We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Tue 12 Dec 2000 04:00 AM

Font Size

- Aa +

E-procurement partnership aims to move business buying online

A new partnership between Compaq, Oracle, solutions and services providers and the region's foremost B2B portal wants to introduce SMEs to e-procurement

Compaq has teamed with a number of leading e-business players to encourage small-to-medium sized enterprises to adopt e-procurement. The partnership is offering enterprises a complete package to enable electronic procurement to help businesses speed processes and cut costs. Hardware and software will be integrated with customers existing systems and linked through to B2B site Tejari.com, to provide access to over fifty business partners.

The aim of the partnership is to encourage e-procurement by providing businesses with affordable, stable solutions. Market research indicates that businesses can save up to 20% of procurement costs by moving to online procurement. Samer Karawi, alliance and global services marketing manager for Compaq MEMA says this can equate to a 300% return on investment within four months.

“Streamlining the procurement processes impacts directly on the bottom line of any business,” he said. “We have put together a package that is simple, quick, and uses the best companies to provide the best solutions to date. This is a unique offer that addresses the growing number of businesses in the Gulf region and particularly in the UAE, who need to implement an electronic procurement system for their e-businesses. It provides them with a solution that is robust, scalable, easy to use and implement yet cost-effective.”

The package consists of a Compaq Alpha Server DS20 running Oracle’s iProcurement software. GTS, the IT arm of ENOC, will provide consultation and integration services to deploy the solution, with Computer Network Systems (CNS) of the UAE carrying out the actual installation and configuration of the server. Compaq say that the package should be able to be implemented within two to three weeks, and should cost under $100,000.

Through access to Tejari.com, businesses can access local and global suppliers to fulfil their procurement needs. Tejari.com recently announced a deal with content management services company Cataloga to handle its electronic cataloguing requirements. Tejari already has over 35,000 items listed in its supplier catalogues.

“This initiative reflects our keen interest to enable businesses to implement innovative eProcurement and e-business solutions,” said Sheikha Lubna Al Qasimi, managing director of Tejari.com. “Participation in Tejari.com will allow those companies to gain immediate and reliable access to both global and local markets, improving their effectiveness and efficiency.”

Arabian Business: why we're going behind a paywall

For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.

Read next