Global enterprise cloud software specialist, Ramco Systems announced that it has gone live at leading third party logistics and warehousing services provider and a Redington Group Company, ProConnect Supply Chain Solutions with its Enterprise Resource Planning (ERP) system for Logistics - Ramco Logistics Software, bundled with complete HR and Payroll, to integrate company-wide supply chain processes and resource management.
Ramco Logistics Software - will enable ProConnect to track and manage its fleet, inventory, warehousing, transportation and assets in real time on desktop, mobile and tablets. To reduce human error, the software also includes automated functions for contract-based billing, finance and accounting, payroll, procurement and customer relationship management.
With the new system, ProConnect is able to decentralise operations, standardise workflows, build customerspecific deployment, benefit from better overall warehousing visibility and maintenance, and adhere to statecompliant finance management.
On the successful Go-live, Dr. R. Arunachalam, CEO, ProConnect Supply Chain Solutions, said, "With its comprehensive yet user-friendly interface, Ramco's digital ecosystem has unified our cumbersome legacy modules and significantly streamlined the way our warehouses work, enabling us to fulfil orders in an even more timely and precise manner. We are confident that our association with Ramco will translate into greater productivity and satisfaction for our employees, customers and vendors."
Virender Aggarwal, CEO, Ramco Systems, said, "At Ramco, we strive to resolve complex issues by leveraging innovative technology to find simple solutions. We are truly delighted to collaborate with a homegrown business like ProConnect, which has over the years established itself as a logistics giant in different verticals. This partnership cements our position as an innovative market leader here at home in India as well as the rest of the world."
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.
Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.234 as compared to the previous close of Rs. 232.7. The total number of shares traded during the day was 2075 in over 70 trades.
The stock hit an intraday high of Rs. 235.8 and intraday low of 232.05. The net turnover during the day was Rs. 486293.