V-LINE SAUDI ARABIA LTD launched
Al Jubail, 09/15/2008
Press Release
Successful German company initiates its engagement in the Middle East:
The V-LINE group of companies, active throughout the world as a specialist for the procurement of maintenance-, repair- and preventive-maintenance-specific components for all types of industrial installations, will announce the official start-up of V-LINE SAUDI ARABIA LTD as of 1 October this year.
The time has come", says Detlev Daues, Managing Partner of V-LINE: "The establishment of this one-hundred-percent subsidiary means, for us, the crowning achievement of a business relationship which has lasted nearly 30 years now – the early 15 years as a traditional trading company -and with the development of the Internet, we were able to move while keeping the focus on MRO (maintenance, repair & operation) supply to a procurement service provider with a portfolio of value propositions tailored to customer demand,“ as Daues emphasises.
V-LINE SAUDI ARABIA is headquartered in Al Jubail, where the majority of the industry is concentrated - but will be supplemented by branches in Riyadh and Yanbu over the coming 12 months to develop new value propositions, with the aim to reduce total procurement cost (including inventory) without compromising on maintenance.
Custom-designed solutions for a growth market with a future
"With V-LINE SAUDI ARABIA – effective immediately - we offer manufacturers and supplierscustom-designed supply chain solutions for their sustainable participation in the growth taking place in the Near and Middle East“ – this is how Daues underscores the Group's involvement in Middle Eastern markets.
Shahzad Haider was appointed as the general manager of the Saudi Arabia V-LINE subsidiary; with that, the long-serving marketing manager, who contributed very significantly to the group's success in the Arab world, returns to the origin of his work for the company.
Unparalleled throughout the world
The V-LINE Group's success is based on a business model which is unique in its present form. Unlike most other companies, V-LINE is capable of managing the entire supply chain across all borders – from the original production of spare parts to their delivery throughout the world; as a result of the innovative e-procurement solution V-Ware™, the group can simultaneously cut the procurement costs for its customers. As a result of the co-operation with V-LINE, the suppliers can also reduce their process costs; upon request, this logistics expert will also take over the handling of export formalities, as well as the transit financing and the purchase of the necessary types of insurance.
This means comprehensive service from a single source, combined with excellent skills and outstanding manpower – that is the secret of V-LINE's success. The company co-operates with more than 20,000 suppliers. To ensure the specification of the best-possible solution for each individual customer, the specialists at V-LINE co-ordinate procurement methods with the requirements profile of the corresponding plant or branch office. In the process, the use of original parts guarantees optimum operation and the longest-possible useful life; automated and standardised processes ensure affordable transaction costs; and ultimately, guaranteed durations (along with regular bundled shipments) keep the warehousing demand as low as possible.
About V-LINE
The V-LINE Group of Companies, headquartered in Sehnde near Hanover, Germany was founded in l979—to provide capital intensive industrial plants worldwide with aservice aimedat reducing the total procurement cost of cross border (foreign-made) spare parts. Today, from two buying/ warehousing/logistics operations in Japan and the United States, in addition to its main operation and administrative hub in Germany, the Group serves a customer base of large organizations on all continents. For further information please visit the corporate website at:http://www.v-line.com, contact by phone: country code+ 5138/7008-0(EMEA) 732/493-1400(USA) 66/675-3001(Japan)11/5180 2370(Brazil) 10/649-92689(China) and 2222/536396(Mexico)
