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Annual Reports and Financial Statements

REITERATING ITS STRATEGY TO PARTNER WITH THE PRIVATE SECTOR AS A KEY ENABLER IN THE GROUP’S GROWTH PLANS, Asyad Signs Partnership with GBM Oman to Develop All-New ERP System

  • Partnership with GBM underlines Asyad Group’s strategy to solidify private sector engagement and augment in-country value
  • Partnership aims to create a single integrated ERP system for all Asyad business units, to boost operational efficiency and streamline business processes.

 

Asyad Group has signed an agreement with Gulf Business Machines (GBM Oman), a leading Omani digital solutions provider, to develop an enterprise resource planning (ERP) system that will accelerate the digital transformation of the Group’s administrative processes and enhance its digital and operational capabilities.

 

This agreement is part of Asyad Group’s efforts to build a comprehensive ERP system that enables optimal resource management and improve administrative services across business units. The new unified ERP system, powered by SAP SE's cloud technology, will encompass all Asyad business units that had each previously been operating its own independent ERP system. This standardization will ultimately deliver a smoother and more efficient experience for all Asyad’s employees and ensure better business flow and continuity, impacting customers’ experience and relationship management.

 

Keeping with its commitment to private sector engagement, Asyad Group contracted GBM Oman, to develop its resource management and planning systems in a bid to increase in-country value, forge strategic partnerships with local players and contribute to the national economy. Through a strategic partnership with SAP,GBM Oman will work with Asyad to implement a world-renowned latest ERP system to enable adaptable and sustainable transformation, while realizing a faster time-to-market for new capabilities and applications.

Commenting on the agreement, Asyad Group Chief Technology Officer, Eng. Ghaith Al-Darmaki, said: “Asyad Group is constantly deploying cutting-edge technology that allows digital flexibility and ease of application to tackle challenges in logistics. In fact, digital transformation is one of Asyad Group’s top priorities to achieve the highest possible levels of operational efficiency, fast decision-making, and optimized customer experience by enhancing data flow and anticipating and resolving technical difficulties.”

 

“Pushing forward with digital transformation and fine-tuning our ERP system will further strengthen Asyad’s technological and operational capabilities as a global logistics provider,” Al Darmaki added. “This will also open new potentials in resource planning, sales, warehousing, supply chain, finance, and human resources, all while securing the integrated digital solutions that meet our Group’s future needs.”

 

Discussing this partnership, Mahmoud El Kordy, CEO of GBM Oman, said: “We look forward to working alongside Asyad Group, a partnership we believe will help propel the Omani logistics sector and transport industry, in line with Oman Vision 2040.  GBM Oman’s focus continues to be on addressing the needs of the Omani market and supporting organizations in implementing innovative solutions for a seamless digital transformation journey.”

 

Since its inception, Asyad Group has adopted a forward-thinking approach in deploying the latest technology solutions and signed a number of agreements with private enterprises focused on research and development. These partnerships allowed the logistics provider to complement its integrated logistics ecosystem with innovative solutions, such as developing the Data Lake project for data analysis and management and utilizing IOT and 4IR to design high-tech sensors which have been installed in its fleet to enhance operational efficiency.

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