STEPPING IN WHERE GIANTSHAVE TROD
Being founded by veterans in the industry, Vesta Equipment Pvt. Ltd. has had a lot in its favor right from the very beginning. The company realized upfront that quality and precision were of utmost importance. So was the power of a big brand name, and Vesta has been consistently aspiring to establish its brand visibility and reputation.
Operating from Bangalore, the company is into selling heavy equipments like compressor pumps and drilling machines. It collaborates with various vendors across the globe to procure various materials, which are then subcontracted for assembling to Fusion Metal Tech, Vesta’s subsidiary concern. The final products are then sent to Fusion Sales and Service, yet another subsidiary concern, from where it is distributed in the market. The company has also been providing spare-parts for various other established names in the industry.
GAUGING THE ROAD AHEAD
The company started off its operations in 2010 by using manual methods for maintaining inventory and other financial software to keep track of its financial dealings. However, very soon Vesta realized that this was hardly the way forward. Each of these equipments consisted of several smaller parts. Keeping track of the numerous components constituting the final equipment was being done manually. “It was all taking far too much time and effort. We realized upfront that we needed to automate this process to see effectiveness in our operations,” says S. Lakshmi Narashiman, DGM—Materials, Vesta Equipment Pvt.Ltd.
“Besides, very often, the bill of materials went through several changes and iterations, and each time these iterations happened, there would be a change in the drawing number. Keeping track of these drawing numbers and revision numbers too, we felt, would be a lot easier with an automated system in place.”