational insights to accelerate decision-making, innovation and time-to- market,” cognizant said.
“With the business processes and aligned value chain underpinned by real-time data, FCL will be able to turn agility into competitive advantage and realize the full potential of enterprise resources,” said Rajesh Balaji Ramachandran, Senior Vice President and Global Leader of Enterprise Application Services at Cognizant.
This engagement expands Cognizant’s relationship with Future Group, which began in 2012 to provide end-to- end IT infrastructure services for all Future Group companies.
Future Consumer Limited is a part of the Future Group and operates in the Food and FMCG sector through a chain of retail formats and private brands.
FCL has set up India Food Park at Tumkur, Karnataka in partnership with the Ministry of Food Processing Industries, Government of India. This food park facilitates end-to- end food processing along the value chain from the farm to the market.
Cognizant is a US-based company which provides information technology, consulting, and business process services.
It has 100 development and delivery centres worldwide and 244,300 employees.