Categories
Uncategorized

Expo 2020 Dubai drives long-term business growth in region and beyond: SAP – Khaleej Times

Wednesday, Dec 01, 2021 | Rabi Al-Aakhir 26, 1443
Published: Sun 18 Jul 2021, 2:21 PM
The UAE government-led diversified economic growth initiatives such as the UAE Vision 2021 and UAE Vision 2071 are bold visions for digitally transforming the country’s economy, society, and environment, said Claudio Muruzabal, SAP President for Southern Europe, Middle East, and Africa
The SAP Ariba deployment is aligned with government-led digital transformation, along with the goals of economic growth, job creation, and environmental sustainability. Supporting UAE and regional suppliers, Expo 2020 and SAP have run a series of onboarding summits for Expo’s valued supply chain network.
Expo 2020 Dubai is using SAP Ariba solutions to digitise and automate procurement for more than 25,000 of its local and global suppliers who have already transacted more than Dh1 billion in spending on the platform.
“By digitising its procurement, Expo 2020 Dubai is highlighting its commitment to driving long-term business growth in the region and beyond. SMEs will play a major role in supplying Expo, especially as the event’s procurement needs shift from construction to interior fit-outs, facilities management, and technology services,” added Muruzabal.
“Through this collaborative and mobile-friendly platform, registered suppliers can participate in sourcing events, negotiate and sign contracts, as well as submit invoices and track payments in real-time. Expo and SAP will continue to provide ongoing one-on-one support, including a dedicated helpdesk to guide suppliers throughout the evolution to digital transactions and processes.”
The SAP Ariba procurement solutions are running on the SAP UAE public cloud data centre, and connect to Ariba Network enabling buyers and suppliers to connect and transact. By running on the cloud, Expo 2020 Dubai can also gain scalability, flexibility, and data security as the event rolls out.
“Expo wanted to fully digitise and automate the procure-to-pay lifecycle – providing a streamlined digital experience for Expo 2020’s suppliers while enhancing transparency and efficiency across the event’s global supply chain,” concluded Muruzabal.
[email protected]
Be in the know. Get the latest breaking news delivered straight to your inbox.
Business
The launch of the centre in 2024 is a part of the Abu Dhabi Investment Office’s (Adio) programme to attract investment that drives innovation
Business2 days ago
Business
What is happening now is that as Covid-19 cases continue to decline, residents are regaining confidence in in-store shopping. This is according to a Kearney study in which UAE respondents cite convenience (51 per cent), enhanced shopping experience (49 per cent) and competitive pricing (44 per cent) as the main motivators driving them back to brick and mortar stores
Business2 days ago
Business
Over the past 14 years, starting 2007, the Nifty 50 Index has offered stellar returns of 253 per cent.
Business3 days ago
Business
Auditors are required by the standards to be more mindful of exercising professional skepticism in the conduct of the audit, which should contribute to raising the quality of the deliverables.
Business3 days ago
Business
Balgobin’s clients include royals, elite businessmen, and tech entrepreneurs who saw Mauritius as the next family holiday hotspot.
Business3 days ago
Business
Investors flee riskier assets, move towards safe-haven assets like the US dollar
Business3 days ago
Business
24K rates could rise to Dh223 per gram
Business3 days ago
Business
GM to launch in-car safety and security service OnStar in UAE, bring 13 new EV models to Middle East by 2025, supply 4,000 self-driving vehicles to RTA from 2023; G42’s Dr Boulbaba Ben Amor highlights transformative potential of AI across sectors and Mubadala’s Fathi Finaish discusses unpredictability of future workplaces
Business3 days ago

source

Leave a Reply

Your email address will not be published.