TradeMerit Building New Bridges at GITEX 2011
September 16, 2011
Ottawa, Canada –TradeMerit, a leading cloud supply chain solution provider, will be building new bridges with customers at GITEX 2011 from October 9-13. ICT professionals from the construction, manufacturing, logistics, and oil and gas industries will learn exactly how the TradeMerit solution builds an efficient supply chain that creates supply chain efficiencies for local industry while decreasing reliance on foreign investment and increasing economic diversification. TradeMerit prides its solution as being faster to configure and deploy, giving it a significant advantage over competing solutions.
In order to manufacture best in class products and deliver globally competitive construction projects, and logistics services, GCC service providers and manufacturers will have to adopt integrated solutions that bridge the existing gaps in human resource development and a lack of diversification in the local economy. Trade Merit’s innovative cloud supply chain solution can be configured to all of these industries enabling its customers to optimize their critical business processes, which include trade financing, demand forecasting, procurement and logistics.
In 2010, Gartner named TradeMerit as one of the 10 leading supply chain visibility providers (Supply Chain Management Market and Vendor Guide, 2010). TradeMerit products were also cited by IBM and IDC for its innovative use of Business Process Management and Service Oriented Architecture. Through its unique architecture, TradeMerit offers companies an attractive rate of return on their investment. In an independent study conducted by Marsh Risk Group for the Automotive Industry Action Group (AIAG), TradeMerit demonstrated more than 400% Return on Investment and a Pay Back Period of less than 3 months. As a result, TradeMerit was awarded the AIAG 2010 Corporate Achievement Award for driving more than $1 Billion in Automotive Supply Chain.
The GITEX Technology Week is heralded as one of the largest and most important ICT events in the world and is a leading platform for industry innovation. It connects over 3,500 domestic and international IT vendors with more than 136,000 ICT professionals, the largest gathering of the leading ICT retailers and suppliers in the GCC (Gulf Cooperation Council) and will be taking place at the Dubai International Convention and Exhibition Centre. TradeMerit, a recognized Canadian-based supply chain solution leader will be on hand to present its solution at Sheikh Saeed Hall TA-D20 and to inaugurate its new branch, located at Al Mamlaka Tower, King Fahad Road, 2nd Floor, PO Box 8953, Riyadh, Saudi Arabia.
TradeMerit helps organizations improve their supply chain performance by offering a new approach to address existing challenges in the areas of supply chain management, governance, risk, and compliance. It does so by leveraging Advanced Event Management techniques, process management, localization that reflects market language and culture and a knowledge base that constantly captures new information in combination with cloud computing technology. TradeMerit, know where your business is going!