Four Soft plans slew of solutions

MUMBAI: Four Soft Ltd (4S), a provider of transportation, logistics and supply-chain process management software solutions to large enterprises, has announced its strategy to target the $500 million global logistics software industry.

The company plans to launch a host of new products in the next 18 months and has announced the commencement of work on two new products -- 4S-3Plex and 4S-eCustoms.

4S-3Plex will bring together various logistics players in the industry to collaborate on a single open platform. The platform will primarily enable regional and mid-sized forwarders, agents and transportation companies to work seamlessly to provide the full visibility of the entire chain to their end customers.

4S-eCustoms is a product that will accelerate the import and export clearance of cargo in major geographic locations. Customs clearance of major countries will be available in one web-based system having the capability to handle the operations, automate interaction with various government customs agencies and ensure compliance. 4S-eCustoms will operate both in standalone mode and as an integrated module with the

4S eTrans product.

4S had recently acquired DCS Transportation and Logistics Solutions division, a UK-headquartered transport and logistics software solutions major, with operations in UK, the Netherlands, US, France and Germany. The acquisition swelled the client base with many of the top twenty transportation and logistics companies of the world.

Speaking on the new initiatives, Srikanth Palem, CEO & MD, Four Soft Ltd. said, "The demand of high supply chain visibility, fast turnaround time and increasing pressure on costs by the end customers is forcing the various regional and mid-sized players in the T&L industry to collaborate among themselves and speed-up interaction with governmental agencies like Customs. 4S-3Plex and 4S-eCustoms are designed to address these evolving needs and will help 4S stay ahead of the market."

Four Soft board member Koh Boon Hwee said, "Four Soft is well positioned to anticipate and understand the evolving needs of this domain and create products that will help the logistics players improve productivity."