Inv-X Investor Roadshow

The First B2B Integrated Circular Supply Chain
Digital Ecosystem

There has and continues to be disbalance and disharmony within the supply chain world, significantly having a negative impact on the top lines of organizational balance sheets. This is caused by unused inventory and material, unnecessarily occupying valuable and expensive warehouse space due to unmovable obsolete or excess raw material to name a few. These disruptive phenomena were discussed during the Inv-X Investor Roadshow on 8th February 2023. Whether it is old or excess inventory, wooden scrap or construction waste, spares or accessories, inventory obsolescence prevails in all forms and is unavoidable within any industry and all its sub-segments. While one organization may have an excess number of items, another organization may be short on that same item.

As most of the current supply chains across all industries are traditional and linear, there is zero visibility across the industry to connect the supply with the demand. Currently, the dilemma of bringing in transparency into this domain of excess inventory within an organization in a segment of business as well as across differing business sectors is uncomforting for some and might even be a complete NO GO for others as revealing excess of any inventory can potentially lead to leak of competitive business confidential info. Hence, ignoring and not addressing this sensitive topic in the realm of excess unwanted inventory is a showstopper. While certain e-commerce platforms providing partial and limited solutions in certain areas of inventory management already exist today, they tend to focus on areas such as finished goods or spare parts to name a few. However, there is a huge pool of raw materials, packaging materials, equipment and assets, spare parts, and project related scrap that is not a part of the digital marketspace. It is a social, corporate, environmental, economic, and sustainable issue that has always existed, and contributing towards a win-win for industries as well as society is a mutual and collective responsibility.

Thriving nations such as the Kingdom of Saudi Arabia are leading initiatives in sponsoring sustainable business practices through programs such as the VISION 2030 of Saudi Arabia. Promoting a carbon circular economy that will reduce the impact of the global carbon footprint and reduce emissions is a pillar that is at the forefront of such an initiative. In line with Vision 2030 and further to HRH Muhammad Bin Salman’s announcement of envisioning the Kingdom of Saudi Arabia to becoming a global hub for the supply chain ecosystem, as the Kingdom aims to reach Net Zero by 20601, Inv-X aspires to be a part of this ambitious goal through a digital solution to connecting global supply chains for an eco-friendly circular supply ecosystem.

Inv-X is an endeavor that has been conceived by a subject matter expert.

The purpose of Inv-X is to create digital connectivity between buyers and sellers – to create a wholistic, global supply chain where all parties can communicate and trade with each other, have full transparency yet confidence of confidentiality, and are able to move around and repurpose inventory not just within their own supply chains but also outside it, both regionally and globally. Technology remains central, and all supply chains are interlinked and interconnected through Inv-X.

The establishment of Inv-X digital ecosystem shall pave the way for a practical and workable solution on supply chain sustainability via integrated circular supply chain management. It shall also provide a solution that reduces carbon footprint and eliminates waste. Moreover, it will allow for an improved cash conversion cycle as no inventory is being tied up. Furthermore, Inv-X gives organizations the opportunity to contribute and be an active part of the circular economy, thus creating multiple opportunities for industries to prosper and grow.

With Inv-X, one man’s trash becomes another man’s treasure.