ASMO strengthens presence in Saudi Arabia with new partnerships and headquarters

Oct 15, 2024•9 months ago

Contract Type

partnership

DammamSupply Chain ManagementOil And GasEnergy

Description

ASMO, a joint venture established by DHL and Aramco, has signed Memorandum of Understandings (MoUs) with industry leaders and agreements with multinational technology providers to advance its vision to be a supply chain market leader in the Middle East and North Africa (MENA) region. ASMO has also unveiled its new headquarters at the Asharqia Chamber of Commerce Tower, Dammam.

Company Information

Company

ASMO (Advanced Supply Management Operations)

Location

Dammam, Eastern Province, Saudi Arabia

About

ASMO (Advanced Supply Management Operations) is a joint venture established by DHL and Aramco through the Saudi Aramco Development Company. It aims to be a supply chain market leader in the Middle East and North Africa (MENA) region, catering to the energy, chemical, and industrial sectors' complex end-to-end supply chain and procurement demands.

Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

ASMO strengthens presence in Saudi Arabia with new partnerships and headquarters

Description

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Agreement Insights

Company Information