Elm, a preeminent brand in innovative digital solutions owned by the Public Investment Fund, has held its first meeting last week with its strategic suppliers at the Kempinski Hotel in the capital Riyadh. Elm was represented in the meeting by the Procurement and Contracts Department.
Elm's spokesperson and Director of Marketing Majid bin Saad Al-Arifi emphasized that such step testifies to Elm's unbound commitment to reinforcing joint-efforts and cooperation with its partners at all levels. Elm uncovered future growth plans that resonate with its recently launched new strategy, and acquainting suppliers with all aspects of the procurement transformation program and its development initiatives.
Al-Arifi illustrated that Elm endeavors to establish stable and effective business relationships that resonate with its all-encompassing values, among all suppliers in all sectors. Such commitment is kindled by trust, credibility, integrity, and mutual interest. Elm aims to create a flourishing business partnership with its suppliers, where each party thrives. Blazing the path for them to develop their businesses and transform their standards to bring about a more reliable supplier community where transparency, fairness, and fair competition prevail.
The meeting was attended by "Abdulaziz bin Saad Al-Tammami, Elm Executive Vice President of the Company's affairs, and a group of executives, as well as several major suppliers. A number of MoMs were signed with the most prominent local and international companies operating in the market, including Huawei and HP.
Elm seeks to embrace a set of behavioral rules, general provisions, and standards that constitute fair and transparent business with suppliers. Elms endeavors at the same time to guarantee that all parties can avail of all benefits without jeopardizing the competitive environment and the sector in general.