CIPS awards Dubai’s Roads and Transport Authority
Dubai’s Roads and Transport Authority (RTA) joins, CIPS’s certified procurement excellence organisations, others awarded in the MENA region include AfDB.
Sam Achampong, Regional Head and General Manager, Chartered Institute of Procurement and Supply, congratulates RTA For its “tireless efforts to make consistent improvements in its procurement and supply operations through continuous assessments and serious efforts to achieve targeted deliverables. RTA’s focus on maintaining excellent procurement and supply operations is worthy of this acclaim.”
Who is the Roads and Transport Authority (RTA)?
Founded in 2005, RTA is a government entity that strives to provide an advanced transport network for the people of Dubai, to make public travel safer and smoother.
Its responsibilities - buses, taxis, inter-city transport, roads engineering, registration & licensing, marine transport, commercial ads on the right of way, public buses, roads beautification, roads and parking and rail project.
RTA obtained its certificate from the Chartered Institute of Procurement and Supply (CIPS) for its procurement and supply operations. Becoming the first government entity for roads and transport to obtain this certificate. The award strongly enhances confidence in RTA’s abilities.
“The awarding of this certificate followed strict scrutiny of RTA’s procurement and supply procedures under CIPS assessment programme; which examines businesses in five key areas: leadership and organisation, strategy and policies, people, operations and systems, and performance management,” said Saeed Al Marri, Director of Procurement at RTA’s Corporate Administrative Support Services Sector.
“It is the only independent and comprehensive assessment programme worldwide designed and run by a bunch of elite supply and procurement international experts. It awards certificates of excellence and competency in supply and procurement processes proving that entities have smooth, simple and efficient procurement and supply chains,” commented Al Marri.
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Vizibl: The Future of Supplier Relationship Management (SRM)
Even the best procurement team on the planet can only derive so much value from their suppliers by tinkering with spreadsheets or negotiating another half-percent-per-unit from a regular bulk-buy.
The value of relationships count in today’s fast-paced and disrupted business environment, where partnerships, future efficiencies and risk mitigation are just as vital a measure of an organisation’s maturing procurement organisation as overhead reduction.
A recent McKinsey survey into 100 large organisations found that the more cooperative an organisation, the more financially competitive it could become. "Companies with advanced supplier-collaboration capabilities tend to outperform their peers,” it found, but also admitted that this value is not a simple thing to access.
Visibl is a company built from the ground up with the philosophy of ‘delivering mutual value' in mind. Its digital procurement platform is designed to place collaboration at the centre of supplier relationships. Greater transparency for all stakeholders not only simplifies and quantifies contractual obligations, but also provides opportunities to discover and align on common goals and business objectives.
How does Vizibl’s platform work?
Vizibl’s supplier relationship management platform feeds off data. By leveraging data from existing enterprise applications such as ERP, P2P, risk management, or project management systems, all stakeholders can share a central source of truth. The result is greater transparency, visibility and accountability on both sides of a contract. The platform is divided into several focus areas:
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Key Vizibl customers: Heineken, Vodafone, Astellas
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience”
Speaking to SupplyChainDigital.com earlier this year in June, Mark Perera, CEO and co-founder of Vizibl said: “We work with companies across multiple industries, but regardless of sector, we really see agility and resilience as overarching topic areas in the supply chain. From a resilience perspective, that’s both in terms of operational resilience, but also strategic resilience; we see organisations looking at implementing the desired levels of flexibility and the ability to change with demand, as they look towards the future of their company.”
“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience,” he added. “The mindset and process change to switch to a supplier collaboration model will be a challenge for organisations that are falling behind.”