Leverages Infosys Cobalt to implement a
unified ERP platform and enable data-driven demand planning and
agile inventory management
FRANKFURT, Germany,
March 9, 2023 /PRNewswire/
-- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global
leader in next-generation digital services and consulting, today
announced that it has collaborated with mobility specialist ZF to
revamp its multi-echelon supply chain 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."
Jasmeet Singh, Executive Vice President and Global Head of
Manufacturing, Infosys said, "The ability to
forecast demand and optimize inventory is a key competitive
advantage, in today's era of increased macroeconomic and
geopolitical complexities. We are delighted to have collaborated
with ZF and helped make their supply chain more resilient and
intelligent by leveraging Infosys Cobalt. 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."
About ZF
ZF is a global technology company supplying systems for
passenger cars, commercial vehicles and industrial technology,
enabling the next generation of mobility.
ZF allows vehicles to see, think and act. In the four technology
domains of Vehicle Motion Control, Integrated Safety, Automated
Driving, and Electric Mobility, ZF offers comprehensive product and
software solutions for established vehicle manufacturers and newly
emerging transport and mobility service providers. ZF electrifies a
wide range of vehicle types. With its products, the company
contributes to reducing emissions, protecting the climate, and
enhancing safe mobility.
With some 157,500 employees worldwide, ZF reported sales of
€38.3 billion in fiscal 2021. The company operates 188 production
locations in 31 countries. Read more:
https://www.zf.com/mobile/en/homepage/homepage.html
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses
and communities. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered core, empower the business with agile digital at scale
and drive continuous improvement with always-on learning through
the transfer of digital skills, expertise, and ideas from our
innovation ecosystem. We are deeply committed to being a
well-governed, environmentally sustainable organization where
diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
"Certain statements in this release concerning our future growth
prospects, financial expectations and plans for navigating the
COVID-19 impact on our employees, clients and stakeholders are
forward-looking statements intended to qualify for the 'safe
harbor' under the Private Securities Litigation Reform Act of 1995,
which involve a number of risks and uncertainties that could cause
actual results to differ materially from those in such
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these statements include, but are not limited to, risks and
uncertainties regarding COVID-19 and the effects of government and
other measures seeking to contain its spread, risks related to an
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manage growth, intense competition in IT services including those
factors which may affect our cost advantage, wage increases in
India and the US, our ability to
attract and retain highly skilled professionals, time and cost
overruns on fixed-price, fixed-time frame contracts, client
concentration, restrictions on immigration, industry segment
concentration, our ability to manage our international operations,
reduced demand for technology in our key focus areas, disruptions
in telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which Infosys has made strategic investments,
withdrawal or expiration of governmental fiscal incentives,
political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, unauthorized use of our intellectual
property and general economic conditions affecting our industry and
the outcome of pending litigation and government investigation.
Additional risks that could affect our future operating results are
more fully described in our United States Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the
fiscal year ended March 31, 2022.
These filings are available at www.sec.gov. Infosys may, from
time to time, make additional written and oral forward-looking
statements, including statements contained in the Company's filings
with the Securities and Exchange Commission and our reports to
shareholders. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
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