Blume Global announced its alliance with Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization.
Bringing an end to unprecedented congestion in the global supply chain requires meaningful collaboration, and this alliance will allow both TCS and Blume Global to disseminate innovative supply chain technology solutions including orchestration, transportation management and supply chain visibility to the North American, European and Asian markets. Blume Global’s suite of digital solutions available to TCS include:
– Blume Finance: Enables transparency and granular visibility for freight audit and pay with a smart contract repository, rating management and validation, machine learning-driven invoicing, cost accrual auditing and blockchain-enabled payment and settlement.
– Control Tower: Correlates data from multiple systems to identify exceptions, prioritize exceptions based on business impact and recommend options to resolve exceptions.
– Blume Logistics: Creates a robust network for logistics tendering, tracking, event capture, POD verification and settlement initiation uniting carriers—from ocean to rail to long haul—with first- and last-mile drayage for real-time event and cost tracking.
– Asset Optimization: Enables motor carriers, ocean carriers and IMCs to determine the best moves to optimize the availability of supply, while reducing fees and empty miles.
TCS will help its customers in the hi-tech, transportation, logistics and industrial manufacturing markets leverage Blume Global solutions to drive digital transformation. In turn, Blume Global will promote TCS’ IT and business services and solutions to its customer base.
“We are excited to partner with TCS to tap into their wide breadth of knowledge of the industry,” said Pervinder Johar, CEO of Blume Global. “The last two years have brought the issues in our global supply chain to the surface, highlighting the pressing need for efficiency, and this partnership is part of solution by equipping providers with the proper tools needed to improve their operations.”
As worldwide leaders in the IT space, TCS is dedicated to helping its customers achieve their business objectives leveraging strategic partnerships, like that with Blume Global, and will now have access to Blume’s network of logistics providers and extensive data curated over the last 27 years.
“TCS and Blume Global share a passion for driving change and innovation through the power of technology. With our deep domain knowledge, technology expertise and Blume Global’s digital solutions, we will help customers achieve superior business outcomes and drive transformation and growth,” said Arun Prabhakar, VP & Global Head, HiTech & Professional Services Business Unit at TCS.