Ramco Systems to implement its ‘Logistics ERP Software' at Freight Specialists; stock jumps ~1%

23 Aug 2022 , 02:12 PM

Ramco Systems Limited announced that it would use its Logistics ERP Software to automate company-wide operations and services at Freight Specialists, a prominent freight and distribution services provider situated in Sydney, Australia.

Freight Specialists, a privately held company founded over 30 years ago, is a pioneer in regional storage and distribution across Australia and New Zealand, recognised for high-quality service and long-term client connections.

Ramco Logistics ERP Software, which includes modules for Transportation Management, Warehouse Management, Contract and Invoice Management, and Finance and Accounting, will replace Freight Specialists’ legacy application, establishing a single, integrated, intelligent cloud ERP platform with mobile and analytics that will provide superior user experience, end-to-end visibility, and control, and enable real-time operational excellence.

“We are honoured to have acquired the confidence of Freight Specialists following their examination of several service providers,” stated Prashanth Vasu, President & Head – Ramco Logistics Software, Ramco Systems.

At around 2.14 PM, Ramco Systems was trading at Rs272.80 up by Rs3.5 or 1.3% from its previous closing of Rs269.30 on the BSE. The scrip touched intraday high and low of Rs279.30 and Rs265.85 respectively.