TechM BPS Solutions Menu Card - 01...1.12 Supply Chain Management (SCM) We provide managed services...

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Retails & Consumer Goods TechM BPS Solutions Menu Card

Transcript of TechM BPS Solutions Menu Card - 01...1.12 Supply Chain Management (SCM) We provide managed services...

Page 1: TechM BPS Solutions Menu Card - 01...1.12 Supply Chain Management (SCM) We provide managed services across different stages in the Supply Chain like – Planning, Manufacturing, Logistics

Retails & Consumer GoodsTechM BPS Solutions Menu Card

Page 2: TechM BPS Solutions Menu Card - 01...1.12 Supply Chain Management (SCM) We provide managed services across different stages in the Supply Chain like – Planning, Manufacturing, Logistics

A Menu Card?

Tech Mahindra Business Process Services works with a global, diverse group of clients in the Retail & E-com-merce industry and enables them successfully meet the numerous challenges faced in terms of growing customer expectations and changing industry landscape.

We have engaged in multi-year partnerships with some of the biggest and niche client base across all the geogra-phies and helped them deliver industry best customer support along-with CX transformation powered by digital transformation levers like automation, analytics, AI/ML, cloud, social media & mobility. This menu card provides a glimpse of our capabilities and how we are currently deliv-ering value to our customers.

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FAQs

Why did we create the Menu-Card?

The Menu Card was created with the objective of listing all Industry Solutions under one roof

The Solutions in the Menu-card are worded from a business challenge stand-point to help relate quickly to industry problems

What Solutions are in the Menu Card?

The Menu-Card contains our Retail Managed Services solution areas with its multiple sub-topics

Why were these Solutions Selected?

The listed selections reflect current trends and challenges faced by the Retail and Consumer Goods industry

These solutions have been validated by multiple customers and also by leading industry analysts

What are the Various Solution details available in this Menu-Card?

Each solution is tagged to one of the three high level organizational objectives = Run Better (R), Change Faster (C) or grow Greater (G)

Most Solutions have a reference-able customer listed under the ‘where-executed’ column

What if I want more Information?

Detailed presentations are available for each solutions. We look forward to setting up a meeting with you to discuss further

For more information – please write to [email protected]

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Professional Services

Customer service solutions, which manage the end-to-end customer journeys across various platforms.

# Solution Description R C G Where Executed

1.1 Omni-Channel Customer Service

Integration of diverse engagement channels to enable customer connect seamlessly on ‘channel of choice’ and provide retailers with a unified 360° view of the customer

All Retail engagements that include leading e-commerce & supermarket chains across Americas, Europe & Asia

1.2 Seasonality Management Model

Manage 400% + staffing flex with less than 7% impact on key performance metrics

All Retail engagements that include leading e-commerce & supermarket chains across Americas, Europe & Asia

1.3 Service DeskManagement

Full suite of ITSM solutions to meet the communication needs of a diverse customer base across multiple channels

U.S. big box retailer & among global top 10 in terms of revenues

1.4 Master Data Management

Processes, governance structures, systems and content in place to ensure consistent and accurate source data for transaction processes

Among the largest health foods & drinks companies globally

1.5 Loyalty Management Managing customer relationships, loyalty campaigns & business intelligence

Leading retailers & marketplaces across the globe; Top sports brand

1.6 Returns Management Management of product return, replacement or exchange

Leading retailers & marketplaces across the globe; Top sports brand

1.7 Seller Support Services

End-to-end seller service helping them to improve their revenue & E-Commerce platform experience Emerging Capability

1.8 Payment Processing Optimizing the transaction experience for customers & sellers by effectively managing the payments landscape Emerging Capability

1.9 Fraud & Risk Management

Effective and robust management of fraud & risk for a safe customer experience on the E-Commerce platforms Emerging Capability

1.10 Product Information Management

Complete suite for product experience management that sources raw data from multiple platforms, transforms & contextualizes the data and distributes across channels

Among the largest health foods & drinks companies globally

1.11 Finance & Accounting

Management of critical business processes like order to cash (O2C), record to report (R2R) with best in class resources & operations model together with tactical automation deployments

3 of the biggest global consumer food & drinks companies

1.12 Supply Chain Management

Management of the flow of goods & services, of raw material, of work-in-process inventory, and of finished goods

Leader in Energy & Utilities sector with ranking in the top 10 Fortune 500 cos

1.13 Work at Home Solution

Enable a fully functional Work at Home services through a set of capabilities

During COVID 19, successful deployment across almost all our Retail engagements

1.14 Robotic Process Automation

Identification of non – value adding steps in business processes & elimination of manual intervention through Bot assisted automation; application across multiple business functions

Leading retailers & marketplaces across Americas Europe & Asia

1.15 Digital Platforms for Operations

Comprise of customized solutions for client operations like Vibes, Aura, DeskWatch etc. used across chat channel, quality management, productivity management

Leading retailers & marketplaces across Americas Europe & Asia

1.16 Chat-Bot ML/NLP based platform embedded in client website & mobile App to engage with the customers & provide real time resolution of issues

Leading eye glass retailer in United States

1.17 Self-serve SolutionsComplete portfolio of tools & features to empower the customers and enable cost optimization through elimination of volumes & improvement in NPS/CSAT

Leading global players in other industry verticals

1.18 Reporting & Analytics

SMART MIS – in house industry best solution for generating reports & rich dashboards; Analytics suite for tracking critical operational metrics & predictive resolution of key operations attributes like NPS & product concessions

Among the oldest & diversified retailer in Americas; Top big box retailer in U.S.

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1.1 Omni-Channel Customer Service

We have a proven expertise in providing outstanding omni-channel customer service. Tools like Socio, chat-bot, VIVR, Intelligent IVR etc. are some of the successfully deployed tools at our major customer service centers.

Service Overview:

Chatbots | Visual IVR | Intelligent IVR | Social Media Management (SOCIO) | Digital CX

Expected Benefits:

• Great Customer Experience & Loyalty

• Increase in Customer Base and Business

• Increased Revenue

• Better Employee Satisfaction & Retention

• Competitive Advantage in the Market

Great Customer Experience across all Channels

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1.2 Seasonality Management Model

TechM is successfully able to manage peak volume levels (as high as 300%) on multiple channels through agile recruitment, workforce management and effective business operations.

Service Overview:

Forecasting & Planning | Scheduling | Incident Mgmt. | Real Time Mgmt. | MIS & Analytics

Expected Benefits:

• <7% handle time impact due to influx of new hire

• <5% customer satisfaction impact in peak compared to off peak scores

• 80+% service levels met with volume fluctuation of 115%+

Peak Volume Management using Flexible Staffing

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1.3 Service Desk Management

TechM provides ITIL compliant solutions with fully developed engagement maturity model – Global Desk, Digital Desk & Next Gen Service Desk.

Service Overview:

Service Desk | Service Mgmt. | Monitoring | Identity Mgmt. | Dispatch Support | Digital service

Expected Benefits:

• End to end ownership & SPOC for end users

• Optimization of critical metrics like FCR, ASA, Call Abandons etc.

• Industry best performance for customer metrics like CSAT/ NPS

• Streamlined operations along-with reduction in service cycle time

• Detailed trend analysis on incidents during QA audits

Multi-Channel Digital Service Experience

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1.4 Master Data Management

Processes, governance structures, systems and content in place to ensure consistent and accurate source data for transaction processes (such as the management of customer master data, vendor master data, materials, products, services, employees and benefits, etc.).

Service Overview:

MDM Platform | Managed Services

Expected Benefits:

• Clean master data helps in creating reliable actionable insights as all reports and analytics is based on enterprise master data accuracy• It helps in increase in revenue, margin and reduction in cost of doing business

Ensuring Consistent & Accurate Product Data

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1.5 Loyalty Management

Customer Loyalty is among the most critical functions for any retailer but is often the most ineffectively managed. Our complete suite of services enables 360° program mgmt. capability.

Service Overview:

Customer Relationship | Loyalty Campaigns | Business Intelligence

Expected Benefits:

• Increase in revenues through better targeting of customers

• +30% Cost savings due to automation of routine admin activities

• 20 – 30 Pts increase in NPS / CSAT scores

• >50% Reduction in TAT for program launch & insights generation

Effective & Impactful Loyalty Programs

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1.6 Returns Management

Returns management solution suite enhances CX throughout the returns journey right from order placement to refund credit or item replacement

Service Overview:

Policy Management | Customer Engagement | Logistics| Post – Returns

Expected Benefits:

• 25% – 30% reduction in costs due to higher efficiency

• 20 Pts increase in NPS/CSAT levels due to smooth experience

• Increased revenue realization due to faster recirculation of items

Hassle Free Product Returns & Replace

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1.7 Seller Support Services

Our suite of services enhance Seller visibility on social media through listing and domain hosting while providing seller support & IT infrastructure.

Service Overview:

Seller Queries | Payment Queries | Fraud & Abuse Cases

Expected Benefits:

• Smooth & efficient Seller on-boarding on the partner E-Commerce platform

• 24/7 Seller support through Voice, Email & Chat

• Extensive verification process ensures minimal cases of Seller frauds

• Robust Payment Gateway & IT infra reduces payment dispute cases

Friendly & Robust Seller Experience

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1.8 Payment Processing

Our services address the complete payments landscape for a retailer / e-commerce player with the goal of optimizing the transaction experience of the customer and prevent any frauds.

Service Overview:

Cards Services | Payment Related| Chargebacks & Disputes

Expected Benefits:

• 20 – 30% cost savings due to FTE optimization

• >50% reduction in fraud instances & proportionate savings

• Increased membership of retailer credit/debit cards

Effective Mgmt. of Queries & Disputes

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1.9 Fraud & Risk Management

We map our services to the business operations to minimize fraud incidents through Leadership Accountability & Structure, Education & Training, Auditing & Reporting, Response & Prevention etc.

Service Overview:

Abuse Risk Investigations| Buyer Risk Investigations | Merchant Risk Investigations | Claims & Disputes | Product Quality | Chargebacks

Expected Benefits:

• Safe & efficient customer experience on any E-Commerce platform• 24/7 Fraud Helpline through Voice, Email & Chat• Extensive investigation process ensures frauds of similar nature are detected & prevented in a timely manner• Robust IT infra reduces any issues of system frauds

Safe & Seamless E-Commerce Experience

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1.10 Product Information Mgmt. (PIM)

TechM PIM services take care of the complete product management lifecycle to streamline the sourcing of data from multiple systems / applications and distribute enriched content to different channel types

Service Overview:

Data Collection| Standardization | Enrichment | Contextualize | Distribute

Expected Benefits:

• Increased conversion rate due to reliable & gripping content

• > 30% reduction in TAT for content go –live on different channels

• >50% reduction in error rate due to manual inaccuracies

Rich, Accurate & Personalized Product Data

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1.11 Finance & Accounting (F&A)

Standardized processes being managed by industry best professionals using digital transformation levers like RPA, OCR enabled automation, Analytics and AI/ML.

Service Overview:

Procure to Pay (P2P) | Order to Cash (O2C) | Record to Report (R2R)

Expected Benefits:

• Reduction in daily sales outstanding (DSO)

• Optimization of cost and invoice volumes being handled

• Elimination of open items for reconciliation

Process Transformation across P2P, O2C & R2R

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1.12 Supply Chain Management (SCM)

We provide managed services across different stages in the Supply Chain like – Planning, Manufacturing, Logistics & Service Management. Also provide value add solutions like Analytics.

Service Overview:

Planning | Manufacturing | Logistics | Service Management

Expected Benefits:

• Improvement in Due Date Performance by 30 – 40%

• Optimization of inventory levels and increased availability

Planning & Support Services across Value Chain

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1.13 Work at Home Solution (WAH)

TechM can enable fully functional work at home contact center services through 3 distinct set of capabilities – Distributed recruitment, 100% Remote operations and Security & compliance.

Service Overview:

Virtual Talent Acquisition | Remote Training | Work Force Management | Technology Focus | Dynamic Communication | Security & Compliance

Expected Benefits:

• Cost savings due to almost no infrastructure requirements• Flexible & agile due to quick ramp up & down in line with volumes• Local talent availability results in higher levels of customer experience & effective operations• Business Continuity is higher due to distribution of operations thus minimizing

Lean & Cost Efficient Contact Center Services

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1.14 Robotic Process Automation (RPA)

Ensuring business process excellence through elimination of routine & repeatable manual steps using automation Bots that are industry agnostic and follow light deployment model

Service Overview:

Unified Desktop |Single Sign On | Non – Value Adds in Business Process

Products: UNO | UIPath | Blueprism | Automation Anywhere

Expected Benefits:

• Increase in agent productivity by 30%• Cost optimization by 20 % – 30 % due to reduction of FTE headcount• Reduction in manual inaccuracies leading to more reliable process output• 10 – 15 Pts Enhancement in CSAT/ NPS scores leading to lower attrition rate

Increased Efficiency & Maximization of Productivity

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1.15 Digital Platforms for Operations

Customized digital tools & platforms to streamline workflows and resolve challenges across Quality Management, Customer Satisfaction, Employee Productivity etc.

Service Overview:

AURA | VIBES | DeskWatch | Escalaide

Expected Benefits:

• Overachievement of defined SLAs for critical performance metrics• Real time management of customer experience through VIBES – chat analytics platform• More effective customer insights through improved Quality audits process

Maximizing Productivity & Efficiency in Operations

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1.16 Virtual Assistants (Chatbots)

Chatbots can be embedded within both websites & mobile App and respond to multiple customer query types. Trained in NLP, BOTs can interpret complexities in conversation & provide appropriate response

Service Overview:

Customer Service | Technical Support | HR Helpdesk | IT Helpdesk | Sales Support

Products: Entellio | Avaamo | Bold 360

Expected Benefits:

• Cost reduction due to almost 30% deflection of contacts from non -chat channels to chat• Enhanced CSAT/ NPS levels as customer’s waiting time to get response is reduced• Higher revenues due to increased cross – sell and up-sell as the agents can focus on only the sales

Higher Customer Engagement & Increased Sales Realization

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1.17 Self – Serve

Complete portfolio of tools & features deployed across multiple customer engagement channels to enable self service and issue resolution

Service Overview:

Visual IVR | Voice BOTs | Web Forms | Structured IVR | Email Forms

Expected Benefits:

• Increase in customer engagement, satisfaction & retention through more control to customers• Significant reduction in operational cost due to elimination of volumes across all the 3 channels – voice, email & chat• Optimization of key operational KPIs like AHT, FCR, Call Abandons etc. due to lower levels of inbound volumes• Higher revenues due to increased agent focus on cross – sell and up - sell

Empower Customers to Self Serve Thus Reducing TAT for Resolution

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1.18 Reporting & Analytics

A well developed platform with complete ETL (Extract, Transform & Load) capabilities that can generate customized reports & rich dashboards

Service Overview:

SMART MIS | Operations Analytics | Customer Analytics | Market Analytics | Predictive Analytics

Expected Benefits:

• 90% + compliance with Operational SLAs• 15% - 20% reduction in issue resolution time• > 50% decline in cost leakages due to gaps in product concessions process• Increase in NPS scores due to accurate prediction through detailed analysis of relevant customer metrics• Higher revenues due to increased agent focus on cross – sell and up - sell

Increased Operational Effectiveness due to Improved Decision Making