In a bid to digitally transform its supply chain, Hero Motocorp has partnered with Accenture. The duo will be working together to create a supply chain of the future for the two-wheeler maker.
On agenda is supply chain strategy, planning optimisation, logistics cost optimisation, and development of an end-to-end digital supply chain suite, noted Ram Kuppuswamy, Chief Procurement & Supply Chain Officer, Hero MotoCorp. He said, “As we expand our global footprint and foray into electric vehicles, navigating the complex global supply chain network will be crucial in driving our future growth. Simplifying our operations and improving profitability will be key to creating the capacity we need to expand our products portfolio and enter new markets.”
The step has been taken to enable Hero MotoCorp to manage the increasing complexity in products, markets, and supply chain networks while driving cost reduction in an inflationary environment. A supply chain control tower, powered by data and analytics, will be deployed to enable better supply chain and logistics planning. AI and ML will be used to help decision-makers in driving deeper visibility across the company’s operations.
Manish Chandra, Supply Chain & Operations Lead in India, Accenture, said, “The need for resilient supply chains has never been more important. Our programme will provide Hero MotoCorp with improved visibility across its supply chain, enabling the company to better meet its customer requirements and quickly respond to ongoing disruption while significantly optimising supply chain costs.'