TVS Supply Chain Solutions


TVS Supply Chain Solutions is a firm that supplies spare parts and components to customers in the automotive, defence and utility sectors in the United Kingdom, Europe and the US.

TVS Supply Chain Solutions
TypePrivate
IndustryLogistics
Founded1995 as TVS Logistics Services Limited
HeadquartersChennai, India
Key people
R. Dinesh, MD [1]
Mr. S. Ravichandran, Deputy MD[2]
Number of employees
18,000
ParentTVS Group
Websitewww.tvsscs.com

The company is split into two divisions: TVS Supply Chain Solutions and TVS Defence.

TVS's major customers include; LDV, Isuzu, Modec and Dennis Eagle in the automotive sector; BAE Systems, MBDA and the Ministry of Defence in the defence sector; and Anglian Water.

HistoryEdit

TVS SCS was started as – TVS Logistics – a division of TVS & Sons in 1995 before being hived off as a separate company in 2004. In 2004 it bought out the UK based CJ Components – an automotive component sourcing company. The company pursued further acquisitions across Europe, the UK, the USA, Singapore and Australia.

In 2009, TVS Logistics, part of TVS group has acquired Multipart Holding,[3] which is among the top three after market logistics companies in UK.[4]

TVS Logistics was then renamed to TVS Supply Chain Solutions[5] in 2019.

In 2020, Mitsubishi Corp invested in TVS Supply Chain Solutions for minority stake.[6]

ReferencesEdit

  1. ^ "India can emerge as a key regional parts sourcing hub: R Dinesh, TVS SCS". The Hindu Business Line. December 17, 2020.
  2. ^ "Roca Parryware strengthens tie-up with TVS Supply Chain Solutions". Business Standard.
  3. ^ "TVS-LSL acquires Multipart Holding". The Hindu Business Line. Nov 11, 2009.
  4. ^ "TVS Logistics acquires UK's Multipart Holding". The Economic Times. Nov 11, 2009.
  5. ^ "The buyout firm will purchase new shares as well as those held by existing shareholders in TVS Supply Chain". BloombergQuint.
  6. ^ "Mitsubishi Corp invests in TVS Supply Chain Solutions for minority stake". Mint. Nov 11, 2020.