إنت عربي
- SIC Announces Investment in BRKZ to Advance Digital Industrial Supply Chains in Saudi Arabia
- SIC has announced a strategic investment in BRKZ, aimed at accelerating the digitization of industrial supply chains in Saudi Arabia.
- The deal targets technology platforms that reduce reliance on intermediaries, enabling manufacturers to gain greater control over pricing and distribution while improving overall market access efficiency.
SIC has signed a strategic investment agreement to acquire a stake in BRKZ, in a move aimed at accelerating digital transformation in industrial supply chains and enabling direct market access for manufacturers.
The deal reflects a growing trend toward investing in technology platforms that reduce reliance on intermediaries, giving manufacturers greater control over pricing and distribution while improving customer reach efficiency.
BRKZ offers a digital model that connects manufacturers with contractors and buyers quickly and efficiently, while also supporting industrial companies in enhancing operational efficiency, increasing productivity, and facilitating access to financing solutions—particularly for small and medium-sized enterprises.
Fahad Al Naeem, CEO of SIC, noted that the primary challenge facing industrial SMEs is not financing, but market access.
Digital platforms, he explained, address this gap by opening direct sales channels and improving the efficiency of matching supply with demand.
The transaction reflects a broader shift toward digitizing the industrial sector in Saudi Arabia, with increasing demand for solutions that enhance pricing transparency and streamline procurement processes, supported by strategic investors driving the growth and expansion of such platforms.
