Vasanth & Co selects mySAP ERP 2005 to standardize processes across its value chain and enter new era of growth

Vasanth & Co, India's no 1 dealer in consumer electronics and home appliances chain, today announced that it has chosen to implement mySAP ERP 2005 across its 41 showrooms to enhance operations and enter the next phase of its growth plans.

Bangalore, Karnataka, November 5, 2006 /India PRwire/ -- Vasanth & Co, India's no 1 dealer in consumer electronics and home appliances chain, today announced that it has chosen to implement mySAP ERP 2005 across its 41 showrooms to enhance operations and enter the next phase of its growth plans. Vasanth & Co had evaluated several vendors and conducted rigorous research before zeroing-in-on SAP. Integrated availability of information, optimization of its supply chain, faster turn around of inventory and visibility of profits were the key reasons that drove Vasanth & Co to choose SAP. Vasanth & Co is looking to leverage the integrated applications from SAP for finance, human capital management, merchandise management, supply chain management and master data management.

“We chose to work with SAP because we felt that SAP has the best solution for us, has a clear road map and has a strong track record of delivering on its vision. SAP’s track record in this industry has been commendable and we are excited to see the impact of SAP’s best practices in a dynamic industry like ours. We hope to leverage the best of breed solutions from SAP and launch our company into a new and exciting phase of growth” said H Vasanth Kumar, Chairman & Managing Director, Vasanth group of companies.

“We are committed to building a strong relationship with Vasanth & Co and to being a trusted advisor and partner for many years to come. We understand that retailers need the ability to quickly adapt and innovate their businesses to continue to create value for their own customers. SAP allows companies such as Vasanth & Co to flexibly design, implement and execute new, agile business strategies and processes.” said Alan Sedghi, President & CEO, SAP Indian Sub-Continent.

Notes to Editor

About Vasanth & Co

Established in the year 1978, VASANTH & CO., India’s No.1 Dealer in consumer durables, has wide geographical presence in the southern part of India. It has a network of 41 showrooms operating in almost all towns of Tamil Nadu and one each in Bangalore and Pondicherry. Since its inception the sales graph of the company has been slopping upward steadily and today it has earned for itself the envious position of being a Rs.2500 million-turnover company.

Vasanth & Co. houses all globally reputed brands – all under one roof. Vasanth & Co. has been in the news all the time for creating new records in sales and marketing, and also for breaking its own record to reach newer heights. Vasanth & Co. and its proprietor H.Vasanthakumar are recipients of many prestigious awards for business excellence and community care.

About SAP

SAP is the world’s leading provider of business software*. Today, more than 34,600 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at )

(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.

You can also visit www.sap.com/india for more information.

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