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 – an award-winning provider of enterprise software on cloud, mobile and tablets – beat local and global vendors to secure the partnership with AP Cargo. It will roll out its 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 IT solutions to ramp up its logistics capabilities and infrastructure. According toResearchAndMarkets.com, 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 40% 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.