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Tuesday, April 20, 2021



News / Press Releases

Zaheer Mahmood, OTNís Community Manager resigns...... >>

BankMuscat successfully concludes 9th CD auction        

MUSCAT ó BankMuscat, the leading financial services provider in the Sultanate, successfully closed its ninth Certificate of Deposit (CD) auction, which was oversubscribed to the extent of RO 8.4 million against the issue size of RO 20 million. .................>>

Renaissance arm awarded multi-million dollar engineering contract 

MUSCAT ó Topaz Engineering, a division of Renaissance Servicesí wholly-owned subsidiary Topaz Energy and Marine, has recently secured a multi-million dollar, EPC contract from Fujairah Refinery Company, to complete construction of pipelines interconnecting the Port of Fujairah facilities for Oil Terminal 2 and Oil Terminal 1.. .....................>>

CBO Board of Governors to meet on Dec 20   

MUSCAT ó The Central Bank of Omanís Board of Governors will hold its 148th meeting on December 20. The meeting will be chaired by Dr Ali bin Mohammed bin Moosa, Health Minister and Deputy Chairman of the board. ....................>>.

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Services >> The Intelligent Supply Chain


Inventory management, efficient replenishment, and procurement are critical processes within any supply chain. The goal for any supply chain decision-maker is to manage stock inventory using knowledge based on fluctuating consumer demand.

By integrating your key business applications and processes with those of your trading partners, you can ensure that important decisions are based on knowledge and intelligence. OTNís Services enables you to share information with trading partners around the globe.

Built on open-standards technology the service can transmit data formats that you specify. OTNís iX2 can be accessed either via the Internet, or via a direct link and it offers resilient, secure architecture and data-tracking services. OTN provides community management services and 24x7 client support.

With Omanís largest electronic trading community of more than 2500 partners, we recognize that our customers have to step up to the next level to win in the 21st century market place, so we can focus our knowledge about Supply Chains and technology to create electronic solutions that produce certainty, time and cost in complex Supply chain processes.

But what exactly make a Supply Chain intelligent?

   Investing in knowledge
   Customer demand
   Product availability
   Delivery schedules
   Inventory forecasts

First of all it is a Supply Chain that becomes efficient by investing in knowledge rather than plan capacity and inventory.

   Links partners electronically
   Real-time access to information

It is a Supply chain that links trading partners around the world electronically. Letting them capitalize on the speed and access provided by leading-edge technology. The advantages are clear - you and your business partners have real-time access to the vital information you need to make critical decision in a timely manner.

   Suppliers become more involved
   Customers help plan & build products
   Companies achieve goals faster
   Increase revenues
   Drive out inefficiency
   Decrease cycle time
   Strengthen customer service

 When you put intelligence into a Supply chain, supplier becomes more involved in making and moving products. Customers help plan and build products they buy and companies achieve their business goals faster.

OTNís service provides the core enabling technology (iX2) to add intelligence to your supply chain.

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