64,059,623.37 56,512,883.

46
6 11
10,676,603.90 5,137,534.86

1 Working additional hours:

2 Visit to India in search of new suppliers:

3 Addtion of new suppliers:

4 Inventory Storage

5 Buying cost:

6 Value of procurement:
To meet the high demand of sales and procurement, worked full-time on Fridays for the months of March and April

Mr. Thomson made a week-long visit to India which was fruitful in terms of meeting the existing suppliers and discovering pos

Since January 2022, we have started neogtiating deals with 4 Indian suppliers out of which we have been able to successfully c

Working with the warehouse and factory team to successfully manage the storage of the large influx of material in April - May

Currently working on reducing buying costs by 5% to meet the target gross profit.
Successfully achieved an overall discount from Al Jarsh of 6% (Aluminum Ladders and Aluminum Scaffolding)
Successfully achieved an overall discount from Jazeera Oman of 3% (Galvanized and Black Tubes)

In the last 6 months, the value of material procured per month has been doubled.
Average per month buying Jan -Novemeber 2021 - SAR 5.1 million
Average per month buying December 2021 - May 2022 - SAR 10.7 million