Four Soft Limited, a Hyderabad-based transport and logistics (T&L) solutions provider, has entered into an agreement with TL Logicom, a Tokyo-headquartered company, which is into transportation, warehousing, and real estate leasing services and a subsidiary of SBS Holdings, for the implementation of its web-centric solutions.
Under the agreement, Four Soft will implement its advanced web-centric solutions including 4S eTrans - its multi-modal freight management system, 4S eLog - its extended warehouse management system and 4S Visilog - its visibility and order management system, to streamline critical operations at TL Logicom.
BalaKrishna Reddy, head (Asia), Four Soft, said, "The contract will further strengthen our dominance in the Japanese market and put in place a solid platform for our overall growth strategy."
Masahiko Kamata, president, TL Logicom, said, "We required a complete set of integrated software solution to handle operations covering freight, transportation and warehousing coupled with real-time updates to those involved in the business globally. We chose Four Soft's technological expertise, which will enable us in rolling out enhanced services on a global scale across Japan and globally."
The company's scrip is currently trading at Rs 9.67, down 3.11% over the previous close of Rs 9.98.