Rangs selects IFS Applications 9 to drive retail business efficiency

IFS, the global enterprise applications company, recently announced that Rangs Industries Ltd (RIL), the leading consumer electronics company in Bangladesh, has signed a contract to implement IFS Applications 9 to manage finance, supply chain, and retail operations.

IFS Applications will empower Rangs Industries Limited (RIL) to efficiently manage its retail division, which is a key component of the conglomerate’s business. The IFS solution will provide Rangs Industries Ltd with the ability of seamlessly integrating all aspects of the company’s retail operation and retail network. Following a competitive tender process, Rangs Industries Ltd decided to invest in a complete ERP solution from IFS to support its aggressive business expansion plans and meet customer demand.

“We are impressed with the capabilities of IFS Applications and the company’s track record of successful implementations. This, together with the professionalism and commitment demonstrated by the IFS team, gave us the confidence to select IFS Applications as the most fitting solution to achieve our objectives,” said Rangs Industries Ltd CEO Rubaiyat Jamil. “We look forward to a rapid implementation and a long and fruitful collaboration with IFS.”

IFS Bangladesh Country Director Asanga Marasinghe added: “It is with pleasure that we embark on this implementation project together with Rangs Industries Ltd (RIL). We are confident that IFS’s technology and people will bring about great improvements in efficiency, as well as greater visibility and integrity throughout the company’s operations. IFS understands very well the business challenges associated with such a large-scale implementation and we look forward to leveraging our long experience and local presence to deliver an outstanding solution that will meet the high standards of RIL.”