GEC NEWS WIRETejari has signed a MoU with Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector to deploy a dedicated eProcurement platform for SME members.
The collaboration aims to automate member requests, enable supplier categorization and reporting capabilities through the BravoAdvantage Supplier Value Management capability. The platform will fully integrate with the eSupply and will act as a gateway for membership payment.
Marwan Al Naqi, Chairman at Tejari commented on the partnership saying: “We aim through this agreement to create a shift in the business environment of the private sector small and medium sized projects, and to develop a smart portal for dealing with government procurement in Dubai, and positively contribute support to this sector.”
The announcement follows the successful automation of Dubai SME’s registration, pre-qualification and approval processes to their Government Procurement Program. The program, founded in 2011 was designed to enable SMEs to access contracting opportunities with government departments in the UAE. With the deployment of the new application all transactions among Dubai Government Departments will be consolidated on one unique platform ensuring all departments assign the agreed 5% of their purchasing spend to SME members.
Expressing delight on the partnership with Tejari Abdul Baset Al Janahi, CEO of Dubai SME said “The smart services portal links SMEs on an electronic platform and enables exchange of data and information to identify qualified SMEs and entrepreneurs. Through this extraordinary initiative we seek to support the ongoing efforts to increase the contribution of SMEs to the non-oil GDP of Dubai and improve the emirate’s ranking in the ease of doing business across global indices in line with the Dubai Plan 2021”.
