Vasanth & Co: Difference between revisions

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| services =
| services =
| products = [[Electronic goods]], [[gadgets]], [[home appliance]]s, [[consumer durables]]
| products = [[Electronic goods]], [[gadgets]], [[home appliance]]s, [[consumer durables]]
| revenue = {{increase}} {{INRConvert|5|b}}(2019)<ref>[https://web.archive.org/web/20100116201850/http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm Retailers in South gung-ho about new year sales]</ref>
| revenue = {{increase}} {{INRConvert|5|b}}(2019)<ref>{{Cite web |url=http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm |title=The Hindu Business Line : Retailers in South gung-ho about new year sales |date=16 January 2010 |website= |archive-url=https://web.archive.org/web/20100116201850/http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm |archive-date=16 January 2010 |url-status=dead}}</ref>
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'''Vasanth & Co''' is a chain dealer of consumer electronics and home appliances in [[Tamil Nadu]], India. The company was founded in 1978 and has grown to 96 showrooms across towns in [[Tamil Nadu]], [[Karnataka]], [[Kerala]], [[Maharashtra]], [[Delhi]] and [[Puducherry (union territory)|Puducherry]]. The company was founded and owned by the late [[H. Vasanthakumar]].<ref>[http://www.thehindubusinessline.com/2006/10/27/stories/2006102702352100.htm Vasanth & Co to implement SAP]</ref>
'''Vasanth & Co''' is a chain dealer of [[consumer electronics]] and [[Home appliance|home appliances]] in [[Tamil Nadu]], India. The company was founded in 1978 and has 96 showrooms across towns in [[Tamil Nadu]], [[Karnataka]], [[Kerala]], [[Maharashtra]], [[Delhi]] and [[Puducherry (union territory)|Puducherry]]. The company was founded and owned by the late [[H. Vasanthakumar]].<ref>{{Cite web|url=https://www.thehindubusinessline.com/todays-paper/tp-marketing/Vasanth-amp-Co-to-implement-SAP/article20225460.ece|title=Vasanth & Co to implement SAP|website=@businessline}}</ref>
 
== Branches ==
[[File:Vasanth and Co.jpg|thumb|Vasanth and Co., Purasawalkam, Chennai, Tamil Nadu, India]]
 
Vasanth & Co has branches in [[Adyar (Chennai)|Adyar]], [[Choolaimedu]], [[Kilpauk]], [[Kodambakkam]], [[Mylapore]], [[Nanganallur]], [[Padi, Chennai|Padi]], [[Velachery]], [[Purasawalkam]], [[Porur]], [[Royapuram]], [[T.Nagar]] (four locations), [[Tambaram]], [[Padi, Chennai|Padi]], [[Kolathur, Chennai|Kolathur]], [[Shollinganallur,
Chennai|Sholinganallur]] and [[Washermanpet]] in [[Chennai]].<ref>[http://www.chennaibizz.com/Chennai/Branch/ViewBranchesByShop.asp?SId=30&Logo=&SName=Vasanth+%26+Co Chennaibizz branch locator]</ref> It has branches in almost every main town in Tamil Nadu and one in Bangalore and Pondicherry. The total number of branches is 96, out of which 22 are in Chennai, Tamil Nadu. The most recently opened branch is in [[Thisayanvilai]]. The opening ceremony was held on 11 February 2019. highest revenue among municipality as theni district [[kambam]]


== Expansion ==
== 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&nbsp;billion (20 to 30 million US dollars).<ref>[http://www.business-standard.com/india/storypage.php?autono=270777 Vasanth & Co to expand sales network]</ref> It reported a turnover of ₹ 5&nbsp;billion (100 million US dollars) in the year 2007.<ref>[http://www.thehindubusinessline.com/2008/12/27/stories/2008122751151600.htm Retailers in South gung-ho about new year sales]</ref> Through this expansion, Vasanth & Co. would get the name of largest retailer in India.
The chain reported a turnover of ₹ 5&nbsp;billion (100 million US dollars) in the year 2007,<ref>{{Cite web|url=https://www.thehindubusinessline.com/todays-paper/tp-marketing/Retailers-in-South-gung-ho-about-new-year-sales/article20150902.ece|title=Retailers in South gung-ho about new year sales|website=@businessline}}</ref> which had doubled by 2020.<ref>{{Cite web|date=2020-08-30|title=Vasanthakumar – the man who delivered middle class dreams, in instalments|url=https://www.thenewsminute.com/article/vasanthakumar-man-who-delivered-middle-class-dreams-instalments-131920|access-date=2021-12-14|website=The News Minute|language=en}}</ref>


[[File:Vasanth & Co Chennai India.jpg|thumb|Vasanth & Co., Purasawalkam, Chennai, India]]
[[File:Vasanth & Co Chennai India.jpg|thumb|Vasanth & Co., [[Purasawalkam]], [[Chennai]], [[India]]]]


== SAP implementation ==
== 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.<ref>[https://web.archive.org/web/20061124090654/http://www.hindu.com/2006/10/27/stories/2006102702121904.htm Vasanth & Co. opts for SAP]</ref>
The company chose to implement the [[mySAP ERP]] in 50 of its [[Showroom|showrooms]].<ref>{{Cite web |url=http://www.hindu.com/2006/10/27/stories/2006102702121904.htm |title=The Hindu : Business / Briefly : Vasanth & Co. opts for SAP |date=24 November 2006 |website= |archive-url=https://web.archive.org/web/20061124090654/http://www.hindu.com/2006/10/27/stories/2006102702121904.htm |archive-date=24 November 2006 |url-status=dead}}</ref>


==Founder==
==Founder==
The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.
The founder H. Vasanthakumar was born in 1950. He died on August 28, 2020, due to coronavirus.<ref>{{Cite web|date=2020-08-28|title=Congress MP and Vasanth & Co founder H Vasanthakumar dies due to COVID-19|url=https://www.thenewsminute.com/article/congress-mp-and-vasanth-co-founder-h-vasanthakumar-dies-due-covid-19-131840|access-date=2021-12-14|website=The News Minute|language=en}}</ref>


== See also ==
== See also ==