Page 33 - Moglix PR Report - April 2024

Moglix accelerates supply chain growth in Middle East with advanced B2B eCommerce and procurement solutions
Moglix accelerates supply chain growth in Middle

East with advanced B2B eCommerce and

procurement solu ons

Moglix accelerates supply chain growth in Middle East with advanced B2B eCommerce and procurement
solu ons

B2B eCommerce market in the MENA region is forecasted to reach USD 2,293 billion by 2030
Moglix’s end-to-end procurement solu ons, with the largest E-catalogue in the UAE and a growing
network of physical warehouses, are strategically posi oned to meet the evolving procurement needs in
the region
Moglix aims to further cement its posi on in the UAE market to capitalize on the projected surge in the
country’s eCommerce sector.

Dubai, April 18, 2024:

Moglix, a global leader in the B2B eCommerce and procurement sector, is spearheading digital
transforma on in the Middle East and GCC region by accelera ng procurement and supply chain efficiency
through its tech-first approach. Moglix’s offerings drive efficiency in procurement management, as well as
enabling cost reduc on and seamless supply chain opera ons for the manufacturing sector.

In line with its steadfast commitment to delivering unparalleled customer sa sfac on, Moglix’s
comprehensive innova ve solu ons of over 40 product categories are tailored to meet the evolving needs of
businesses amidst the rapid expansion of the B2B eCommerce and procurement sector in the UAE.

Projec ons indicate significant growth in the B2B eCommerce market, with the MENA region expected to
reach USD 2,293 billion by 2030. Addi onally, the UAE’s eCommerce market is set to surge from USD 5.5
billion in 2024 to an astonishing USD 8 billion by 2026, making it an incredibly lucra ve market for Moglix to
further expand its opera ons and establish a strong presence. By leveraging innova ve solu ons that
op mise scalability for cost-effec veness, the company integrates technology, infrastructure, and local
teams to deliver enhanced value while raising awareness about the advantages of technology in
procurement.

Piyush Malviya, Vice President and Head of MEA at Moglix said: “Since early 2020, the Great Supply Chain
Disrup on has reinforced the need for enhanced visibility, and at Moglix, our end-to-end procurement
solu on, featuring an intui ve e-catalog based buying model, robust data management, and advanced
analy cs empowers businesses to proac vely tackle disrup ons from natural disasters or geopoli cal
challenges. Our customised digital solu ons op mize efficiencies across diverse industrial segments, from
manufacturing to hospitality, suppor ng infrastructural development for the GCC region”

With its expansive network of 40 warehouses globally, Moglix recognises the cri cal role of physical
infrastructure and efficient supply chain management in catalysing last-mile opera ons. Through its e-ups
with leading logis cs firms from around the globe, the company strives to enhance customer experiences,
by facilita ng all-around supply chain visibility and tracking for larger players, while op mising customer
support and efficiency for smaller businesses.

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