DUBAI, -- Following a highly successful partnership, DP World has signed a five-year extended agreement with leading strategic procurement company, BravoSolution / Tejari.

The deal was made following the existing five year relationship whereby Tejari supported DP World's supplier relationship, tendering and contract management processes into a seamless, integrated online platform that can be accessed both locally and globally.

As a leading global trade enabler, DP World recognises that innovative procurement technologies such as strategic procurement would allow it to stay at the forefront of the industry. It required a more streamlined and connected solution that reduces procurement time and costs across continents whilst offering transparency across the entire procurement process.

The new, five-year 'Global Framework Agreement' outlines the expansion and adoption of the BravoAdvantage solution beyond its initial use across DP World globally. Additionally, the solution will be leveraged for strategic decision making and management information allowing visibility, control and governance worldwide.

Tejari currently provides DP World with a procurement consultancy, the highest levels of data security and the roll out of BravoAdvantage Spend, Supplier Value Management (SVM), Sourcing and Contract Lifecycle Management (CLM) capabilities that have together transformed operations.

Source: Emirates News Agency