Nissan dominates Hail Nissan International Rally 2018

Nissan drivers claimed the top 11 places at the Hail Nissan International Rally 2018.
Updated 07 February 2018
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Nissan dominates Hail Nissan International Rally 2018

Nissan cars dominated last week’s Hail Nissan International Rally 2018, held under the patronage of Prince Abdul Aziz bin Saad bin Abdul Aziz Al-Saud, governor of Hail.
Race winner Essa Al-Doussary, Nissan Saudi Arabia’s official driver, gave an unforgettable performance in his Nissan Navara at the most important motorsports event in the Kingdom.
The second stage of this year’s rally was the longest in its 13-year history, at 354 kilometers. Although Al-Doussary faced some challenges, he exerted extraordinary efforts, winning by a margin of 8 minutes and 42 seconds at the conclusion of the rally’s 168.57-kilometer final stage.
Nissan drivers claimed the top 11 places. Second was Sami Al-Shammari in his Nissan Patrol Pickup, third was Ahmed Al-Shuahil, Muteb Al-Qnoon was fourth, Ahmed Al-Shaqawi came fifth, and Muneef Al-Salmani claimed sixth place, with a time of 10 hours and 13 minutes in his Nissan Patrol Y62.
Al-Doussary said: “This is my first time participating in the Hail Rally and I hope it is the first of many more. It was such a great experience. Being able to drive one of Nissan’s super cars, the Navara, made me very happy. It was a magnificent car. I only gave it maximum output on the final stage, during which I was challenged by the navigation systems, which delayed me a bit.”
Al-Salmani commented: “The Hail Nissan Rally is a great opportunity for aspiring Saudi drivers. I am very happy to have been part of it, and I’m very impressed by the strong performance of the Nissan Y62, so I’d like to thank Nissan for supporting me and supporting the Hail drivers.”
COO of Nissan Saudi Arabia Bader Al-Houssami said: “Hail Nissan Rally has proved itself a solid motorsport platform in Saudi Arabia and we’re proud to be the title sponsor. Hail Rally is a great platform to create champions, improve tourism, and convey the safe driving message across the Kingdom. We are very proud of this year’s results, proud of our drivers growing more skillful, and we look forward to improving more in the future.”
He added: “We will continue to support Saudi drivers, Hail Festival and the Hail Nissan Rally. We also look forward to the Hail Nissan Rally being included in the FIA cross-country rally championship calendar soon.”


Shaker Group posts efficiency program results

Updated 21 August 2018
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Shaker Group posts efficiency program results

Shaker Group, an importer, manufacturer and distributor of air conditioners and home appliances in Saudi Arabia, has announced results achieved by the company’s ongoing efficiency program. As group sales continue to face pressure — the result of a slowdown in the local construction sector — efficiency initiatives have become a core aspect of the company management’s strategy.
The group’s inventory dropped to SR598 million ($159 million) in Q2 2018, a decrease of 19.6 percent compared to the corresponding period in the previous year. This was driven by a conservative approach to re-ordering and the liquidation of selected items. In addition, trade receivables decreased to SR559 million, a 27.4 percent drop compared to Q2 2017, which was primarily due to a greater emphasis on collection before further sales.
The company has also rationalized employee costs, reducing the total to SR31 million for Q2 2018, as compared to SR38 million in Q2 2017. The company’s debt position has improved on a year-on-year basis, with total loans for Q2 2018 reducing to SR717 million, from SR830 million in Q2 2017 — a decrease of 13.6 percent.
Azzam Saud Almudaiheem, chief executive officer at Shaker Group, said: “Over the last year, we have focused on improving efficiency in all aspects of Shaker Group’s operations. This quarter we have reported lower expenses, which have been driven mainly by reduced employee costs and lower rental payments. Such reductions are the result of headcount optimization measures and rationalization of our outlet footprint, in line with the company’s ongoing efficiency program.”
He added: “We are pleased to see that our strategy is already proving to be effective, and we are continuing to work on initiatives that will increase efficiency and drive sales. In a challenging market environment, we remain focused on improving our margins by operating more efficiently as a business.”
The group has implemented various supply chain initiatives to transform fixed costs of rent and manpower into variable costs, reduce inventory levels by reducing safety stock, and improve freight consolidation opportunities. The company is also implementing Sales & Operation Planning (S&OP), to drive collaboration, focus and alignment across divisions and departments. Typical S&OP results could include a 50-70 percent reduction in planning cycle time, a 15-30 percent improvement in forecast accuracy, a 10-20 percent reduction in excess inventory and a 25 percent reduction in stock non-availability situations. In line with this plan, the group has successfully reduced its warehouses from 21 in 2016, to 13 in 2017, and four in 2018.