Page 36 - Moglix PR Report - April 2024

• Moglix’s end-to-end procurement solutions, with the largest E-catalogue in the
UAE and a growing network of physical warehouses, are strategically positioned
to meet the evolving procurement needs in the region
• Moglix aims to further cement its position 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 transformation in the Middle East and GCC region by
accelerating procurement and supply chain efficiency through its tech-first
approach. Moglix’s offerings drive efficiency in procurement management, as
well as enabling cost reduction and seamless supply chain operations for the
manufacturing sector.

In line with its steadfast commitment to delivering unparalleled customer
satisfaction, Moglix’s comprehensive innovative solutions 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.

Projections indicate significant growth in the B2B eCommerce market, with the
MENA region expected to reach USD 2,293 billion by 2030. Additionally,
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 lucrative market for
Moglix to further expand its operations and establish a strong presence. By
leveraging innovative solutions that optimise scalability for cost-effectiveness,
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 Disruption has reinforced the need for enhanced
visibility, and at Moglix, our end-to-end procurement solution, featuring an
intuitive e-catalog based buying model, robust data management, and advanced
analytics empowers businesses to proactively tackle disruptions from natural
disasters or geopolitical challenges. Our customised digital solutions optimize
efficiencies across diverse industrial segments, from manufacturing to
hospitality, supporting infrastructural development for the GCC region”

With its expansive network of 40 warehouses globally, Moglix recognises the
critical role of physical infrastructure and efficient supply chain management in
catalysing last-mile operations. Through its tie-ups with leading logistics firms
from around the globe, the company strives to enhance customer experiences,

https://in.tradingview.com/news/reuters.com,2024-04-18:newsml_Zaw9HTZvK:0-pressr-moglix-
accelerates-supply-chain-growth-in-middle-east-with-advanced-b2b-ecommerce-and-procurement-
solutions/