By investigating further the capability of integrating its back-end ERP system for purchasing with the online marketplace, in order to streamline the process of sending request for quotations (RFQ's) to trading partners, it was announced today.
"An open, competitive and efficient online trading marketplace like Tejari has been an ideal platform for us in our endeavour to widen our exposure beyond the Middle East, and interact with both local and global traders. As the regional business environment becomes more competitive, utilizing Tejari as the online procurement component of our business strategy enables us to continue maximizing efficiencies, reducing paperwork and slashing procurement costs," said Abdurrahman Al-Haj Eid, director of procurement, logistics and warehousing, Juma Al Majid Group.
"The Juma Al Majid Group's decision to continually reinforce its relationship with Tejari is a testament to our success in ensuring that members receive the best possible service and get the full benefits of online procurement, including reduced costs and increased efficiency in the supply chain," said Saqib Iqbal, Chief Operating Officer.
"Juma Al Majid's membership in the Tejari community during the last four years has presented a considerable opportunity for the company to forge new supplier relationships or enhance existing ones with this trading organization, while developing new markets for its range of products as well," he added.
Since first signing up with Tejari in 2001, Juma Al Majid has centralized procurement of goods and services for its business throughout the GCC while selling to Dubai Government departments and other strategic clients through Tejari's online market place, cataloguing hundreds of items on Tejari, including goods from the group's diverse motor vehicles, home appliances, office furniture, automation, electronics, mechanical equipments, manufacturing, contracting, and real estate business divisions.
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Juma Al Majid expands long-standing relationship with Tejari for further streamlining of procurement cycle
- United Arab Emirates: Saturday, June 04 - 2005 at 13:34
- PRESS RELEASE
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Juma Al Majid Group, one of the region's most diverse and respected trading organizations, is reinforcing its existing relationship with Tejari.
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Posted by Lara Lynn Golden, News EditorSaturday, June 04 - 2005 at 13:34 UAE local time (GMT+4)
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About Juma Al Majid Group
Born of one man's vision, enterprise and drive, the Juma Al Majid group of companies had a modest start in the year 1950. After the passage of half a century, Mr. Juma Al Majid, founder and chairman, still remains the guiding light and inspirational force behind the organization's phenomenal success.
His simple but highly effective philosophy of satisfying customers, small or big, through a mix of honesty, integrity and social awareness has become ingrained in all aspects of the business and is truly responsible for the group's unrivaled success.
During the early years, the organization was primarily involved in trading activities. As the Emirates forged themselves into a single nation, a pressing need was felt to diversify in to other areas of commercial activity to contribute to the fledging nation's economy. For this, heavy investment was undertaken in the core sector of construction which has in the long run benefited both the country as well as the group.
Juma Al Majid partnership ventures' operate in the fields of shipping, construction, food-Imports, general trading, travel and other industries. The group is also active in financial investments and portfolio management across the region and globally.
With the growth of Dubai as the commercial hub of the region, the group has emerged a strong leader in all fields of its endeavor and is poised for even greater challenges and achievements that await it in the future.
About Tejari
Tejari is the Middle East's premier online business-to-business marketplace. Tejari enables buyers and sellers to transact and share information about a variety of goods and services via a secured Internet environment. Tejari 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 participants' real-time access to new markets and greater cost savings.
WMC FZ - LLC
P.O. Box 502281
Dubai, United Arab Emirates
Tel: +971 4 390 1950
Fax: +971 4 367 2801
Born of one man's vision, enterprise and drive, the Juma Al Majid group of companies had a modest start in the year 1950. After the passage of half a century, Mr. Juma Al Majid, founder and chairman, still remains the guiding light and inspirational force behind the organization's phenomenal success.
His simple but highly effective philosophy of satisfying customers, small or big, through a mix of honesty, integrity and social awareness has become ingrained in all aspects of the business and is truly responsible for the group's unrivaled success.
During the early years, the organization was primarily involved in trading activities. As the Emirates forged themselves into a single nation, a pressing need was felt to diversify in to other areas of commercial activity to contribute to the fledging nation's economy. For this, heavy investment was undertaken in the core sector of construction which has in the long run benefited both the country as well as the group.
Juma Al Majid partnership ventures' operate in the fields of shipping, construction, food-Imports, general trading, travel and other industries. The group is also active in financial investments and portfolio management across the region and globally.
With the growth of Dubai as the commercial hub of the region, the group has emerged a strong leader in all fields of its endeavor and is poised for even greater challenges and achievements that await it in the future.
About Tejari
Tejari is the Middle East's premier online business-to-business marketplace. Tejari enables buyers and sellers to transact and share information about a variety of goods and services via a secured Internet environment. Tejari 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 participants' real-time access to new markets and greater cost savings.
WMC FZ - LLC
P.O. Box 502281
Dubai, United Arab Emirates
Tel: +971 4 390 1950
Fax: +971 4 367 2801
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