Total consolidated revenue rose 64% to Dh148.1 million
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Gulf Marketing Group (GMG), one of the Middle East's leading family owned holding companies, held a groundbreaking ceremony for a new distribution facility for its business in Jebel Ali Free Zone (Jafza). In an event held in the presence of key officials from both GMG and Jafza, the facility was announced to be complete by September 2018.
The multi-tiered distribution center aims to develop and consolidate warehouse operations using automated technology, boosting growth in GMG's portfolio and providing a stronger base for its e-commerce business. The facility is around 40,000 sq.m and features state-of-the-art facilities with a total storage capacity of 21 million units, with the throughput of 400,000 items per day.
The facility will be providing solutions that increase productivity and enhance warehouse management. With the introduction of automated sorter and conveyor load system, warehouse operations will be less time-consuming thanks to fully streamlined processes.
Chairman Abdul Aziz Baker and chief operating officer Amin Nasser were in attendance from Gulf Marketing Group, along with Ahmad Sultan AlHaddad, chief operating officer at Jebel Ali Free Zone.
Mohammad A. Baker, deputy chairman and chief executive officer at Gulf Marketing Group said, "Our business is ever-expanding and we are pleased to celebrate this milestone at the groundbreaking ceremony in Jafza. Automated technology is on the rise and we are eager to start implementing it in our new facility, which is in line with our business objectives and initiatives across the region."
Founded in 1978, Gulf Marketing Group is one of the leading holding companies in the region with 10 business divisions ranging from healthcare to education and sports. GMG's sports division portfolio is a mixture of world class sports brands and its own Sun & Sand Sports retail outlets. With over 200 stores and more than 5,000 employees across the region, GMG's sports division contributed greatly to the overall holding's recorded growth of 35 per cent in 2015.
The current distribution center for Gulf Marketing Group is around 20,000 sq.m, and will still be in use once the 40,000 sq.m mega-facility is complete.
Trilogi Logistics, the specialized arm under Gulf Marketing Group and its logistics service provider, will be handling all operations for the mega-project in JAFZA, which is being contracted by Amana Contracting & Steel Buildings. - business@khaleejtimes.com
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