Saudi Oger, Aregon in tie-up

Saudi Oger will implement an e-procurement solution provided by Aregon, a global B2B digital marketplace and e-business solution provider, and PwC Consulting, a business of PricewaterhouseCoopers.

The move is aimed at significantly increasing productivity, improving efficiency and reducing costs.

Aregon will undertake deployment and configuration, supplier adoption, e-cataloguing and hosting services, while PwC Consulting will provide strategic direction in addition to introducing business process transformation.

"The Saudi Oger assignment is another opportunity to deliver the innovations of e-procurement to the region's construction sector," said Hazem Malhas, chief executive, Aregon.

"The Aregon/PwC alliance will help Saudi Oger pioneer the adoption of e-procurement and strategic sourcing in their business practices in the kingdom. We are very excited to work with Saudi Oger and are very keen to demonstrate the tangible benefits of the two companies' combined solutions to our valued client."

According to the benchmark set by Aberdeen Research, a leading IT market analysis and positioning services firm, e-procurement solutions are capable of realising an increase of up to 50 per cent in operational profits for every 5 per cent reduction in the cost of procured goods and services.

Among e-procurement's many benefits are improved operational cost-efficiencies, reduced procurement lead times, elimination of unnecessary paperwork and increased efficiency in procurement and supply chain processes.