An analysis of the Dubai Chamber of Commerce and Industry confirmed that the UAE surpasses advanced economies in the inventory of basic materials, pointing to the flexibility and effectiveness of the e-retail companies in the country in dealing with the “Corona” crisis.
The analysis showed that supportive government initiatives, modern infrastructure, and an evolving logistical sector all contributed to strengthening the supply chain and addressing current challenges.
In detail, a recent analysis of the Dubai Chamber of Commerce and Industry revealed that e-retail companies in the UAE have succeeded despite the challenges of high demand due to the spread of the Corona epidemic and the imbalance of the supply chain worldwide in dealing with the epidemic better than most of its counterparts in other regions Around the world, achieving benefits beyond the domestic market to include neighboring markets.
The analysis, based on updated data from «Euromontier», attributed this success to the fact that it was thanks to the support of government initiatives, the presence of modern infrastructure, and a strong logistical sector, which reflects the flexibility of electronic commerce in the UAE in the face of the disturbances of the Corona virus.
The analysis, which the Dubai Chamber revealed its results in a statement yesterday, reviewed the percentage of goods not available in inventory, in 38 major economies around the world, where the analysis monitored the levels of inventory for the major e-commerce platforms, and the daily percentage of stock keeping units (SKUs) Which are marked as goods not available in stock on the websites of the retail stores of each country.
The analysis compared the current levels of availability of essential materials (on April 21), with pre-epidemic levels (January 21), across 38 developed and emerging market economies.
The data showed that the UAE occupies an advanced position globally, as the central position of the state in the global trade map, its large storage capacity and its extensive logistical networks contributed first to recording low percentages of materials that were out of stock before the outbreak of the epidemic (3.4% on January 21).
Logistics services
The benefits of the UAE's strong logistics and warehousing sector extend beyond the domestic market, to the adjacent markets.
The emerging market economies registered a low percentage of the basic materials that ran out of stock, because most of their products are obtained locally, while the developed markets have supply chains given that a large part of their products are brought in from abroad.