Release Date: 23 August 2010
Release ID: 4867
~to implement its integrated Order management, Freight Forwarding and Customs compliance solutions~
Hyderabad, 23rd August 2010: Four Soft (4S) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for Logistics and Transportation industry is pleased to announce that it has won a new deal from Alba Wheels Up® International, Inc., one of the premier Customshouse broker and industry leading Freight Forwarder to implement its Order Management system 4S Visilog, Global Freight forwarding application 4S eTrans and Global Customs compliance solution 4S eCustoms across multiple locations in USA and Hong Kong. As per the contract 4S Visilog will be rolled out initially with integration to 4S eTrans at multiple locations of Alba wheels. This contract has been executed through Four Soft USA Inc a subsidiary of Four Soft Limited, India.
Alba Wheels Up® International, Inc. established in 1949 is one of the premier Customhouse broker, International leading Freight Forwarder and a key Logistics player in the US. For the past 55 years Alba wheels has been providing extensive services to its customers which has greatly strengthened their presence in the US.
4S eCustoms is the first integrated global solution for Customs compliance integrating multiple country customs brokerage into one framework. It is expected to revolutionize the way global companies do business as customs brokers in multiple countries and bring major productivity gains on a standardized platform. However regional players can still opt for only one module like US customs. With the addition of US imports 4S will be the largest licensed software provider for Customs compliance with a significant percentage of world transactions being processed through 4S systems.
Salvatore Stile II, CEO & President, Alba Wheels Up International Inc., commented,” We reviewed number of software systems in the Industry before we chose Four Soft. Four Soft solutions are definitely a great fit to our current and future demands as we plan for a dynamic and rapid growth in the Freight forwarding and Customs Brokerage Industry. We are also confident that Four Soft has right depth and mix of experience across the industry.” He further added,” we believe that these implementations will not only help us integrate our global business operations but also provide better visibility and enhanced services to our customers."
Rajshekhar Roy, CEO, Four Soft Limited, said,” We are greatly delighted and appreciate Alba making a decision to chose Four Soft. Our experience and success of delivering major projects in the US will not only ensure a smooth implementation for Alba, but also deliver rapid returns on their initial investment. Furthermore Four Soft’s solutions will enable Alba to streamline communications with their trading partners, introducing significant resource efficiencies but more importantly, giving them greater visibility to their supply chain. We also have a strong customs framework for India, Canada and Europe. On completion of US Customs we will have potential coverage of 65% of the global trade.”
Tim Sensenig, EVP – Global Business Development & Sales, said, “We are pleased to welcome Alba on board with its world class reputation and diversified portfolio of its offerings.Four Soft systems have always been on the forefront of providing world class products to our global customers. We are confident that Alba Wheels will experience the benefits of our suite of products which will help them in optimizing their business operations globally.”
4S VisiLog is Four Soft’s collaborative web portal for Order Management and Visibility. Built on J2EE platform with a native browser interface, 4S VisiLog is an Order Management System, linking your business partners & associates as well as service providers & customers. Designed to provide real time, end to end, visibility of the entire value chain with event management & work flow automation and alerts & Track and Trace functions, 4S VisiLog is your command and control centre for global operations.
4S eTrans is Four Soft’s web centric Freight Management System capable of handling Air, Sea, Road and multi modal transport management services. Built on J2EE platform with a native browser interface, 4S eTrans is designed to provide the modern day logistics operators with operational and financial control over their day to day, order to cash process of the domestic and international freight movements. Equipped with an integrated freight accounting module and interface capabilities with external accounting systems, 4S eTrans provides a scalable and flexible Freight Management solution.
4S eCustoms is an anytime, anywhere global customs compliance solution, with plug and play modules for different countries, designed to work in a multicultural, multilingual environment, as one package with interface capabilities with all Four Soft enterprise products and other standard ERP applications. 4S eCustoms exemplifies 4S's value chain integration proposition, with seamless integration possibilities with multiple ERP applications. With native browser access and a generic third party interface, 4S eCustoms is a highly interactive and cost effective solution for the International Freight Forwarding and Customs Brokerage community.
About Four Soft Limited
Four Soft is a public listed and CMMI level 3 certified company which provides innovative software solutions, IT consultancy and BPO services exclusively for the logistics and supply-chain management market place. Four Soft systems help its customers move more than 20% of the Global Freight volumes. As on today, 17 of the top 25 freight forwarders in the world use Four Soft solutions. It is the market leader in the Logistics & Transportation segment with a large international client base including the majority of the top logistics & transportation companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, Schenker, Agility, UTI and Geodis Wilson. Additional information about Four Soft is available at www.four-soft.com.
Four Soft offers a full suite of web-native products across the logistics supply chain. This includes 4S eTrans® for freight forwarding and logistics, 4S eLog® for extended warehouse management, 4S Visilog® & 4S VisiLog plus® for track & trace, visibility and supply-chain management, 4S eCustoms® for customs brokerage, 4S iShipping® for shipping line execution, 4S eConnect® for business-to-business connectivity and 4S Infotips for informed decision making.
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