Bangalore, India - July 1, 2010:
Wipro Technologies, the global IT services business of Wipro Limited(NYSE:WIT), today announced that two of its solutions, Sub-Daily Planning and Scheduling (iSDPS) and Third Party Ordering (iTPO), are now SAP-endorsed business solutions.
Solutions endorsed by SAP AG are complementary to SAP® software offerings, are developed in accordance with the SAP development guidelines providing additional choices and flexibility for businesses running SAP applications. To become SAP-endorsed business solutions, Wipro’s iSDPS and iTPO successfully passed a testing process conducted by SAP. As part of the agreement between Wipro and SAP, both companies will share technology and product roadmaps.
Due to the perishable nature of fresh food products, consumer products companies are faced with the issue of short-lead times that require daily responses to adjust to fluctuating customer demand. The iSDPS solution helps in sub-daily production scheduling, allowing consumer products companies to effectively process last-minute customer orders, prioritize orders, manage raw materials and enhance operating efficiency. The solution facilitates reduction in inventory of raw materials by 10 to 15 percent. The solution also helps reduce production planning cycle times by more than 60 percent, optimizing production resources and labor utilization.
“We believe SAP’s endorsement of our iSPDS and iTPO solutions highlights our commitment to driving business value for our customers in the consumer goods industry,” said Bhanu Murthy B M, senior vice president, Retail, CPG, Transportation, & Government, Wipro Technologies. “Wipro has been at the forefront of innovation and has made significant investments in non-linear initiatives, contributing eight percent to our revenues, which includes development of domain-rich solutions as part of a Strategic Horizons program. We believe that the ability of these solutions to leverage the business potential of assets provided by solutions from SAP will prove highly beneficial to current and future customer engagements.”
The iTPO solution brings responsiveness and flexibility to the supply chain by allowing soft goods companies to make changes on purchase orders placed with their vendors. This solution allows these companies to better handle customer cancellations, avoiding inventory pile up, lost sales and additional transportation costs.
“By endorsing solutions such as iSDPS and iTPO, SAP continues to build its ecosystem, support our customers’ businesses, drive new levels of collaboration, and provide additional solution options and flexibility to our customers,” said Emiel van Schaik, senior vice president, Manufacturing & Consumer Industries sector, SAP AG. “The use of iSDPS and iTPO with SAP solutions will enable our customers to improve efficiencies and employee productivity, thus accelerating delivery of innovative products to market while lowering total cost of ownership.”
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro's ADS' are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
For more information, please visit our website at www.wipro.com
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Mangala Koti Singhal
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