COVID-19/Coronavirus

The CIPS Middle East Conference and Supply Management Awards 2020 on 30 June 2020 at Rosewood Abu Dhabi has been postponed - new event format or dates to be announced.

CIPS and Haymarket Media Group (who deliver events on behalf of the CIPS) have been closely monitoring the situation with regard to Coronavirus on a daily basis and the welfare of our delegates is always front of mind.

In this instance, we have made the difficult decision to postpone the event to the nearest suitable opportunity in the future or to present this as an online, virtual event.

We have not made this decision lightly but we want to ensure we can provide the best experience possible for attendees. If you have booked on the event your booking will be automatically confirmed for the revised date, or event format, which will be announced as soon as possible.   Please accept our apologies for any inconvenience caused and we thank you for your continued support. If you have any questions, please contact us.

WINNER: MOST IMPROVED PROCUREMENT OPERATION - START UP

WINNER: MAJID AL FUTTAIM VENTURES PROJECT: REVOLUTIONIZING PROCUREMENT & SUPPLY CHAIN IN MAJID AL FUTTAIM VENTURES

Majid Al Futtaim Ventures covers diverse industries from cinemas, leisure and entertainment, unique theme parks, retail, fashion, food and beverage, consumer finance services, facilities and energy management as well as its joint ventures with Gourmet Gulf and Veolia (ENOVA). The business is seeing rapid growth with a 15% rise in revenue in 2018 and potential exponential growth until 2023.
This rate of expansion prompted the business to create a central procurement and supply chain function in January 2017. Initial targets included identifying spend pools and increasing the visibility of spending in all the group’s business units using analytics tools, as well as identifying and supporting synergies between different business units.

The procurement team has initiated more than 1,400 projects and requests for proposals resulting in more than AED 64 million savings.

An end to end supply chain review for the venture’s fashion and entertainment brands, involved more than 130 manufacturers, and led to a distribution centre move from Singapore to Hong Kong. This reduced overall lead time by more than 22% and decreased shipping costs by more than 30%.

Click here to return to the list of 2019 winners