DP World has signed a five-year extended agreement with leading strategic procurement company BravoSolution \/ Tejari.
\nThe deal was made following the existing five year relationship where Tejari supported DP World\u2019s supplier relationship, tendering and contract management processes into a seamless, integrated online platform that can be accessed both locally and globally. <\/p>\n
As a leading global trade enabler DP World recognized that innovative procurement technologies such as strategic procurement would allow it to stay at the forefront of the industry. It required a more streamlined and connected solution that reduces procurement time and costs across continents whilst offering transparency across the entire procurement process.
\nThe new, five-year \u2018Global Framework Agreement\u2019 outlines the expansion and adoption of the BravoAdvantage solution beyond the initial use across DP World globally. Additionally, the solution will be leveraged for strategic decision making and management information allowing visibility, control and governance worldwide.<\/p>\n
Tejari currently provides DP World with a procurement consultancy, the highest levels of data security and the roll out of BravoAdvantage Spend, Supplier Value Management (SVM), Sourcing and Contract Lifecycle Management (CLM) capabilities that have together transformed operations.
\n\u201cWe are delighted to be continuing to strengthen our journey with DP World to streamline their procurement operations and aid the company\u2019s strategic decision making in meeting their future goals. As procurement practitioners, the length of the extended contract is a testament to the value-add, hands-on knowledge and expertise our team provides DP World,\u201d said Dan Quinn, Senior Vice President at BravoSolution MENA \/ Tejari. \u201cTo date, we have been able to standardize their procurement approach and empower buyers to make intelligent and informed decisions, as well as increasing global spend under management.\u201d<\/p>\n
Iqbal Khoory, SVP Global Procurement at DP World added: \u201cThrough the implementation of Tejari\u2019s web-based platform, we have been able to manage supplier risk better than ever before. At the same time, we have been able to improve online negotiation tactics that deliver savings in a transparent, fair and equitable manner. We are pleased to be extending our partnership and we are looking forward to further streamline processes with our suppliers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
DP World has signed a five-year extended agreement with leading strategic procurement company BravoSolution \/ Tejari. The deal was made following the existing five year relationship where Tejari supported DP World\u2019s supplier relationship, tendering and contract management processes into a seamless, integrated online platform that can be accessed both locally and globally. As a leading […]<\/p>\n","protected":false},"author":18,"featured_media":15708,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3032,6,809,633],"tags":[3034,3035,3033],"class_list":["post-15707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-verticals","category-insights","category-more-news","category-trade-logistics","tag-dp-world","tag-global-framework-agreement","tag-procurement"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/15707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/comments?post=15707"}],"version-history":[{"count":0,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/15707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media\/15708"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media?parent=15707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/categories?post=15707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/tags?post=15707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}