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Ramco bags order from Advanced Global Resources

Ramco System on Monday has bagged an order for Ramco Aviation Suites from Advanced Global Resources (AGR) to track and manage inventory in real time, ensuring audit ability and accountability for their asset management responsibilities to the US Army, the company said in a press note to the exchanges on Monday.

“Ramco beat multiple vendors to win the trust of AGR in enabling them to manage their IT and supply chain support services contract with the Red River Army Depot,” the company said in a press note.

Ramco Aviation Suite 5.8 software offers modules for advanced procurement, invoicing, vendor and inventory management in real time. These functions are accessible via a hub-based dashboard that will enable users to effectively plan, manage, and report on all assets. A native mobile app for warehouse management is also included in the suite, the company added.

Ramco Systems Ltd is currently trading at Rs325.65, up by Rs2.85 or 0.88% from its previous closing of Rs322.80 on the BSE.
The scrip opened at Rs335 and has touched a high and low of Rs335 and Rs317, respectively. So far 25,183 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs987.03cr.
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