Chennai, India & Brazil – February 20, 2014 – Ramco Systems, the global Aviation Software provider on Cloud, Mobile and Tablets, today announced Modern Logistics, one of Brazil’s first “end-to-end” logistics supply chain company, as its first Aviation on Cloud customer in Brazil. The win also marks Ramco’s entry into the Air Cargo segment.
Under the agreement, Modern Logistics will implement Ramco’s full suite Maintenance & Engineering solution, comprising of Engineering & Programs, Materials Management, Maintenance, Compliance & Quality, Flight Operations, along with HCM and Finance & Accounting.
Mr. Amir Nasruddin, VP – Operations, Modern Logistics, said, “We needed a proven, best-of-breed solution that already has state-of-the-art workflows and processes which will ensure rigorous regulatory compliance, safety and operational efficiency in the management of the continued airworthiness of our aircraft fleet. Ramco’s solution fully complies with this demanding requirement and in addition provides the advanced technology architecture that can adjust to changing business needs. We are extremely pleased to partner with Ramco Systems and are very confident that the Ramco solution will be continuously enhanced to meet our future business requirements.”
Commenting on the new win, Mr. Virender Aggarwal, CEO, Ramco Systems, added, “Modern Logistics marks our entry into the Brazilian market and the Air Cargo industry segment. Modern Logistics will be leveraging Ramco solution to give it a competitive edge to improve the efficiency of the supply chain, adopt technology solutions to align with its business needs, support paperless processes and drive growth and operational efficiencies. This win opens up a new market segment in Air Cargo. With our end-to-end Maintenance and MRO software, we hope to effectively address this niche segment and its unique business needs.”
Built for the Aviation sector, the Ramco Aviation Suite caters to airlines, rotor wing operators as well as third party MROs. The solution helps Aviation businesses to bring in best practices into all engineering and maintenance operations, and reduce overhead costs.
Modern Logistics will begin operations with 737- 400 Special Freighter airplanes to launch the air solution of its integrated distribution platform. As part of its supply-chain, the company will roll-out a network of logistics centers that will focus on supplying Brazilian businesses with a “one-stop-shop” distribution solution. Launch is scheduled for the end of the first half of 2014.
About Modern Logistics S.A.:
Modern Logistics is building an “end-to-end” logistics supply chain company to serve domestic, regional and international markets by integrating air and ground modes between strategically-located logistics centers in Brazil. Modern Logistics’ unique platform will help companies doing business in Brazil to realize their market potential through customized cost-efficient solutions.
Modern Logistics plans logistic centers in Brazil’s established industrial regions and growing markets, equipped with state-of-the-art facilities and fully integrated IT systems. The company is taking delivery of Boeing 737-400F aircraft that will provide cost efficient distribution on medium and long haul routes and connecting logistic centers on each end.
For more information, email Info@modern.com.br, or call (+55-11) 4191-0485.
About Ramco Systems:
Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. Built on Ramco VirtualWorks®, all Ramco products are cloud architected by design and address the entire business cycle from transaction to analytics. Part of the USD 1 Billion Ramco Group, the company offers ERP, HCM, SCM, CRM, Financials, Service Management, Asset Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud model—public, private and community. Ramco focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 150,000 users from 1000+ customer organizations. The company currently has 20 offices spread across India, USA, Canada, Europe, Middle East, South Africa and APAC.
“Ramco Systems Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed its Draft Letter Of Offer with the Securities and Exchange Board of India (“SEBI”). The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in, on the website of the lead manager at www.centrum.co.in and of the Company at www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled “Risk Factors” at page xiii of the aforementioned Draft Letter of Offer.”
For more information, please visit http://www.ramco.com/aviation