Logistics alliance formed by Four Soft

Four Soft is bringing together six companies to form a strategic initiative in India – FFIFA (Freight Forwarding Industry & Four Soft Alliance). DHL, Geodis Wilson, CEVA, Agility, FedEx and Continental Group have come together to drive efficiencies in the logistic software deployment. The members will collaborate and will collectively suggest the adoption of best practices across the industry.

The objective of FFIFA is to provide a forum for the exchange of ideas where the resultant “Industry best practices” will save the industry time, energy and money in providing better services to its customers.

FFIFA members will collaborate to help the evolution of unified and standard business practices across multiple tiers and geographies. Major benefits include access to all information, standards and metrics, better understanding of changing business dynamics and understanding of tangible and intangible benefits of IT in Logistics.

Palem Srikanth, chairman of Four Soft, said: “Logistics and transportation industry has been facing serious problems due to lack of standardised business processes. It has made them less competitive and led to lack of control on their IT budgets. We believe this is the right time for leading players of the industry to come together and adopt a collaborative approach to the common industry problems. Four Soft is proud to be a part of this consortium as we are rightly equipped to provide valuable solutions to our customers. ”

Rajshekhar Roy, CEO of Four Soft, added: “FFIFA will kick start much needed collaboration and defining common industry standards, resulting in lowering the communication costs among various players and using IT as a tool of competitive advantage. Four Soft has established market leadership position in the 3PL and the transportation segments and this association will provide a great opportunity to work with industry leaders which enables us to better serve our customer base with enterprise-class software solutions”