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India, March 11, 2021: Since 2015, Thoucentric, the niche management consultancy, has been leading companies in solving complex problems in various industries and functions. Thoucentric prides itself on applying its in-depth, domain-based functional knowledge of supply chain, finance, sales and distribution, and ensuring problem solving of complex business problems through necessary process and technology interventions. Their hands-on, unique approach to leveraging their understanding of the legacy and current technology solutions available in the market has already helped them gain the trust of their customers.

In less than five years since its inception, Thoucentric has a strong clientele with companies like Unilever, P&G, Mondelez, Nivea, Mahindra, JK Paper, Loreal, PMI and many others covering various industries including CPG, Automotive, Paper, Tobacco, Paints, and Food and Beverage.

To expand the arsenal of tools and processes that make businesses successful, Thoucentric added analytics and new technology to build solutions from scratch and accelerate the solution process. Over time, Thoucentric realized the value of the assets they were building and decided to continue offering them as platforms. This has helped pave the way for the birth of Thoucentric Labs – the subsidiary of Thoucentric. The platforms introduced by the consulting company offer solutions for the needs of demand and supply planners, production managers as well as raw material traders and procurement teams in all industries.

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Neelakshi Kotnis, founder and director of Thoucentric (Ducentric)

Neelakshi Kotnis, Founder and Director, says, “Thoucentric is a feature of our great people and valued customers who trusted us from day one. We humbly thank them and look forward to their continued support and encouragement. Our positioning was problem solving with the focus on on-site execution and not on pure advice. This launch of our platform company is a great confirmation that we know exactly how to do it. We now offer digitally developed solutions through Thoucentric Labs. Cheers to the Thoucentric Labs team and all the best! “

Archi Bagchi, Founder and Director, says, “Considerable effort has gone into developing our platform solutions. You have reached a stage where dedicated focus will be required to get you top of the class and to market. This will also relieve a certain margin pressure on our service business, which requires reinvestment of profits in our own initiatives. The separation will help us tactically differentiate our approaches to building the various organizations as we continue to innovate to help our clients with their initiatives and priorities. A lot of work ahead of us makes for exciting times, but it also challenges the team to achieve more! “

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Pradeep Jadhav, Co-Founder, Thoucentric (Ducentric)

Pradeep Jadhav, Co-Founder, says, “Delighted with the launch of Thoucentric Labs, which are channeling our understanding of what technology can deliver for the industry. Our intensive interaction with customers and industry leaders gives us the opportunity to develop relevant and sustainable solutions. “

Snapshot of the products offered by Thoucentric Labs:

PriceVision

Offers highly accurate price forecasts for raw materials taking into account relevant micro and macroeconomic factors with the help of AI and ML. PriceVision is able to provide forecasts on the cash and futures markets across relevant trading exchanges for different time horizons and granularities. The product also offers procurement optimization, which helps companies with procurement by specifying when to procure, how much to procure and what procurement costs are incurred.

PrediQ

PrediQ is a predictive quality platform that provides real-time alerts and recommends corrective action using advanced machine learning, industrial IoT and optimization models. Live and historical data collected over time are analyzed to predict errors in the production processes, and managers are notified immediately.

ThouSense

ThouSense is a demand forecasting platform that combines information such as historical sales, daily demand and real-time signals from all points in the supply chain with various external business indicators such as POS data, currency fluctuations and weather forecasts based on the product category to create accurate short- to long-term forecasts.

Cosmo

Cosmo helps executives to visualize end-to-end business scenarios, assess impact and readiness in order to successfully master the challenges specific to the scenario on a regular basis. The platform uses a combination of advanced analytics, SC planning approaches and event simulation models to simulate business performance for end-to-end scenario planning.

To learn more about our products, visit http://www.thouc-labs.ai/ and our services at www.thoucentric.com

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