Teradix, a leading Egyptian provider of digital procurement and sourcing solutions, announced a strategic partnership with Rich Bake, one of Egypt’s largest bakery manufacturers, to expand its initial procurement digitization deployment into a comprehensive, multi-phase digital transformation program across the company’s sourcing operations.
Digital Procurement as a Strategic Growth Driver
With Rich Bake’s ongoing expansion of manufacturing plants and distribution networks, digital procurement solutions have become a key lever for operational efficiency, cost management, and supplier transparency.
Gilbert Hobeika, CEO of Rich Bake, stated:
“Our company is undergoing continuous growth and transformation. Partnering with Teradix enabled us to implement transparency, speed, and structure in our procurement operations, directly supporting our strategic objectives.”
.This initiative reflects a wider trend in Egypt’s manufacturing sector, where digital procurement is increasingly used to enhance governance, efficiency, and competitiveness
Operational Transformation Beyond Automation
The partnership focuses on operational change in procurement, not just software deployment, by standardizing workflows, strengthening governance, and enabling cross-functional collaboration.
The Teradix platform will support Rich Bake in key sourcing activities, including:
- Requests for Quotation (RFQs) and e-tendering
- Reverse auctions to drive cost savings
- Comprehensive supplier management
- Data-driven performance visibility and analytics
Loaay Aly, Supply Chain Director at Rich Bake, added:
“We wanted more than automation; we needed full visibility and control over every step of procurement. Teradix combined technology with hands-on support and change management, allowing us to manage complexity across multiple factories efficiently.”
Teradix’s Approach to Scalable Digital Procurement
Teradix’s methodology centers on building scalable procurement operating models through close collaboration with leadership, procurement teams, supply chain, and IT departments, ensuring adoption, governance, and measurable results.
Khaled Aboshady, CEO of Teradix, said:
“Our goal is not simply to deploy technology but to act as a strategic partner throughout the full transformation journey—from people and processes to data and technology. With Rich Bake, we are turning digital procurement from ideas into tangible business outcomes.”
Strategic Benefits of the Teradix Platform
By leveraging Teradix’s platform, Rich Bake gains:
- Full transparency across supplier interactions
- Accelerated procurement cycles and standardized workflows
- Data-driven analytics to measure performance and identify cost-saving opportunities
- Financial savings through reverse auctions and structured negotiations
- Flexible, scalable technology infrastructure supporting advanced solutions, including AI
Future Roadmap for Procurement Innovation
The partnership roadmap includes future enhancements such as:
- Full procurement automation
- AI-enabled supplier discovery and sourcing optimization
- Surplus inventory management and monetization
- Strengthened supplier collaboration frameworks
This strategic partnership exemplifies how digital procurement transformation can move from conceptual planning to measurable operational and financial impact, positioning Egyptian enterprises like Rich Bake for global competitiveness.
