Understanding the UAE’s Digital Procurement Platform

UAE Ministry of Finance Launches Expanded 'Digital Procurement Platform' Catalogue (Credit: WAM)
UAE Ministry of Finance Launches Expanded 'Digital Procurement Platform' Catalogue (Credit: WAM)
How is the UAE’s expanded Digital Procurement Platform driving efficiency, transparency and value in Government sourcing?

The United Arab Emirates Digital Procurement Platform is a tool that connects federal procurement teams with suppliers, and is expanding to take in further product categories and products. The catalogue includes 35 categories containing more than 120,000 services and products from 230 approved suppliers.

The Ministry of Finance in the UAE reports the platform brings them significant benefits, with a 75% reduction in procurement steps and reducing the time needed for the purchase process from an average of 60 days to just six minutes. The centralised procurement unit within the department also has the power to negotiate the best prices with suppliers, to deliver the strongest price-points for various products and services.

UAE’s vision for federal procurement 

“We aspire to be global leaders in the financial field, and to contribute to achieving the UAE’s vision,” explains Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs.

“Together with our partners from federal government entities, we are charting a course towards a future where efficiency, transparency, and innovation define government procurement. The Digital Procurement Platform is part of the strategic directions expressed by the five major transformational projects of the Ministry of Finance, including the first project, the Supply Strategy of the Federal Government, which aims to incorporate new categories of suppliers for the federal government to support national economic growth and enhance government efforts aimed at expanding and diversifying the supplier base in the federal government. This, in turn, contributes to improving the quality of services and products for federal procurement at competitive prices.”

The catalogue is being expanded to include new categories such as advertising and media services.  Other areas of expansion include consulting, legal services, real estate insurance, travel services, interior design, property management and IT.  

UAE Ministry of Finance 'Digital Procurement Platform' (Credit: WAM)

“The Ministry’s proactive work to identify all government requirements confirms that the platform’s function is not limited to connecting government entities with suppliers, but also ensures achieving the objectives of this transformational project. It also increases the readiness of government financial work, in line with the new government work methodology adopted by the UAE to lead the government development process, meets the country’s future requirements, and continues its development journey for the next decade and towards the next 50 years, in line with the digital transformation strategy, enhancing joint work, and forming effective partnerships with the private sector to improve the level of government services, especially in the fields of procurement and government supply,” says Mohamed Hadi Al Hussaini.

Understanding the value of the UAE Digital Procurement Platform

Since the launch of the federal platform, it has been a key aspect of its digital transformation strategy, allowing and managing purchasing operations at the governmental level.  It is driving efficiency, transparency, expense monitoring, and value generation, as well as speeding up the whole procurement process.  The transformation reflects the UAE’s commitment to sustainable digital transformation and recognises the spirit of innovation in enhancing the efficiency of spending in government work.

 

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