Moglix – Reimaging manufacturing infrastructure in the UAE
Moglix – Reimaging manufacturing infrastructure in the UAE
UAE lies at the crossroads of the manufacturing supply chain routes that crisscross across the world. Technology penetration in the Middle East region has already attained a threshold level which is visible from the success of B2C e-commerce. So, technology adoption is not a challenge. Rather the challenges we have been resolving in the Middle East are those related to limited product assortment of suppliers, costs of distribution, warehousing, and logistics, and enabling manufacturers realize their mandate for creating end-customer value.
Since launching in the UAE, we have channeled existing partnerships to secure symbiotic collaborations across manufacturers, suppliers, distributors, specialists, and consultants. The B2B e-commerce platform, moglix.ae, provides a catalog of over 500,000 industrial products spanning 50+ categories. It provides insights on metrics like the expected time of arrival, lead time, and the turnaround time. Such data enables agility at scale in procurement decision-making frameworks for customers and suppliers. They ensure that end-to-end supply chains can withstand macroeconomic shocks and disruptions.
Silver bullet to mitigate Supply Chain Disruptions
Silver bullet to mitigate Supply Chain Disruptions
The manufacturing sector in the middle east, prior to the pandemic, relied on a highly fragmented supplier base, and with a few exceptions, it wasn’t standard practice to replace the many suppliers with a few or just one. A manual and relationship-led procurement and supplier management process meant limited adoption of digital tools such as ERP systems. COVID-19, though has been an epic tipping point for the intense digital transformation of the supply chain industry in the Middle East region.
According to market analysts Ventures Middle East, digital transformation initiatives in supply chain have become increasingly powerful and businesses that make use of it are expected to stay resilient. The Gulf Cooperation Council (GCC) countries are expected to continue to invest heavily in digital transformation solutions in supply chain as it tries to enhance its position as a hub for international commerce in a pandemic scenario as well.
Well-planned and well-implemented digital transformation offers the opportunity to leapfrog to a new, digitally-enabled future ahead of competition, crises, and most importantly, customer expectations.
Next for Digital Supply Chain Transformation: Connectivity, Convenience, and Analytics
The dramatic shift towards a digital supply chain has been all too evident post-pandemic, with a full realization that it not only makes them more competitive and resilient – there is also an economic upside.
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