Vasanth & Co

Vasanth & Co is a renowned chain dealer of consumer electronics and home appliances in Tamil Nadu, India. The company was started in year 1978 and has 82 showrooms across almost every town in Tamil Nadu, Puducherry, Karnataka, Kerala, Andhra Pradesh. The company is owned by H. Vasanthakumar.[2]

Vasanth & Co
Proprietary company
IndustryRetail
GenreElectronics
Founded1978
FounderH. Vasanthakumar
HeadquartersSaidapet, ,
Number of locations
82 branches (September 2019)
Area served
Tamil Nadu, Karnataka, Puducherry, Bangalore, Kerala, Andhra Pradesh, Mumbai, Delhi
Key people
H. Vasanthakumar
ProductsElectronic goods, Gadgets, Home appliance, Consumer durables
Revenue 51.09 billion (US$720 million)(2019).[1]
Number of employees
2,900
Websitevasanthandco.in

Branches

Vasanth and Co., Purasawalkam, Chennai, Tamil Nadu, India.

It has branches in Adyar, Choolaimedu, Kilpauk, Kodambakkam, Mylapore, Nanganallur, Padi, Velachery, Purasawalkam, Porur, Royapuram, T.Nagar (4 Locations), Tambaram, Padi, Kolathur and Washermanpet in Chennai.[3] It has branches almost in every main towns in Tamil Nadu and one in Bangalore and Pondicherry. Total known branches are 82. Out of which, the company has 22 branches, only in Chennai, Tamil Nadu. Recently opened branch is Thisayanvilai. The opening ceremony was held on 11th Feb. 2019.

Expansion

The chain plans to expand its sales network to 100 showrooms across India by the year 2009, with an investment plan of ₹ 1 to 1.50 billion (20 to 30 million US dollars).[4] It reported a turnover of ₹ 5 billion (100 million US dollars) in the year 2007.[5] Through this expansion, Vasanth & Co. would get the name of largest retailer in India.

SAP implementation

The company chose to implement mySAP ERP 2005 across its 50 show rooms to integrate availability of information which will help in optimising its supply chain with faster turn around of its inventory and enhanced visibility of profits.[6]

gollark: * copied, not lost
gollark: I mean, see, osmarks.tk employs something like one person and we have two servers! Google has thousands of people who maybe have access, could actually make money off selling data, and has a lot of places it could get lost.
gollark: You SHOULD NOT trust them. You have NO VALID REASON to trust them. You have MANY GOOD REASONS to distrust them.
gollark: It's not no reason. We have reasons. You just don't seem to recognize them as valid.
gollark: You should not, in fact, be trusting said giant profit-maximizing entity and every future version of it and everywhere they might be sending all the data.

See also

References


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