myTVS, part of the TVS Mobility group, that operates manufacturing, automobile dealerships, distribution, supply chain solutions, and sales, service and automotive components, has selected Oracle Fusion Cloud Applications to unify operations and improve business efficiency. With Oracle Fusion Applications for finance and supply chain, myTVS can integrate and digitalize processes, enhance business insights, and improve decision making to support future expansion.
myTVS’ finance and operations data was dispersed across multiple siloed on-premises applications. It has selected Oracle Fusion Applications to improve financial insights and better match inventory with customer demand.
As per G. Srinivasa Raghavan, Managing Director, myTVS, the company provides a unique business model by decoupling the customer value chain and delivers digital services to 3 million customers, 20,000 retailers and 25,000 garages across the country. It needs to integrate data across all the brick and mortar stores, and digital platforms to improve real-time insights, optimise business processes, and reduce costs. With Oracle Fusion Applications, myTVS can standardise processes and create a single source of truth to improve the speed and quality of decisions and enable the organisation to quickly respond to changes in supply and demand.
With Oracle Fusion Cloud Enterprise Resource Planning (ERP), myTVS will be able to increase productivity, reduce costs, and improve controls, while Oracle Fusion Cloud Enterprise Performance Management (EPM) will help to improve speed and accuracy in reporting, reduce the time to close the books, and help senior leaders make better decisions. Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) will give its supply chain leaders real-time visibility into inventory across various distribution centres and in transit, streamline the procurement process, and significantly reduce the ordering cycle time.
myTVS is in a strong position to capitalise on growing demand for aftermarket services. With the depth and breadth of Oracle Fusion Applications and continuous quarterly updates, myTVS will be able to increase efficiency and reduce costs as it scales up operations to meet demand, informs Adrian Johnston, Senior Vice President, Cloud Applications, Japan & Asia Pacific Oracle.
The project was implemented by PricewaterhouseCoopers, a long-time Oracle PartnerNetwork (OPN) member.
myTVS’ focus and endeavour has been to ensure digitisation of the business processes and offer complete transformation. By leveraging Oracle Fusion Applications, it continues delivering on-demand services at every customer touch point. The platform will integrate the large online-to-offline ecosystem to ensure all stakeholders benefit from it, as per Hirak Kayal, Partner Technology Consulting, PricewaterhouseCoopers Private Limited.