Tejari launches consulting services

In order for organizations to capitalize on this efficiency-boosting opportunity, Tejari is launching a consulting service, the benefits of which was outlined at an executive seminar held by Tejari in Dubai on May 29.

"Since launching in June 2000, Tejari has developed considerable expertise in how our online buyers actually locate suppliers, structure their trading agreements, and move procurement online. This firsthand experience, as well as the industry insight delivered by staff members with procurement experience in the banking, energy, government, and other key sectors, has qualified Tejari to advise our trading partners on how to develop an optimum sourcing strategy," said Saqib Iqbal, Chief Operating Officer for Tejari.

"Tejari's first-ever consulting seminar will highlight for attendees exactly where their organizations sit on the timeline to building a cost-effective, centrally managed and automated procurement strategy, and how they can achieve the performance and supplier relationships that will most benefit their respective bottom lines," added Iqbal.

Among the topics presented by Tejari Consulting are:

• Whether regional organizations have developed sourcing strategies that guide their procurement process, ensuring that they can identify, evaluate, and negotiate with the optimal group of suppliers;

• How to streamline procurement processes to eliminate both paper-based administration and maverick spending; and

• Creating a complete picture of who is spending how much, for what, and when - and measure both internal performance and that of suppliers.

Recently, Dubai's Department of Health and Medical Services claimed it has achieved significant cost reductions, and increased the efficiency by 40%, since becoming the first government department to switch to Tejari's online procurement service. The upcoming Tejari consulting seminar will highlight similar success stories from its trading partners to demonstrate firsthand how efficiency and cost-savings can be achieved by other buyers via the online marketplace.