Ramco Systems wins multi-million dollar software deal from Philippines Air Freight Leader AP Cargo
Sanjay Krishna | Myequity news | Date : 09-08-2018 15:25:00 IST
AP Cargo Logistic Network Corp., Philippines leading domestic provider of express logistics for air cargo and other goods, today announced that it will implement Ramco Systems Logistics Software to streamline its freight operations nationwide.
Ramco are an award winning provider of enterprise software on cloud, mobile and tablets beat there local and global vendors to secure the partnership with AP Cargo, this rolls out the integrated Logistics platform bundled with next-gen Finance and HR, for the benefit of more than 1,600 employees, covering over 500+ fleet, reducing manual workloads and generating cost savings while automating tedious administrative tasks.
The partnership comes at a time when Philippines is rapidly adopting lT solutions to ramp up its logistics capabilities and infrastructure. The Philippine freight and logistics market is expected to be worth USD 60.22 billion by 2023, with the rise of e-commerce, internet penetration and increased spending power anticipated to boost demand.
Ramco, which set up its Philippine subsidiary in mid-2016 has been witnessing stupendous growth in the region, with nearly 40o/o of the new order booking for APAC in 2017-18 coming from Philippines. Ramco's continuous thrust on Logistics segment and focus on employing some of the innovative minds locally, has been strengthening the company's position in the region.
As part of the agreement, Ramco will implement its unified, mobile-friendly modules for transport management, hub management; warehouse management, fleet management, visibility; rating and billing, finance and accounting, integrated with end-to-end HR and Payroll compliant with Philippines' statutory requirements at AP Cargo.
Commenting on the deal, Vincent John S. Villacorte, Vice President - Business Operations, AP Cargo, said,
"The decision to automate our manual systems with a future-ready logistics suite is part of a larger strategy to overhaul our supply chain. Ramco's unified solution will offer real-time operational visibility and better planning capabilities, enabling us to arrest revenue leakage and boost productivity to drive overall growth. Ramco has a great track record as a logistics software provider in the Philippines, and we are excited to work with them for our digital transformation."Virender Aggarwal, CEO, Ramco Systems, said, "We are pleased to announce AP Cargo as our latest customer in the logistics and shipping space. Logistics is the backbone of global trade and the Philippines has enjoyed remarkable growth in recent times. Our intelligent, mobile-friendly enterprise suite has won us the trust of customers throughout the Philippines, helping local enterprises optimise their operations and meet the changing demands of commerce in the region."
"Having already secured partnerships with leading logistics providers in the Philippines, we have built our solution to address specific pain points in this market and enable clients to leapfrog the competition. This win represents another milestone in our ongoing journey to strengthen our presence in the high-growth ASEAN economies" added Aggarwal.
Ramco Logistics software is an integrated Cloud-based platform for Third Party Logistics, Freight Forwarders, and parcel/ courier service providers seeking a high-performance logistics software. An integrated end-to-end solution that can link every stage of a logistics chain and bring all the functionalities under a single technology platform, which is flexible, scalable, cognitive, and ready to adapt to change is helping the solution attract customers, worldwide.About AP Cargo :
Ap cargo established in the year 1972 as a simple trading firm, which later on ventured into the shipping and logistics industry. The company ¡n 19gt pioneered into air-shipping in the Philippines under the name MBS trading. In 1991 MBS Trading was renamed Ap Marine philippine Trading, following the company's specialty in delivering aero packages. ln the year 2000 Ap Cargo group of companies transitioned into AP Cargo Logistics Network AP Cargo was selected to be Cebupacific's authorized logistics agent and Avon's exclusive handler of Visayas and Mindanao air shipments The company has also been consistently present in Business Profile's Philippine Top 7000 Corporations, AP Cargo was designated as Philippine Airlines' authorized cargo agent.
At present, Ap Cargo has remained steadfast in its devotion to achieving its goal with only the highest ethical and professional standards.It has linked the country together more than any other domestic shipping and logistics provider with its substantial network of ports and stores; thus, it is distinguished as the country's leading air freight shipping provider.About Ramco Systems :
Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global payroll, ERP and M and E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on innovation and Culture to differentiate itself in the marketplace. On innovation front, Ramco has been focusing on moving towards Cognitive and Robotic ERP with features such as Talk lt - which allows transactions to be carried out by simple voice commands, Bot it - which allows users to complete transaction using natural conversations; Mail It - transact with the application by just sending an email; HUB It - a one screen does it all concept built to address all activities of a user; Thumb It - mobility where the system presents users with option to choose rather than type values and prompt It - a cognitive ability which will let the system complete the transaction and prompts the user for approval.