New solutions will provide complete integrated management of supply chain, including online procurement, to Hospitality & Food Service Establishments
Dubai, UAE: Tejari, the region's leading online marketplace, has signed an agreement with GoldenB2B Hospitality FZ LLC, the leading provider of Supply Chain Management and POS Solutions to jointly develop advanced products and services for the Hospitality and Food Service sector.
Under the agreement, Tejari will combine its expertise in online procurement with GoldenB2B's Supply Chain Management and Point of Sale (POS) solutions, to develop a complete procurement offering which will help to make end-to-end procurement, costing and stock management processes more effective and more efficient.
"Procurement plays a critical role in the hospitality sector, and because 70% of hospitality procurement is for F&B, with relatively few suppliers but a lot of purchase orders, it is a very time and effort consuming process. Golden B2B Hospitality FZ LLC already has a large installed base of customers using its supply chain management and POS solutions, so we believe that by joining this up to Tejari's marketplace capabilities, we can offer a complete end-to-end procurement solution that will greatly improve procurement processes for hotels and restaurants," said Omar Hijazi, CEO of Tejari.
GoldenB2B Hospitality FZ LLC has grown rapidly to become the leader in automation solutions for the hospitality and food services sector, and its current customer base in the Middle East, Europe and Asia includes InterContinental, Rotana, Madinat Jumeirah, Radisson, Movenpick, Swissotels, Maris, Yes, Bavaria, Monarch, Millennium and more recently Starwood. Tejari also counts a number of hospitality companies among its members, who are using Tejari for pre-opening procurement, for FFE and OFE, and for normal day-to-day operating procurement.
"GoldenB2B's existing portfolio of solutions already helps a large number of well-known hospitality and food service organizations to better manage their internal processes. However by linking up with Tejari to create a complete purchasing solution, we are confident that we will be able to deliver even more effective solutions and considerable cost savings to customers while significantly speeding up their purchasing and related processes," said Dimitris Kontinopoulos, CEO of GoldenB2B Hospitality FZ LLC.
GoldenB2B and Tejari will be exhibiting together at The Hotel Show, which is being held at the Dubai International Exhibition Center, from 3rd-5th of June 2007.
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About TejariTejari is the Middle East's premier online business-to-business marketplace. Tejari enables buyers and sellers to transact and share information about a variety of goods and services via a secured Internet environment. Tejari provides a single point of contact for an open and growing community of buyers and suppliers, permitting spot-purchasing and on-line auctions that enable participants' real-time access to new markets and greater cost savings. Visit Tejari at http://www.tejari.com
About GoldenB2B Hospitality FZ LLC
GoldenB2B Hospitality FZ LLC (GB2B) is a Business-To-Business Hospitality Organization with headquarters in Dubai, UAE providing Advanced Technology Solutions & Services to the Hospitality Industry and its related sectors like Food Service, Catering, Entertainment, etc.
GB2B is focusing mainly in the areas of Supply Chain Management and integrated POS Solutions and it was catapulted in record time in the leading position in its category throughout the entire Middle East.
While the Company is strengthening further its Leadership Position in the Middle East it is also engaged in expanding to other Areas like Asia/Pacific, Europe, Russia, South Africa, etc.
Its Customers include esteemed International, Regional or Domestic Hospitality Organizations like InterContinental, Rotana, Madinat Jumeirah, Radisson, Movenpick, Swissotels, Maris, Yes, Bavaria, Monarch, Millennium and more recently Starwood.
For more information, please contact
Tejari
Abdulla Salman
Director of Marketing
Tejari
Tel: +971 4 391 3777
e-mail: abdulla.salman@tejari.com
For more information, please contact
GoldenB2B Hospitality FZ LLC
Garry Lowe
Director of Business & Product Development
Tel: +971 4 391 3534
e-mail: info@goldenb2b.com
© Press Release 2007
