Page 12 - Moglix PR Report - June 2024
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Unlocking growth: Moglix's strategic entry into the Middle East - Logistics Middle East
These partnerships are also instrumental in Moglix’s efforts to integrate local business
regulatory frameworks and adhere to the ESG charter for large corporate enterprises
outlined by local governments. This alignment ensures that Moglix’s operations comply
with local regulations and sustainability goals. Malviya notes, “At the heart of these
local business partnerships is the business regulatory framework and the ESG charter
for large corporate enterprises as laid out by local governments in the Middle East.”
Additionally, Moglix’s collaboration with payment gateway integrators is crucial for
offering a seamless B2B e-commerce experience tailored to the regional market. This
includes adopting local currency, technology, regulatory frameworks for cybersecurity,
and fit-for-audit data governance. “Our partnership with payment gateway integrators
in the region is key to offering a seamless B2B e-commerce experience,” Malviya
highlights. This localised approach not only enhances the customer experience but also
ensures compliance with regional standards and regulations.
Technological tools and innovations
At the heart of Moglix’s operations in the Middle East is a technological framework
designed to enhance efficiency, transparency, and reliability across the supply chain.
Malviya elaborates on the central role of technology in Moglix’s strategy, stating, “At
the heart of the Moglix operating system for B2B commerce is technology. We have
put together an operating system that enables material, data, and fund flow through a
single green channel corridor so that we are always alongside customers.”
Moglix’s technology stack is built on three key pillars: source-to-pay, intelligent
contracting, and B2B e-commerce. These components work together to provide real-
time visibility and seamless coordination across the supply chain. “Visibility into the
‘now’ of the supply chain journey enables enterprise users to plan for the ‘next’,”
Malviya explains. “In other words, the real-time coordinates of the physical movement
of processes, goods, and logistical assets, in combination with our artificial intelligence
and machine learning capabilities, set the tone for de-risking transactions and
unclogging bottlenecks.”
The source-to-pay solution is a cornerstone of Moglix’s technological offerings,
providing procurement and logistical tracking capabilities. Malviya shares a practical
application of this technology, “Our source-to-pay solution is used by a leading EPC
infrastructure enterprise with 4,000+ users across 500 sites every day to seamlessly
purchase industrial goods and track the logistical coordinates of their consignments.”
Intelligent contracting is another critical aspect of Moglix’s tech stack, which is
designed to streamline procurement processes and ensure efficient contract
management. “Our intelligent contracting solution is used by one of the world’s largest
FMCG behemoths to draft and edit contracts for direct procurement, ensuring that
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