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        Business Press Releases      

Tejari.com Launches Supply Chain Functionality for Members of its B2B Marketplace

Gulf Agency Company is First Logistics Expert to Join Tejari.com and Utilize New Feature

Dubai, United Arab Emirates

 Tejari.com, the Middle Eastís premier business-to-business marketplace, today announced the availability of a new feature, Supply Chain Exchange, which enables Tejariís members to collaborate more efficiently and better manage supply and demand.  The new functionality provides Tejariís members with an up-to-the-minute view of inventory, as well as multi-enterprise order tracking.

 The Supply Chain Exchange was developed on an open architecture platform based on industry standards, enabling easy integration for companies that currently use different procurement planning systems, including enterprise resource planning (ERP) solutions, e-mail, EDI, or even spreadsheets.

 ďThe new Supply Chain Exchange functionality is part of the continuous enhancement of Tejari as both an auction and transaction-based marketplace as well as a truly collaborative Internet business model.  This advanced feature will benefit Tejariís members by reducing inventory levels for both suppliers and buyers, while providing all members with a more efficient communication and collaboration tool,Ē commented Lubna Al Qasimi, Managing Director of Tejari.com.

 In addition to better inventory management, Tejariís members will receive a number of advantages from the added Supply Chain Exchange feature.  They include an increased ability to follow customer demand, decreased order-to-delivery cycle times, and faster material and information flow through the supply chain.

 
Gulf Agency Company, one of Tejariís newest members and among the first supply chain management and logistics companies to join the marketplace, will also be one of the first to utilize the new functionality.  Based in Jebel Ali Free Zone, GAC manages storage and distribution for multinational clients including Unilever, Johnson & Johnson and Nestle. 

 GAC plans to expand its market reach by offering online sea and airfreight tracking to Tejariís buyers and sellers, in addition to its distribution, bunker and lubricant services.  The company will also utilize Tejari to streamline procurement activities for its offices in the regions of Africa, East Mediterranean, Middle East, Indian Subcontinent and East Asia.

Per Zachrisson, GACís Managing Director, signed the agreement with Tejari.com.  He commented, ďLogistics and supply chain management are two fundamental components of any online marketplace.  GAC and Tejari have tremendous synergy, and we are delighted to be coming online with the new Supply Chain Exchange functionality, which will enable GAC to collaborate more efficiently with our business partners.Ē

ďGAC also plans to utilize Tejari to further expand our Internet business strategy across our shipping, distribution and marine contracting divisions.  We anticipate that Tejari membership will enable GAC to decrease our internal procurement costs while entering new markets instantaneously,Ē he added.

 Buying and selling online through Tejari will complement GACís existing online strategy, which includes initiatives such as the MyGAC portal and provision of ship supply services over the Internet.  Currently GAC enables its clients in the Middle East to track sea and airfreight and access its logistics and distribution services through the Internet.

 ďGAC brings a vital component to Tejariís marketplace with its logistics and shipping expertise,Ē continued Al Qasimi.  ďWe welcome GACís knowledge of international distribution to Tejariís online community of buyers and sellers, especially as their signing up corresponds perfectly with Tejariís new Supply Chain Exchange feature,Ē she concluded.

 -ENDS Ė 

About GAC

 Gulf Agency Company is the biggest independent shipping agent in the world, with offices in Africa, East Mediterranean, Middle East, Indian Subcontinent and East Asia. In addition to agency, a number of special services have been created to assist international ship owners and operators in their work, such as ships' supply services in the Middle East and Sri Lanka, Suez Canal transit service, ship-to-ship transfer, and bunker supply.

 About Tejari.com

 Tejari.com is the Middle Eastís premier online business-to-business marketplace.  Tejari.com enables buyers and sellers to transact and share information about a variety of goods and services via the Internet.  Tejari.com provides a single point of contact for an open and growing community of buyers and suppliers, permitting spot-purchasing and on-line auctions that enable participantsí real-time access to new markets and greater cost savings.  Visit Tejari at http://www.tejari.com

 

Photo caption:  From left, Per Zachrisson, GACís Managing Director, signs the agreement with Tejari.comís Jan Bak.

For further information, please contact:

 Wallis Marketing Consultants

T: (971-4) 332-3225

F: (971-4) 332-3228

E-mail: wallismc@emirates.net.ae

Attn: Eileen Wallis, Rawia G. Asali

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