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]
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| Proprietary company | |
| Industry | Retail |
| Genre | Electronics |
| Founded | 1978 |
| Founder | H. Vasanthakumar |
| Headquarters | Saidapet, , |
Number of locations | 82 branches (September 2019) |
Area served | Tamil Nadu, Karnataka, Puducherry, Bangalore, Kerala, Andhra Pradesh, Mumbai, Delhi |
Key people | H. Vasanthakumar |
| Products | Electronic goods, Gadgets, Home appliance, Consumer durables |
| Revenue |  |
Number of employees | 2,900 |
| Website | vasanthandco |
Branches
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]