Brian Mulligan
Kempton Park (ZAF)
Role(s):
Other
Freight Fusion Systems (Pty) Ltd.
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Startup
Location:
Kempton Park
Industry:
Technology/Web
Year Founded:
2003
Number Employees:
1-10 people
C-Level Executive (CEO, CFO, etc.)
Freight Fusion Systems (Pty) Ltd.
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Service Provider
Location:
Kempton Park
Description:
Freight Fusion Systems (Pty) Ltd., hereafter referred to as FFS was established on the 30th June 2003. The company has officially started to trade as of 1st September 2004.
FFS management has a vast experience gained from their occupation within the freight industry over many years.
FFS has developed and supply various products to the freight and allied industry and are busy with:
1) Combining their software to run of one Microsoft platform on the Internet. Depending on the configuration the system will be marketed as either Hubble – aimed at the Retail market for XML interfaces with clients existing systems or Nucleus - aimed at the Transport sector.
2) A Java based “Cosmic” system which is their flagship to be. “Cosmic” has taken Customs Modernisation principals into account and it is developed to meet world trends in respect of the secure supply chain requirements of government institutions and its customers.
Income is currently derived from providing software services and development thereof to existing clients. To expand FFS income into the future FFS will sell their software and services to their target markets mentioned above as well as Clearing and Forwarding agents.
FFS are through this plan set to provide their leading edge technology, integrated solutions and XML data interchange services to the target markets already mentioned. FFS is focused on applying its strengths to the advantage of its key customers, in satisfying their underlying requirements.
FFS recognises that SARS modernisation enables importers and exporters to be self-sufficient and their software is ideal to meet this need. FFS provides their software at affordable prices and provide support service to exporters and importers who are in need of technical data, e.g. Customs tariff classifications of products, or advice on Customs rules or regulations.
FFS are "From the industry for the industry". Existing software vendors do not have the hands on background and experience of the freight industry which is vested in FFS. This gives FFS the edge in the development of software which is focused at meeting the needs of the end user while at the same time making sure that management and statutory requirements are met. FFS plan with their experience and innovation to continually grow their business to capture a percentage of the market. The potential is to acquire an income of R7 million plus per annum within the next five years.
FFS management recognize the importance to strictly manage their company cash flow, especially while in a growth phase. This business plan leads the way. It renews our vision and strategic focus. It also provides the step-by-step plan for improving our sales, gross margin, and profitability.
NB! In an independent survey it was established that 65% of the clearing and forwarding market is dissatisfied with the software they are currently using. We therefore estimate that our market share potential is R70 million plus. We plan to capture a large percentage of this market within the next five years.
Services Provided:
- IT System Development