IFS strikes deal with Pakistan's Millat Tractors

Making greater strides in South Asia, IFS, providers of component-based business software, was selected by Millat Tractors Limited of Pakistan to connect its dealer network to the company's main system.

Millat, one of the largest public companies in Pakistan manufactures Massey Ferguson tractors with over 50% of the market share and utilizes IFS Applications in their operations.

This new investment will enable the entire business process from the manufacture of tractors to the distribution of the vehicles to the end purchaser, into one seamlessly integrated application.

The use of IFS 'application would now optimize each dealer's ordering procedure and increase efficiency from the inception stages such as forecasting to maintaining the right stocks levels. Further the dealers will get to order online, which in turn will be received by the Accounts Receivable at Millat. The solution to dealers would be web based and each dealer would be connected on line for greater convenience.

The online order would go through many steps such as approvals, stock availability checks, stock transfer or invoicing, and delivery notes with greater efficiency and effectiveness. Millat realized the need for efficient ordering system to cut down blocked capital among its dealers while being competitive in the market by supplying the ever increase in demand for tractors in the country. Being one of the giant public companies in Pakistan, Millat led the way by investing into a dealer management system, automating the next level stake holders, while many others still are coming to terms with stream lining their own operations.

IFS Vice President for South Asia Jayantha de Silva explained that success for a business in a country as large as Pakistan depends on the distribution network, and that Millat is moving in the right direction by choosing IFS to empower their dealers.

He added that by choosing a Dealer Management System for their distribution channels, Millat has obtained an advantage over other manufacturers enabling a smooth and convenient operation.