UZBEKNEFTEGAZ will become a full member of SAP Ariba global business network

Uzbekneftegaz JSC together with the ITPS Group of Companies (Parma – Telecom LLC is part of the group of companies operating under the ITPS brand) is implementing a strategic project that will result in becoming a full member of the global business network SAP Ariba.

In joining the global business network, Uzbekneftegaz not only transforms the procurement process, but becomes a supplier with the opportunity to sell products internationally. The affiliation will take place within the framework of the implemented program of digital transformation and automation of business processes at Uzbekneftegaz JSC, as one of the flagships of the economy of the Republic of Uzbekistan.

It is expected that Uzbekneftegaz JSC will achieve the following results through the implementation of project:

• reduction of procurement cost by at least 15% of the current values;
• reduction of procurement process operating costs by up to 70%;
• increasing the number of potential suppliers by 15%;
• reduction in the number of errors in document management by more than 50%;
• entering new markets channels.

Read more on the Uzbekneftegaz website