Ramco Systems wins order from US-based company

Gayathri Udyawar
/ Categories: Trending, Markets

Ramco Systems' aviation suite was selected by Advanced Global Resources, LLC (AGR) to manage the IT and supply chain contract of their client the US Army.

 

Ramco Aviation Suite 5.8 software offers modules for advanced real time invoicing, procurement, vendor and inventory management. The suite replaces the manual and paper-based system thus providing better stock visibility and aids timely fulfilment. AGR will deploy Ramco's Aviation Suite to manage the company's IT and Supply Chain Support Services Contract with the Red River Army Depot of the US Army.

 

The company believe that this order will help them secure similar orders in the North American defence sector. Ramco Aviation Software used to manage more than 4,000 aircraft, globally. The software suite is accessible on cloud. It helps clients reduce transaction time in aircraft-on-ground (AOG) situations and as well as during critical turnaround events.

 

Meanwhile, despite a downfall in the Indian equity markets, the stock of Ramco Systems was trading positive on Monday. At 14:33 hours, the stock was quoting Rs. 332.20 per share, up by 2.91 per cent, when the benchmark index BSE Sensex was at 36,431.01, down by 410.59 points or 1.11 per cent.

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