Launches Supply Chain Functionality for Members of its B2B Marketplace
Agency Company is First Logistics Expert to Join Tejari.com and
Utilize New Feature
United Arab Emirates
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
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
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
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
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
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.
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.
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.
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.
is the Middle Eastís premier online business-to-business
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
From left, Per Zachrisson, GACís Managing Director, signs the
agreement with Tejari.comís Jan Bak.
further information, please contact:
Eileen Wallis, Rawia G. Asali