By Justin Floyd, CEO of RedCloud Technology
- How is digital transformation transforming the retail and FMCG sectors in Saudi Arabia?
Digital transformation is disrupting Saudi Arabia’s USD 200 billion Fast Moving Consumer Goods (‘FMCG’) sector—a critical industry within the Kingdom’s economy—by replacing outdated, manual, and offline trade processes with intelligent, data-driven, and digitized trade—with intelligent algorithms that deliver predictions and recommendations to FMCG professionals. This shift accelerates trading speed, increases agility, and provides unrivalled access to actionable data—directly supporting Vision 2030’s drive for a technology-powered, self-sustaining economy.
- Why do supply chain inefficiencies remain a persistent challenge for retailers, and how can technology adoption address these issues?
Supply chain inefficiencies persist because supply chains are complex, siloed, and lack the connected insights and data to make efficient decisions aligned to supply and demand across categories in markets. Supply chain businesses making decisions independently and without data and insight result in frequent stockouts, waste, and billions in lost sales. When supply chains deploy AI-powered technology, backed by data from across the supply chain, they unlock the ability to predict demand accurately and optimise inventory automatically. This transforms the supply chain from a slow, reactive system into a powerful, proactive engine—dramatically improving efficiency and eliminating economic waste.
- What makes the partnership between RedCloud and Kayanat a catalyst for economic transformation, and how does it align with Vision 2030’s goals?
The joint venture between RedCloud and Kayanat is a catalyst for transformation because it brings world-class, AI-powered trading infrastructure to the Kingdom—delivering supply chain transparency and speed at unprecedented scale. These changes align with Vision 2030’s mandate for structural reform, innovation, and local market empowerment.
“For nearly 90 years, Saudi Arabia has powered the world through reliable and affordable energy supply chains. Today, that same advantage will fuel the world’s AI factories,” said Majid Alghaslan, Founder of Kayanet Holding and joint venture partner of the Company. “The development of advanced AI capabilities in RedCloud Arabia reflects Vision 2030’s ambition to transform the Kingdom into a global hub, where technology, data, and intelligence redefine FMCG trade; building predictive, autonomous, and sustainable economies of the future. As we look towards the launch of operations in Saudi Arabia, we are in advanced discussions with leading manufacturers and distributors across the Kingdom, who together contribute billions of dollars to FMCG trade.”
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- How can AI-driven insights from the RedAI Platform enable supply chain transparency for local distributors and retailers to make smarter business decisions?
AI-driven insights from the RedAI Platform unlock supply chain transparency for supply chain businesses, by translating billions of live trade signals into detailed market intelligence by category, from which intelligent recommendations and predictions can be made. By giving businesses the power to make smarter, real-time decisions—replacing guesswork with predictive accuracy—the inventory gap can be closed as overstock and understock become a thing of the past.
- How can RedCloud Arabia help retailers transition from traditional inventory management to predictive, data-driven decision-making?
Retailers are the final step in the supply chain, stocking the assortment of everyday products that customers want serving customers with the everyday products they need. By using the Red101 app from RedCloud Arabia, retailers are able to quickly re-stock their shelves, discover new products that are trending in their area, and source from multiple local suppliers, at the right price. With Red101, retailers gain clear, simple access to insights and buying recommendations—empowering them to keep shelves full, offer the best prices, and respond instantly to market shifts, without relying on guesswork.
