Aramex, The Surpluss have signed a Memorandum of Understanding (MoU)
Aramex has signed a strategic collaboration with The Surpluss, MENAs’ leading digital sustainability exchange for Small and Medium Enterprises (SMEs) to tackle and capitalize on excess business assets, materials, and space.
The collaboration will support new and existing Aramex merchants and SMEs in the United Arab Emirates (UAE) to embed sustainability within their supply chain, both up and downstream. In addition, members of The Surpluss will benefit from Aramex’s extensive logistics network at competitive rates, ensuring reliable and timely delivery of their materials and products to various destinations worldwide, according to a press communique.
Strategic partnerships
“As a responsible business, we believe that strategic partnerships are essential for enhancing our operational efficiency while benefiting our customers. This collaboration aligns well with our strategic priorities, particularly customer centricity, continuous innovation, and sustainability and engagement,” stated Tarek Abuyaghi, General Manager, Aramex.
“We hope this partnership will overcome challenges, offering a strong case study as the UAE continues to lead the way to overcoming global bottlenecks to circular economy adoption,” commented Rana Hajirasouli, Founder, The Surpluss.
The partnership aims to fill this gap by lowering the financial barriers and risk appetite for companies to source and sell their idle inventory and assets to increase working capital and enhance competitiveness while reducing waste to landfill and carbon emissions, the press statement concluded.
