PROCUREMENT NEWS

United Arab Emirates : Economic Zones World launches e procurement platform in association with TEJARI

Published 17 Nov 2015

Dubai's flagship trade logistics and industrial hub operator, Economic Zones World (EZW) has launched an e-procurement platform in association with procurement company Tejari which is in efforts to streamline its eProcurement eTendering and Vendor Management processes by implementing the EZW 'BuyWorld' application.

Adel Bin Turkeya Chief Resources Officer said, "EZW has always focused on maintaining transparency and optimising resources and by adopting BuyWorld we are ensuring that procurement and tendering processes are transparent to its maximum. I'm confident that the quick processes the system offers will aid in enhanced time management of our procurement team and also help cost management through efficient procurement practices."

Commenting on the partnership Richard Hogg CEO of Tejari said, "Tejari is proud to support Economic Zones World by offering our best technology fully supported by our comprehensive professional services. Procurement has become a critical driver for global competitiveness and organisations such as EZW are able to modernise and boost procurement performance by leveraging innovative web-based technologies."

Also, BuyWorld is to reduce costs for a leveraged spend by around 10 to 15 percent while savings can also be maximised across value and volume transactions.

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