Page 44 - Savoye PR Report - May 2024
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within the warehouse are significantly being driven by the eCommerce
               fulfilment. Projections indicate that the Middle East’s warehouse automation
               market will grow at a compound annual growth rate (CAGR) of 17.5 per cent to
               reach USD 1.6 billion by 2025.


               Alain Kaddoum, Managing Director of Savoye Middle East, stated: “We are
               pleased to participate in the Seamless Middle East 2024, one of the biggest
               events that highlight latest innovations across various sectors, including
               eCommerce, retail, payments, and logistics. During the event, we seek to
               present our innovative solutions and technologies that will advance the growth
               of the logistics and supply chain industry.”


               He added: “The Middle East region has been actively investing in cutting-edge
               solutions to enhance operational efficiency and adaptability, recognising the
               importance of warehouse automation. Warehousing operations are crucial to
               the success of supply chain-based enterprises. Automation delivers several
               notable benefits, such as enhanced space utilisation, optimised inventory
               management, and reduced labour supply shortages and costs. Post pandemic,
               investments in warehouse robots have increased substantially, indicating a
               paradigm switch towards robust and flexible logistics infrastructure. By
               participating in this event, we aim to highlight the significance of AI and
               automation technologies in increasing the efficiency of logistics and supply
               chain operations.”


               Savoye has been serving the logistics and supply chain industry of the Middle
               East with its prowess in software, automation, solution design and integration as
               well as host of all-encompassing solutions. The company recently upgraded its
               ODATiO software to boost efficiency and productivity of the logistics and supply
               chain industry in the region. The recent upgrade incorporates an Order
               Management System, which elevates the overall experience for businesses and
               effectively meets customer needs and requirements.



               As a leader in the supply chain sector, Savoye is dedicated to pushing the
               boundaries of technological innovation. The company’s overarching goal is to
               provide innovative solutions that benefit the environment as well as the
               companies across the world in a sustainable way. At the Seamless Middle East
               2024, Savoye will interact with prospective clients, partners, and industry peers
               to promote cooperation, exchange knowledge, as well as shape the future of
               supply chain management and logistics in the region.


                                                         -ends-



               https://www.tradingview.com/news/reuters.com,2024-05-13:newsml_Zaw5HrJ2Z:0-pressr-savoye-
               to-highlight-significance-of-ai-and-automation-solutions-in-supply-chain-and-logistics-sector-at-
               seamless-middle-east-2024/
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