TVS SCS appoints R Vaidhyanathan as the new Global CFO
Current Global CFO Raviprakash Bhagavathula will move to a new role as Head of Strategic Initiatives
Chennai, March 26, 2025: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider, one of the largest and fastest growing integrated supply chain solutions providers in India, announced the appointment of R Vaidhyanathan as its new Global Chief Financial Officer (CFO) effective 1st April 2025. The board of directors, in a meeting held today, approved the appointment. Vaidhyanathan will be based out of Chennai and will report to Ravi Viswanathan, Managing Director. Raviprakash Bhagavathula, the current Global CFO, will now move to a new role as Head of Strategic Initiatives, based out of Singapore and will continue to report to Ravi Viswanathan, Managing Director.
Vaidhyanathan currently serves as Deputy Global CFO and has held various positions in Finance within the organisation. He joined TVS SCS in January 2019 as Group Financial Controller subsequently assuming the position of CFO for the India business. His leadership resulted in significant enhancements to the productivity of the finance function, establishing a strong foundation for growth and operational efficiency.
Commenting on the appointment, Ravi Viswanathan, Managing Director, TVS SCS, said, “We are delighted to appoint R Vaidhyanathan as our new Global CFO. His strong track record in driving financial performance, optimising cash flow, and fostering a culture of operational excellence has been instrumental in our growth journey. I am confident that his deep understanding of our business and his strategic vision will help us continue to innovate and scale as we move into the next phase of growth journey. We also express our sincere gratitude to Raviprakash Bhagavathula for his invaluable contributions since 2018 as CFO, especially for leading TVS SCS to a successful public listing. We look forward to his leadership in driving our strategic initiatives.”
Vaidhyanathan is a member of the Institute of Chartered Accountants of India and holds a Postgraduate Program in Management from the Indian School of Business, Hyderabad.
About TVS Supply Chain Solutions
Promoted by the erstwhile TVS Group and now part of TVS Mobility Group, TVS Supply Chain Solutions Limited (“TVS SCS” or “Company”) is an India-based multinational company, that pioneered the development of the supply chain solutions market in India. For the last two decades, TVS SCS has managed large and complex supply chains across multiple industries in India and in key global markets through customised tech-enabled solutions. The Company’s customers span across numerous industries such as automotive, industrial, consumer, tech, and tech infra, rail and utilities, and healthcare.
The company operates in 26 countries with over 17,000 employees and works with 78 Fortune Global 500 customers.
TVS Supply Chain Solutions inaugurates a new industrial facility in New Zealand
Auckland, 19 February 2025: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), one of the leading global supply chain solutions providers , has today announced the opening of its state-of-the-art industrial facility in Wiri, Manukau City. This marks a significant milestone for TVS SCS as it consolidates its Integrated Final Mile (IFM) capabilities in New Zealand under one roof for the first time.
The new site is a premium-grade facility, strategically located in Wiri, one of Auckland’s fastest-growing industrial hubs. The location boasts road frontage, a 759m² warehouse, a 219m² office space, and secure fencing with full drive-through capability. The facility’s proximity to Auckland’s Central Business District CBD (26km) and Auckland Airport (6km) ensures superior transport access, reinforcing Wiri as a critical industrial precinct for businesses requiring efficient logistics.
“The opening of this facility demonstrates our commitment to innovation, efficiency, and reliability in New Zealand’s logistics sector,” said Giridhar K., Business Head for TVS SCS New Zealand. He further added, “With this new site, we aim to address the growing demand for high-quality supply chain solutions, empower local businesses, and contribute to the region’s economic development. By consolidating our spare parts logistics and in-house repair capabilities, we are enabling faster response time and more streamlined operations for our customers.”
Complete end-to-end supply chain solutions
With the presence of TVS SCS Global Forwarding Solutions in New Zealand, offering Ocean Freight, Air Freight, and Customs Clearance, the company is now positioned to offer complete end-to-end supply chain solutions to its customers. This integration of services provides a seamless experience for businesses looking for comprehensive logistics support.
Building features and security
The facility offers advanced features designed to ensure security, efficiency, and flexibility:
Access Control Systems: Card/keypad entry, visitor management, and intrusion detection.
CCTV Surveillance: High-resolution cameras with remote monitoring.
Perimeter Security: Fencing, barriers, access-controlled gates, and exterior lighting.
Fire Safety Systems: Smoke detectors, emergency exits, and lighting.
Operational capabilities
This consolidated warehouse will support a wide range of services, including:
Spare Parts Logistics: Order processing, picking and packing, and inventory optimisation with 24/7 access.
Transportation Options: Same-day, 2HR, 4HR, next business day, 5 business day, and next-flight-out services.
Engineer Support: In-house pick-up and drop-off (PUDO) points monitored by CCTV.
In-house repair centre
The facility includes a designated repair area equipped with advanced tools and testing equipment. Skilled technicians will deliver high-quality repairs, ensuring adherence to operational standards. This integration of repair services with warehouse operations allows seamless workflows and rapid response to urgent repair needs.
Supply chain innovation
The facility incorporates advanced technologies, including:
Warehouse Management Systems (WMS): For inventory accuracy and efficiency.
Automation and Robotics: Guided order pickers and reach trucks with cameras for faster and efficient picking from racks.
Very Narrow Aisle (VNA) Racking Systems: Maximised storage capacity and better space utilisation.
Real-Time Tracking: Offering complete visibility into shipments and inventory.
Commitment to talent development
TVS SCS is investing in its workforce by providing regular training programs and establishing dedicated customer support teams to assist with urgent inquiries and complex requirements.
TVS Supply Chain Solutions Awarded 4-Year Contract for Provision of Maritime Consumables and Furniture (MCF) in Support of the Royal Navy
TVS Supply Chain Solutions (TVS SCS), a global leader in supply chain management, has been awarded a notable 4-year contract by the UK Ministry of Defence (MOD)/ Defence Equipment & Support for the provision of Maritime Consumables and Furniture (MCF) to support the Royal Navy. This Enabling Contract will ensure the seamless procurement of a wide range of essential items through Maritime Spares, supporting operational efficiency across the Royal Navy’s fleet.
The contract covers the supply of items from a wide range of essential equipment and components, which are vital to the continued maintenance and operational readiness of the Royal Navy.
In addition to the provision of materials, the contract includes a crucial element of Technical Services. This involves support in Obsolescence Management, Integrated Logistics Support, and assistance with Safety Assessments, ensuring that the items remain up-to-date, safe, and available despite the challenges posed by supply chain disruptions.
TVS SCS brings a wealth of experience to this requirement, managing around 2 million items daily across various sectors, including automotive, defence, healthcare, and utilities. Known for building resilient and agile supply chains, TVS SCS is appropriately positioned to ensure the Royal Navy’s needs are met efficiently.
“We are proud to support the Royal Navy with this critical contract. Our focus will be on delivering a resilient and responsive supply chain, leveraging our global expertise and technological solutions to ensure the availability of vital consumables and furnishings. This contract further demonstrates our commitment to delivering world-class supply chain services to the UK’s defence sector.”
TVS SCS Supports the Launch of the New Logistics Skills and Careers Hub at West Thames College, London
London, 25 th October, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider announced that it has played a key supporting role in the launch of the new Logistics Skills + Careers Hub at West Thames College’s Skills + Logistics Centre in Feltham, West London. The new centre is designed to address the skills gaps in the logistic industry, promote employee engagement and drive innovation by fostering collaboration between the logistics companies and the College.
“Today marks a significant milestone for our college as we launch the Logistics Skills + Careers Hub, an initiative that will play a pivotal role in addressing the skills gaps within the logistics sector,” said Tracy Aust, CEO and Principal of West Thames College. “Through this hub, we aim to equip our students not only with the technical knowledge, behaviours and skills necessary to meet the demands of employers but also those key employability skills, and this is particularly important in a region where logistics is a key driver of the local economy.”
Simi Punn, Managing Director, Courier Services, TVS Supply Chain Solutions Integrated Final Mile, said “The Logistics Skills + Careers Hub is an exciting opportunity to cultivate the next generation of talent in our industry. At TVS SCS IFM, we understand how critical it is to equip students with both the technical and leadership skills they need to succeed in fast-paced environments like logistics. By aligning education with industry needs, we’re not only addressing today’s skills gap but also creating long-term opportunities for growth and development across the sector.”
“This hub reflects the true spirit of partnership between education and industry,” said Paul Grice, Commercial Director, Courier Services, TVS Supply Chain Solutions Integrated Final Mile and Board Member representing TVS SCS at the Strategic Partnership Board in the College. “By working together, we are ensuring that the curriculum is closely aligned with the practical needs of the sector, providing students with real-world insights and preparing them for the high-demand roles within logistics. TVS SCS IFM is excited to be part of this collaboration, which will help to future-proof the industry and inspire the next generation of logistics professionals.”
The collaborative journey between TVS SCS and West Thames College is focused on enhancing skills in logistics, transportation and supply chain management – areas that are crucial to the economic development of West London. The centre will aim to provide opportunities for both young people and adults seeking to train or upskill themselves in the logistics industry, with a particular focus on addressing employer demand for expertise and bridging skills gaps. Additionally, the hub will host career events and recruitment drives to promote accessibility and raise awareness of opportunities within the sector for the local community.
For more information, please contact:
Varshini Suresh, Communications Executive TVS Supply Chain Solutions Integrated Final Mile [email protected] +44 7815852776
Field Army, Defence Equipment & Support, Babcock and TVS Supply Chain Solutions celebrate the success of the Land Rover Wolf Spares contract IRM22/7595
As the current contract for the Supply of Parts, Spares, Consumables & Accessories for the Land Rover Wolf Platform (IRM22/7595) draws to a close, the Vehicle Support team within the UK MOD’s DE&S, Field Army and Babcock have recognised the significant achievements of the contract in increasing spares availability.
The ageing Land Rover Wolf platform is a critical piece of equipment for UK MOD, with significant obsolescence issues. The continued supply of spares, consumables and accessories is essential and underpins the availability of the fleet.
Working collaboratively with all stakeholders TVS SCS applied its procurement, technical and supply chain capability to implement obsolescence management and alternative parts approval processes to re-establish supply of quality parts to the fleet.
Ewelina Gorka, VST Operations Manager CVS said “TVS SCS has provided a strong spares service to support the Land Rover Wolf Platform, which included a collaborative approach to the introduction of an alternative parts approval process, that has resulted in a significant improvement in spares availability within 18 months.”
The MOD’s decision to place this contract with a professional supply chain organisation aligns with the Defence Supply Chain Strategy. This strategy advocates an ambition to build supply chains that are ‘resilient by design’ and able to handle the ‘new normal’ of constant disruption through a proactive, integrated, and collaborative approach.
Dave Sulley, TVS SCS Senior Account Manager commented “We were delighted to be selected by UK MOD to deliver spares procurement to Land Rover Wolf platform back in 2022. The contract has been both challenging and rewarding, and evidence’s that TVS SCS’s proven procurement and obsolescence management processes can deliver huge improvements to fleet availability and supply chain resilience.”
TVS SCS are a global supply chain organisation who manage over 2 million parts on behalf of customers in the automotive, beverage, defence, healthcare, rail, and utilities sector. These clients rely on TVS SCS’s ability to create and manage a resilient supply chain that actively mitigates the risk of supply from global disruptions.
Photo source: Joost J. Bakker
TVS SCS Awarded 7-Year Multi-Supplier Framework to Enhance Royal Navy Warship and Submarine Support
TVS Supply Chain Solutions (TVS SCS) is one of the suppliers that has been awarded a significant 7-year multi-supplier framework contract – MSS/141, by the Power, Propulsion and Auxiliaries (PPA) Team, a key part of Core Delivery within Defence Equipment & Support (DE&S). This prestigious contract will see TVS SCS providing critical systems spares and support, ensuring enhanced availability and operational readiness for Royal Navy warships and submarines worldwide.
This framework has been designed to deliver agility in response to an increasingly unpredictable global environment, while ensuring the Royal Navy meets its demanding operational schedule. This contract also underscores the UK Government’s commitment to driving value for money in defence procurement.
Maria Eagle, Minister for Defence Procurement and Industry, commented:
“The spares and repairs that keep our warships and submarines at sea are critical, and this agreement will ensure that more British small businesses – from Southampton to Aberdeen – will be at the heart of supporting the Royal Navy. By backing our defence industry, we will keep the nation safe and support more than 200,000 jobs.”
TVS SCS, a global supply chain organisation, manages approximately 2 million items per day across various sectors including automotive, beverage, defence, healthcare, rail, and utilities. The company’s expertise in creating and managing resilient supply chains has been instrumental in mitigating the risks posed by global disruptions, making them an ideal partner for this critical defence contract.
Roger West, Managing Director Defence & Government Services, at TVS SCS, said:
“We are immensely proud to support the Royal Navy through the MSS/141 framework. At TVS SCS, we understand the complexities and challenges that come with supporting a modern naval fleet. The MSS/141 framework is not just about supply; it’s about anticipating needs, mitigating risks, and delivering solutions that are both timely and reliable. Our ability to navigate global supply chain disruptions, whether due to geopolitical tensions, economic shifts, or unforeseen events, ensures that the Royal Navy can continue to operate without interruption.”
This contract marks a significant milestone in TVS SCS’s ongoing partnership with the UK Ministry of Defence, reinforcing the company’s role as a key contributor to the nation’s defence capabilities.
Drinksflow reach an agreement with UK manufacturer John Guest to transform service delivery into the beer and beverage industry
Chorley, Lancashire, 15th August 2024: Drinksflow, a national one-stop-shop and solutions provider to the UK beer and beverage industry are excited to announce that it has secured a strategic business deal with John Guest – the world leading manufacturer of drinks dispense plumbing fittings – to become a key distributor to all customers within the UK beer and wider beverage industry.
After a rigorous evaluation process, Drinksflow, part of TVS Supply Chain Solutions (TVS SCS), has selected John Guest (part of the RWC group) as the ideal manufacturing partner to help transform supply chain operations within the beer industry with their high-quality products. Known for its innovative beer dispense push-fit connection technology – which is manufactured in the UK – John Guest is trusted worldwide for enhancing the performance, installation and operational efficiencies of draught beer pipelines. Through this partnership, Drinksflow will leverage its state-of-the-art logistics centre in Chorley to ensure national distribution of John Guest Beer Dispense products, guaranteeing full product availability, next-day delivery, and the convenience of 24/7 ordering through their e-commerce platform which can be found at www.drinksflow.co.uk
Mark Berry, Head of Drinksflow said, “The trust shown by John Guest in this collaboration demonstrates our capabilities and expertise in the world of drink dispense and wider supply chain solutions. By investing significantly in this project, I am sure our partnership with John Guest will add value to both theirs and our own customer driven solutions. We look forward to a long-term relationship that will make a positive and lasting impact on both our customers and the wider industry that we serve.”
David Pridmore, Head of Key Accounts, RWC said, “We are delighted to announce this strategic partnership with TVS SCS through Drinksflow. We have worked closely with TVS SCS for many years and see this agreement being very complementary to our two brands. John Guest has been recognised as the market leading supplier of fittings to the beer industry for over 40 years, while TVS SCS is renowned for excellent service in ensuring that the industry has what they need, when they need it. We are thrilled that TVS SCS have made the commitment in stock holding to ensure that our customers always have availability of our world-class products.”
TVS SCS wins Multi-Year Contract with JCB for In-Plant Logistics at Vadodara
Chennai, August 07, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has secured a new business contract from JCB in India for managing their in-plant warehousing and logistics operations at their facility in Vadodara, Gujarat for three years. JCB has been TVS SCS’ one of the first few clients for more than two decades, with TVS SCS offering aftermarket warehouse services in Bhaproda, Haryana for Parts distribution.
Commenting on the new contract, Mr. K. Sukumar, CEO, TVS Supply Chain Solutions India, remarked, “JCB has been a pivotal partner in our growth journey, and we are thrilled to continue this collaboration. Securing this contract underscores our commitment to delivering process excellence and innovative, value-driven solutions. With this new deal, we are excited to offer an extensive suite of in-plant warehousing services along with cutting edge technology solutions to further drive business transformation for JCB in India.”
Mr. Deepak Shetty, CEO and Managing Director JCB India, said, “We are pleased to partner with TVS SCS for our in-plant warehousing and logistics operations at Vadodara. We look forward to their expertise in supply chain management in enhancing our efficiencies. This factory is a fully export focussed facility and plays a critical part as it supplies components to our global factories the world over. We are delighted to have TVS SCS on board as our partner in our journey in excellence.”
TVS SCS’s In-plant logistics services for JCB’s Vadodara plant will comprise end-to-end warehouse management, from unloading and put-away of parts to picking and lineside feeding. The company will deploy Material Handling Equipment (MHEs) and employ close to 110 personnel for this contract. JCB’s Vadodra plant manufactures fabrications and components for JCB’s plants Globally.
About TVS Supply Chain Solutions
Promoted by the erstwhile TVS Group and now part of TVS Mobility Group, TVS Supply Chain Solutions Limited (“TVS SCS” or “Company”) is an India-based multinational company, who pioneered the development of the supply chain solutions market in India. For the last 15 years, TVSSCS has managed large and complex supply chains across multiple industries in India and select global markets through customized tech-enabled solutions. The Company’s customers span across numerous industries such as automotive, industrial, consumer, tech and tech infra, rail and utilities, and healthcare.
TVS SCS provides specialized solutions spanning the entire value chain from sourcing to consumption, to reduce complexity in its customers’ supply chains by using technology, data analytics and execution experience. The company’s digital platforms are largely cloud-based, powered by a micro service-based architecture and are highly scalable and reliable, thereby enabling it to implement solutions across multiple geographies in a relatively short time.
JCB is a leading manufacturer of Earthmoving and Construction equipment in India and started in India as a joint venture in 1979.
An embodiment of the vision of an Atmanirbhar Bharat, JCB has Six state-of-the-art factories in India at Ballabgarh, Jaipur, Pune and Vadodara (Halol). It also has a design centre at Pune which works on Domestic as well as Global projects. All factories operate to ‘One Global Quality’, and JCB’s ‘Made in India’ products are being used in over 130 countries.
It introduced the iconic Backhoe Loader in India close to four decades ago and has since expanded its range to over 60 products in Nine categories and its products are used extensively in Infrastructure development.
It has more than 60 dealers and about 700 outlets. Parts warehouses at Pune, Bengaluru, Bhaproda, Kolkata and Guwahati support these dealerships and outlets for Parts supplies.
It has built and supported a local supply chain for the manufacturing of its products in India. World-class Indian suppliers are aligned to JCB’s group objectives and have grown along with the company through various supplier development and cluster initiatives.
The company’s CSR initiatives extend across three in-house foundations and Nine of the Sustainable Development Goals. Its CSR projects also include Nila House, which is a centre of excellence for craft in Jaipur and the JCB prize for Literature.
TVS Supply Chain Solutions wins Strategic deal with Daimler Truck AG
To streamline supply chain operations for Daimler Truck South East Asia’s distributor network, dealers, & workshops in 16 countries in the Asia-Pacific region from its strategic logistics centre in Singapore
Singapore / Chennai, June 11, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers headquartered in India, announced a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for Integrated Supply Chain Solutions (ISCS) service in Singapore.
This contract solidifies TVS SCS as a primary logistics partner for Daimler Truck AG, the world’s largest manufacturer of commercial vehicles, reinforcing the organisation’s commitment to delivering exceptional logistics services between Germany and the Asia-Pacific region. Daimler Truck South East Asia conducted a thorough evaluation process before awarding TVS SCS with the opportunity to provide these new services.
“The scope and prestige of this partnership reflect the trust placed in TVS SCS to manage critical supply chain operations”, says Vittorio Favati, CEO of TVS SCS Global Forwarding Solutions.
The collaboration between TVS SCS and Daimler Truck South East Asia aims to address critical operational objectives:
Establish a robust logistics solution for distributing spare parts and related items.
Streamline supply chain operations, servicing Daimler Truck South East Asia’s distributor network, dealers, and workshops in 16 countries in the Asia-Pacific region from its strategic logistics centre in Singapore.
Efficient management of 8,000 SKUs and 65,000 order lines annually, accommodating a diverse range of parts with varying storage requirements.
Ensure smooth transportation across multiple modes, including air, Full Container Load (FCL), Less than Container Load (LCL), and road transportation, coupled with customs clearance and Dangerous Goods (DG) declarations.
TVS SCS is delivering a customised IT solution suite, centred on a bespoke online platform that provides inventory visibility and ordering to Daimler Truck Parts Centre (DTPC) Southeast Asia customers. The IT solution also provides DTPC SEA with an integrated capability for inventory management, parts replenishment ordering, parts pricing, invoicing and data analytics.
Mr. Favati emphasised TVS SCS’s delight for the new contract win: “We are thrilled about the opportunity to deepen our partnership with Daimler Truck AG and assist with their strategic goals, particularly the distribution and warehousing solutions in Singapore. The long-standing relationship between Daimler and TVS SCS is a testament to both companies sharing a commitment to operational excellence and innovation.”
Mr. Christoph Stemmer, Vice President Customer Services & Parts, Mercedes-Benz Bus and Special Truck Sales SEA: “We are thrilled to move into a dedicated commercial vehicles warehouse and by doing so, to focus entirely on the needs of our Daimler Truck customers in the region. TVS SCS has been chosen as our logistics partner due to their unique service offer and their performance as a dedicated and passionate warehouse and logistics provider. We are looking forward to a successful collaboration.”
TVS SCS partners with Manchester Metropolitan to lead AI innovation
~ This partnership is a testament to TVS SCS’ quest for continuous development of its tech capabilities.
Chennai, 16th May, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest growing integrated supply chain solutions providers in India, announced that its wholly owned subsidiary, TVS SCS UK and Europe are working in partnership with Manchester Metropolitan University (MMU) to drive forward the use of Artificial Intelligence (AI) in its business. This partnership focusses on AI governance and how to implement it as a core structure throughout the business.
TVS SCS have been working with the university, initially through the Higher Education Innovation Funding (HEIF) which supports knowledge exchange between higher education providers and industry.
TVS SCS has now applied for a Knowledge Transfer Partnership (KTP) with MMU, which will focus on the technological solutions that may be available to assist with supply chain solutions through the use of AI.
Andrew Jones, CEO at TVS SCS UK and Europe, commented, “This partnership is a significant step forward for TVS SCS as we continue to integrate Artificial Intelligence (AI) into our operations. With AI already playing a pivotal role in various aspects of our operations, this collaboration will further strengthen our process capabilities. We were impressed with MMU and their knowledge and expertise in this area and want to further strengthen our relationship with them to explore how we can incorporate AI in delivering sustainable supply chain solutions.”
According to Dr Ashley Williams, Senior Lecturer in Software Engineering at MMU, “We are pleased to be working with TVS SCS on their AI journey and understand that they are keen to keep their AI solutions in-house. As a technology-driven business, they have the capability to deliver in this still developing space, stay ahead of the curve and in line with governance as it evolves.”
TVS SCS supports customers in multiple industry verticals including Automotive, Defence, Industrial, Utilities, E-commerce, and Healthcare. TVS SCS trades on a reputation of being collaborative in its engagement, innovative in its approach and effective in reducing its clients’ operating costs, while improving their performance through the accelerated deployment of leading supply chain solutions. TVS SCS offers a range of supply chain services from Integrated Supply Chain Solutions to Global Forwarding Solutions and Time Critical Final Mile Solutions, all tailored to its customers’ needs.
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