Wadi Glass success is built on its long-term strategic alliances. These are formal relationships formed between Wadi Glass and other parties to pursue a set of agreed upon goals or to meet a critical business need while remaining independent organizations.
This arrangement would provide the alliance with resources such as products, distribution channels, manufacturing capability, project funding, capital equipment, knowledge, expertise, or intellectual property. Following synergies to this alliance, could mean:
Access to distribution channels and international market presence
Access to products, technology, and intellectual property
Access to partner's capital
New markets for products and services or new products for customers
Increased brand awareness through partner's channels
Reduced product development time and faster-to-market products
Reduced R&D costs and risks
Rapidly achieve scale, critical mass and momentum (economies of Scale)
Establish technological standards for the industry
By-product utilization
Management skills
Benefits of a strategic alliance
