TCS Bags Multi-year Deal From Retail Giant Asda By CIOTechOutlook Team

TCS Bags Multi-year Deal From Retail Giant Asda

CIOTechOutlook Team | Thursday, 05 October 2023, 02:33 IST

Following its separation from Walmart, Tata Consultancy Services announced a multi-year deal with British retail giant Asda to help its digital transformation and adopt a new organization-wide IT operating model. The financials of the transaction were not revealed. TCS has also been a long-time seller to Walmart. According to a release, the strategic alliance will utilize TCS' cloud, AI, and security technologies to assist Asda complete the divestment efficiently, on schedule, and safely. TCS will also assist Asda improve its customer experience and innovation skills in order to expand market share and maintain pricing leadership.

TCS will implement multiple cloud-based ERP platforms to streamline Asda’s supply chain forecasting, buying and merchandising processes, HR processes, warehouse management, and ecommerce processes, as per economic times.

“We have partnered with TCS because they bring experience in retail technology transformation and innovation. We look forward to working with them to accelerate our digital transformation journey and to unlock the potential of our business,” said Mohsin Issa, chief executive officer, Asda.

“We are proud to extend our partnership with Asda and look forward to working closely with them to drive this massive enterprise reinvention,” said Abhijit Niyogi, business head, retail – UK and Europe, TCS.

Asda Stores Limited, doing business as Asda and also known as ASDA, is a British supermarket company. The company's headquarters are in Leeds, England. When the Asquith family united their retail business with the Associated Dairies firm of Yorkshire in 1949, the company was born. During the 1970s and 1980s, it expanded into Southern England, acquiring Allied Carpets, 61 major Gateway Supermarkets, and other businesses such as MFI Group.