Philippines' leading domestic provider of express logistics for air cargo and other goods, AP Cargo Logistic Network Corp. today announced the golive of a powerful cloud-based Logistics ERP suite enabled by Ramco Systems, to improve tracking, planning and management of its air freight operations nationally in more than 80 branches worldwide.
Ramco's Logistics Software implemented at AP Cargo includes modules for Transport Management System, Fleet Maintenance System, Supply Chain Management, Finance Management as well as Human Capital Management.
Built for third-party logistics providers, freight forwarders and courier service providers, Ramco's multifunctional logistics ERP software has been implemented worldwide, enabling over 1,200 users at AP Cargo track, plan, and manage more than 550 vehicles and other valuable assets over their smartphones.
Ramco's Command Center feature now offers AP Cargo's senior management true end-to-end connectivity, visibility and control of the entire operations globally, thereby simplifying operations. The solution's enhanced mobility features and Ramco's Unify Mobile App offers AP Cargo and its customers detailed and real-time asset tracking (location of cargo 24/7), stock status and visibility, thereby eliminating potential revenue leakage.
Commenting on the go-live, Dr. Virgilio R. Villacorte, President and CEO, AP Cargo, said, "Given that Philippines' logistics sector is on a growth trajectory, there was an urgent need for us to adopt IT solutions to accelerate operational competence and infrastructure. Ramco has future-proofed our tech backbone and has also gone the extra mile by rigorously testing the application, to ensure seamless adoption, no matter what the circumstances."
Randi Ovidio G. Lorica, Deputy CEO & Project Manager, AP Cargo, said, "Apart from providing us with a one-stop logistics solution, Ramco Logistics Software has also effectively blended with our in-house systems for hub operations. It has transformed AP Cargo into a technology enabled organization, making us a preferred express logistics company in the Philippines."
Commenting on achieving yet another milestone, P.R. Venketrama Raja, Chairman, Ramco Group, said, "Ramco entered the Philippine market in 2016 and since then has seen astounding growth with many new project wins. Our Logistics ERP suite has helped many leading logistics companies in the Philippines by providing them with a competitive advantage in the now continuously growing and competitive logistics sector. Our partnership and go-live with AP cargo has marked another milestone for us as we strive to strategically position ourselves as one of the leading ERP players in the country."
"Having built a specialised solution to address the LSP segment, we are happy to see good uptake of our comprehensive suite which is driving digitization and business transformation of our clients. The smooth project go-live at AP Cargo is yet another feather in our Logistics cap which reinforces the sturdiness of the solution, the detailed project planning and impeccable partnership between both the teams," added Virender Aggarwal, CEO, Ramco Systems.
Ramco Logistics Software is an integrated and smart platform engineered to provide an end to end comprehensive business solution for 3PLs, Contract Logistics, Freight Forwarders, Project Cargo, Reefer Logistics, E-Commerce Logistics and Parcel/ Express Service Providers. Infused with AI & ML, the next-gen technology platform includes Transport Management Solution (TMS), Warehouse Management System (WMS), Fleet & Asset Management, X-Dock Hub Management, Automated Contract & Billing, Procurement, Profitability, with ERP Financials and Payroll. Complete with Optimisation, APIs, Chatbot, Mobility and Analytics, Ramco Logistics Software was recognised as a 'Notable Vendor' in Gartner's Asia-Pacific Context: Magic Quadrant for Transport Management System.
Gartner's recent Asia/Pacific Context: Magic Quadrant for Transportation Management Systems throws light on the Asia/Pacific TMS market and vendors. Ramco Systems is identified as a Notable Vendor in the report.
Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.176.5 as compared to the previous close of Rs. 172.75. The total number of shares traded during the day was 2754 in over 96 trades.
The stock hit an intraday high of Rs. 186 and intraday low of 176.5. The net turnover during the day was Rs. 497087.