Retail outlets officials said that the strategic stock of basic food and consumer goods in the outlet warehouses ranges between three months and six months, with the support of plans to expand supply contracts in the recent period.
They pointed out to «Emirates Today» that the conditions of facing the spread of the Corona virus stimulated a large number of outlets to increase the inventory in their warehouses, and to meet the growth of consumer demand for long periods, indicating that they are implementing daily supply plans for the warehouses, and with the support of the flow of supply recently From different countries.
Supply operations
In detail, the director of the Corporate Communications Department at the Lulu Commercial Centers Group, Nanda Kumar, said that “the expansion of supply operations by outlets during the recent period has raised the sufficiency of the strategic stock of basic food and consumer goods in its warehouses”, noting that “commodity stocks The Group’s warehouses are currently sufficient for a period exceeding six months, with the support of the flow of supply operations finally, and the provision of warehouses on a daily basis with additional new goods.
He explained that «the group, besides its reliance on contracts with supply companies in various sectors of food commodities, relies on private cargo planes for import and shipping of basic food commodities, such as meat, and other goods that are supplied from different countries, most notably India».
Strategic inventory
In turn, the official spokesman for the centers of the "markets" group, Abdul Hamid Al-Khashabi, said that "the flow of supply operations during the recent period, was supported by the strategic stock of basic food and consumer goods in the group's stores, which is currently sufficient for about three months", pointing out that "the daily supply is done For warehouses with additional new commodities, food and consumer, and to support the strength of the stock and its adequacy for long periods.
Expansion plans
For his part, the CEO of the "Union Cooperative", Khalid Hamid bin Theban Al-Falasi, said that "the expansion plans for imports that (the cooperative) recently implemented, in light of the current conditions to confront the spread of the new Corona virus and confront the growth of consumer demand during the month of Ramadan, allowed Supporting the stock of commodities in the cooperative's warehouses, as it is currently sufficient for periods of between four and six months.
He added that «with the expansion plans in the supply that the (cooperative) department worked on, and included importing of various food commodities from more than 50 countries, providing diversification and several alternatives to the goods, and enhancing the flow of supply, it is expected that the strategic stock of goods will increase in the cooperative’s warehouses during the two months Coming for enough for periods exceeding six months, especially with additional daily deliveries of goods to warehouses, and with a value of more than five million dirhams.
Food commodities
In the same context, the general manager of the Emirates Cooperative Society, Mohamed Youssef Al Khaja, said, “The smoothness of supply supported the stock of basic food and consumer goods in warehouses that are sufficient for periods of up to six months, which supports the availability of goods in large quantities in the outlets, whether during Ramadan or Until the next periods. ”
In turn, the General Manager of the Ajman Cooperative Markets Association, Sami Muhammad Shaaban, considered that “the current circumstances have motivated a large number of outlets to hedge and expand the supply contracts, which in turn has boosted the inventory of goods in warehouses for periods that are enough for between three and six months, which is This maintains the stability of prices and the abundance of products in the outlets ».
Commodities
Rashid Bin Howiden, Director of Supply and Merchandise Promotion at the Sharjah Cooperative, explained that “the cooperative’s administration has plans in which to maintain a stock of food commodities in its warehouses that are sufficient for periods exceeding three months, in addition to the operations of support and daily supply of warehouses, to maintain abundance and inventory Goods ».