Page 39 - Moglix PR Report - April 2024
P. 39

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, by facilitating all-around supply
               chain visibility and tracking for larger players, while optimising customer support and

               efficiency for smaller businesses.






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