RETURNS IN 6-12 MONTHS WITH IFS SOLUTIONS
Company says operators can get return on investment within six to 12 months
AYISY YUSOF KUALA LUMPUR ayisy@nst.com.my
BUSINESS solution provider, IFS Solutions Malaysia Sdn Bhd, believes ports and terminals operators would get return on investment within six to 12 months by utilising its software technology in operations.
“We focus on industries such as aviation, construction and utility, and the ports and terminals business, where we can provide a solution that addresses the needs to maintain assets and make sure (their) operational status is efficient,” said IFS Southeast Asia vice-president Sridharan Arumugam recently.
He said the ports and terminals sector was huge in Malaysia, registering doubledigit growth of at least 10 per cent yearon-year for the past couple of years.
He said ports had to be very efficient with the right infrastructure to operate or handle such growth.
He said assets needed to be taken care of and handled well in order to ensure they were operating efficiently and in good condition.
“Assets in ports like trucks, cranes and movers are vital for the proper operation of ports. If the assets are down, they can’t handle cargo.
“Our system helps the operators and port owners to manage their assets with a proper asset management function.”
Sridharan said IFS application came with asset management solutions, providing information about the assets. .
“Everything is captured in the system. IFS also comes out with the Internet of things gateway, where all the assets come with sensors that trigger information in the IFS system.
“If something goes wrong with the assets, with the IOT connector, it sends signals to the IFS system, and it will alert the engineers before the asset breakdown. Hence, they can do preventive actions.
“The IFS system provides a complete end-to-end solution from financial to asset management. This is a very configurable system, depending on the needs and size of an organisation,” he said.
Sridharan said the management solutions programme included financial, supply chain management, enterprise asset management and human resource management to provide a complete solution for a port and terminal company.
“It is very important to have such programs or solutions as the implementation of the technology increases productivity, efficiency, transparency and, hence, it would reduce operational cost,” he said.