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      Press Releases

      11 Jul 2018

      HAECO ITM Deploys Ramco Aviation Suite in its Operations

      Christopher Gibbs, HAECO’s Group Director of Components & Engine Services (front row, right) and Virender Aggarwal, CEO of Ramco Systems (front row, left) were pictured at the contract signing ceremony.

      HAECO ITM Limited (“HAECO ITM”), a member of the HAECO Group, announced today that it has selected Ramco Systems (“Ramco”) – provider of the Ramco Aviation Suite of software – to support the company’s IT operations.

      HAECO ITM will benefit from Ramco’s end-to-end solution by unifying various techno-commercial functions – covering Customer Contract Management, Supply Chain Management, Inventory Management, Financial Management, and Component Engineering including Reliability Management – on a single platform equipped with advanced supply chain planning and optimisation. Ramco Aviation Suite will integrate with HAECO’s existing business systems, while the partnership will also enable HAECO ITM to interface with customers and suppliers through Aeroxchange. Aeroxchange is the only electronic business network that supports all MRO business processes within the aviation industry for buyers and sellers.

      Christopher Gibbs, HAECO’s Group Director of Components & Engine Services, said: “We are very pleased to reach this agreement with Ramco. With the implementation of this new IT system, we are able to support HAECO ITM’s day-to-day operations with integrated, reliable and scalable end-to-end solutions to better serve our customers. We look forward to a strong partnership with Ramco to deliver exceptional value to our customers for a sustainable future.”

      Virender Aggarwal, CEO of Ramco Systems, said: “Winning the enterprise applications mandate from a leading global MRO has proven once again that our Aviation Suite has best-in-class functionality and user-friendly features. We believe that this strategic partnership with HAECO will go a long way in supporting its growing global business and also positioning us as one of the most comprehensive aviation software providers on cloud and mobile.”

      -End-

      About HAECO ITM Limited (“HAECO ITM”)
      A joint venture formed in Hong Kong between HAECO and Cathay Pacific Airways in 2012, HAECO ITM provides services ranging from flexible inventory pooling options, Power-by-the-Hour support services and repair management to ad-hoc loans, exchanges and world-wide AOG support. With extensive component engineering and airline operating experience and strong in-house repair capabilities, HAECO ITM offers customised, innovative and cost-effective component management solutions with guaranteed service levels and high-quality component maintenance to ensure customer fleet performance and technical dispatch reliability.

      About Ramco Systems (“Ramco”)
      Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On the Innovation front, Ramco is focused on moving towards Cognitive and Robotic ERP with features such as Talk It – allowing transactions to be carried out by simple voice commands; Bot It – allowing users to complete transactions using natural conversations; Mail It – transacting with an application simply by sending an email; HUB It – a one-screen-does-it-all concept built to address all the activities of a user; Thumb It – a mobile solution whereby the system presents the user with options to choose from rather than requiring typed values; and Prompt It – using past data to auto-complete transactions and prompt the user for approval.