myTVS, 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 digitalise processes, enhance business insights, and improve decision making to support future expansion.
A press release from the company noted that 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 & 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.
G Srinivasa Raghavan, Managing Director, myTVS, said that the company needed to integrate data across all its brick & mortar stores, and digital platforms to improve real-time insights, optimise business processes, and reduce costs. With Oracle Fusion Applications, it 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.
Adrian Johnston, Senior Vice President- Cloud Applications, Japan & Asia Pacific, Oracle, said, “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.”
Interestingly, the application was implemented by PricewaterhouseCoopers, a long-time Oracle Partner Network member. Hirak Kayal, Partner Technology Consulting, PricewaterhouseCoopers, said, “Our focus and endeavour has been to ensure that we digitalise the business processes and offer complete transformation leveraging Oracle Fusion Applications for myTVS to continue delivering on-demand services at every customer touch point. At the same time, the platform has to integrate the large online-to-offline ecosystem to ensure all stakeholders benefit from it.”
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