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20 April, 2024 15:35 IST
Ramco Systems bags Indonesian partnership
Source: IRIS | 25 Jan, 2018, 12.48PM
Rating: NAN / 5 stars.
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Ramco Systems has announced that it has secured a landmark partnership with leading Indonesian logistics group to digitize its Logistics enterprise resource planning functions, opening a gateway to one of Southeast Asia's biggest economies.

The Indonesian LSP (logistics service provider) will implement Ramco Logistics Software including modules for freight-forwarding, courier planning, rating and billing, warehouse & fleet management, also consolidating operations for finance and end-to-end supply chain management. Ramco's mobile-friendly platform will replace ~50 disparate, obsolete systems, thereby providing real-time visibility and seamless flow of information.

''Indonesia's logistics industry is investing heavily in logistics infrastructure at a time when local e-commerce and purchasing power are on the rise. With a complete WMS, TMS, Fleet Management integrated with ERP Financials and HR, we bring a comprehensive business application for a LSP to run the entire business on a unified platform. Our transformative logistics software bundled with Bots & Blockchain technology will be a game changer, filling several gaps in the industry and enabling unprecedented mobility to help Logistics companies better meet rising consumer demand,'' said Virender Aggarwal, CEO, Ramco Systems.

''Over the last few quarters, we have seen multiple Logistics customers getting added across United States, Australia, Asia and India. With business continuously expanding, we believe the successful delivery of this project will both, strengthen our presence in Southeast Asia and enable us capture newer opportunities in the region,'' added Aggarwal.

Shares of the company declined Rs 9.2, or 1.73%, to trade at Rs 522.10. The total volume of shares traded was 3,706 at the BSE (12.08 p.m., Thursday).

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