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Addison & Co., Ltd. reaffirms its trust in Ramco



Posted On : 2023-01-04 13:52:16( TIMEZONE : IST )

Addison & Co., Ltd. reaffirms its trust in Ramco

Global enterprise software solutions provider, Ramco Systems announced that it will provide its next-gen Enterprise Resource Planning (ERP) software to Addison & Co., Ltd., strengthening its 25-year association with India's leading manufacturer and exporter of metal cutting tools.

Ramco's ERP software will offer Addison modules covering Finance & Accounts, Inventory, Purchases, Sales, Production, Quality Management and Maintenance Management, as well as a Supplier & Customer Portal on a single integrated platform. The solution will provide Addison with real-time information availability across the business and reporting capabilities to support their decision making.

In addition, with its features like Mobility and Rule-Based Notifications, Ramco's ERP software will provide Addison's employees instant notifications and assist them in taking appropriate action, anytime and anywhere.

G.Giridhara Gopal, Director & Chief Executive Officer, Addison & Co., Ltd., said, "For the past 25 years, our partnership with Ramco played a key role in maintaining our position as India's leading manufacturer and exporter of cutting tools. To scale to further heights, we have yet again embarked on a journey to digitally transform our business. With Ramco's extensive expertise and the advanced capabilities of its ERP software, we are confident that we will attain a sharpened edge for our business."

Rajeshkumar A., Whole Time Director &CFO, Addison & Co., Ltd., said, "With the excellent support Ramco has provided over the years, it was a simple decision for us to renew our trust in them to digitally transform our operations. We look forward to working with them to take our organization to the next level."

Prashanth Vasu, President & Head - Ramco ERP Software, Ramco Systems, said, "We are privileged to reaffirm our longstanding ties with Addison. As one of our first customers, it is heartening to see the trust and belief the company has placed on us, to digitally transform their organization. We are delighted to partner with them to provide a next-gen platform that will help them continue to be pioneers in the cutting tool industry."

Ramco ERP has been delivering significant innovation, cost savings, and superior business processes to global organisations. Ramco's focus on usability, context-awareness, mobility, overall flexibility and comprehensive functionality has enabled smooth technological transitions for customers.

Shares of Ramco Systems Limited was last trading in BSE at Rs. 252.05 as compared to the previous close of Rs. 254.05. The total number of shares traded during the day was 714 in over 85 trades.

The stock hit an intraday high of Rs. 257.55 and intraday low of 251.95. The net turnover during the day was Rs. 181864.00.

Source : Equity Bulls

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