MEDIA RELEASE: WiseTech Global (ASX:WTC), the world-leading developer of logistics execution and supply chain management solutions, and Elm Company, a leading provider of digital solutions for both public and private sectors in Saudi Arabia, have signed a non-binding Memorandum of Understanding (MoU) to enhance collaboration in the logistics sector in the Kingdom of Saudi Arabia.
Under the MoU, both parties intend to explore and leverage modern technologies to drive innovation and deliver advanced technology solutions that enhance the efficiency and overall performance of the logistics sector, in line with Saudi Arabia’s digital transformation objectives.
The scope of the collaboration includes exploring digital solutions to improve operational efficiency, enhancing customer experience through technology solutions focused on simplicity, flexibility, and service quality.
The collaboration also aims to support digital transformation efforts in the logistics sector through collaboration and knowledge sharing between the two parties, fostering integration in the development of technological solutions to deliver sustainable added value.
The MoU was signed on the sidelines of the Saudi Supply Chain and Logistics Conference 2025 on 13 December, with Elm represented by Hesham S. AlNaser, Vice President – Logistics Products, and WiseTech Global represented by Vlad Bilanovsky, Chief Execution Officer.
Commenting on the agreement, Mr. Majid bin Saad Al-Arifi, Elm's Spokesperson and Vice President of Marketing, said: "Elm continues to play its role as a leading digital enabler for government entities and businesses in Saudi Arabia and the wider region, building strategic partnerships that drive the development of innovative digital solutions. This collaboration reflects our commitment to supporting digital transformation and enhancing the efficiency of the logistics sector in line with future aspirations."
Vlad Bilanovsky, Chief Execution Officer at WiseTech Global, said: "Saudi Arabia represents significant opportunities for growth and development in the logistics sector. We are delighted to collaborate with Elm to explore innovative technology solutions that enhance operational performance, improve customer experience, and support the sector’s digital transformation journey."
Photo: (L-R) Vlad Bilanovsky, WiseTech Global and Hesham Alnasser, ELM Company sign MoU on the sidelines of the Saudi Supply Chain and Logistics Conference.
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