GIBCA joins Tejari

Sharjah-based GIBCA Group is looking to consolidate its procurement process and gain access to a larger network of buyers by signing up with Dubai-based B2B marketplace Tejari.com.

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By  Vijaya Cherian Published  July 20, 2003

Sharjah-based GIBCA Group is looking to consolidate its procurement process and gain access to a larger network of buyers by signing up with Dubai-based B2B marketplace Tejari.com. The partnership will enable the trading & industrial group to pool its buying resources for increased procurement efficiencies while also enabling it to sell its own goods through the marketplace.

“Partnering with Tejari fits with our aim to provide clients with a wide selection of products, in the shortest delivery time, and at the most competitive rates,” says Sheikh Mohammed bin Faisal Al Qasimi, group director, GIBCA. “I am confident that joining Tejari will automate our internal processes, and help to consolidate the buying process across our different companies,” he says.

While GIBCA will use Tejari to procure a range of products such as building materials for its manufacturing businesses, IT equipment and office stationery, it will also sell goods ranging from aluminium and air conditioners to lighting and furniture at the marketplace. “Many of our suppliers are already Tejari members. This will help us to streamline our buying processes, while receiving competitive offerings from a different range of companies. The increased transparency enabled by online procurement will greatly benefit GIBCA,” says Sheikh Mohammed Al-Qasimi.

GIBCA’s move to join Tejari is part of the company’s ongoing initiative to centralise many of its business and IT processes so as to reduce operational costs and administrative resources. As part of the first phase, GIBCA plans to link its online catalogue of furniture offerings with Tejari so as to facilitate easier trading with suppliers and customers.

“With its intention to utilise the Tejari marketplace as both a buyer and supplier, GIBCA has doubled its opportunities to benefit from online trading. The group will instantly reach new markets for its vast range of products and services, while participating in online auctions and tenders to find the most competitive offerings for its own procurement needs. GIBCA has created a win-win business case through its Tejari membership,” says Saqib Iqbal, chief operating officer, Tejari.

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