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Wednesday, November 11 - 2009

Dubai Shopping Festival to streamline procurement with Tejari

  • United Arab Emirates: Thursday, October 20 - 2005 at 08:30
  • PRESS RELEASE

Executives from Dubai Shopping Festival today announced that the organization will utilize Tejari (www.tejari.com), the Middle East's online marketplace, to centralize and streamline its purchasing processes.

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  • Omar Hijazi, CEO of Tejari (second from left) pictured with Marwan Al Sarkal, DSF Director of Finance and Administration (second from right.)
    Omar Hijazi, CEO of Tejari (second from left) pictured with Marwan Al Sarkal, DSF Director of Finance and Administration (second from right.)
As part of an agreement signed during GITEX, Dubai Shopping Festival (DSF) and Dubai Summer Surprises (DSS) will widen its base of suppliers for both of the region's premier retail and entertainment initiatives.

"We are honoured to be a part of Tejari -- one of the pioneers in the online procurement sector, and a marketplace with a current membership that includes thousands of suppliers," said Marwan Al Sarkal, DSF Director of Finance and Administration. "Now in our eleventh successful year, it's the right time for the Dubai Shopping Festival and Dubai Summer Surprises to migrate toward online procurement. In terms of transparency and market reach, the benefits that we will receive from Tejari's free and fair trading platform are immense."

"It's one of DSF and DSS's main objectives to adopt an e-business strategy as per the vision of the Dubai Government and with the help of Tejari, we can achieve our goal. The signing of the agreement during GITEX highlights our focus on using technology for increased business benefit," continued Al Sarkal.

DSF and DSS are among the first Tejari buyers to opt for the new Tejari Expert services, a range of strategic procurement offerings that will include redesigning the group's procurement processes to align with its strategic objectives, assessing DSF's current vendors, and benchmarking their performance.

In addition to reaching new suppliers for its two major events, DSF executives anticipate that Tejari membership will enable them to consolidate purchasing for greater bulk buying. This leverage, combined with reduced paperwork and administration, will result in lowered procurement-related costs for the department.

"In order to enhance the success and longevity of events like DSF and DSS, the organizers not only have to create new sources of value and entertainment, they also need to reduce the costs of managing these initiatives. Streamlining the procurement and identifying new sources of goods and services are two key ways in which Tejari can help DSF and DSS remain the leading retail and tourism ventures in the region," said Omar Hijazi, CEO of Tejari.
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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. Visit Tejari at http://www.tejari.com

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