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Gulf Press > Gulf > Saudi Arabia > Riyadh to host CIPS MENA conference on procurement and supply chains
Saudi Arabia

Riyadh to host CIPS MENA conference on procurement and supply chains

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Last updated: 2024/05/15 at 7:30 PM
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The CIPS MENA Conference for Procurement and Supply Chains will be held in Riyadh, Saudi Arabia on Thursday, bringing together experts and decision-makers from both public and private sectors. This conference, hosted by the Government Expenditure and Projects Efficiency Authority, highlights Saudi Arabia’s expertise in procurement and supply chain management. The agenda will cover important topics such as building sustainable supply chains, supporting local content, and addressing challenges in the industry. It will also explore the digital transformation in procurement, showcasing the latest advancements in technology. The conference aims to facilitate partnerships between procurement organizations in the private sector and government agencies, targeting specialists in the field, decision-makers, and technical systems companies.

One of the key focuses of the conference will be on building sustainable supply chains. This is essential for businesses to reduce their environmental impact and improve efficiency. By implementing sustainable practices in procurement and supply chain management, companies can enhance their reputation, attract investors, and contribute to a healthier planet. The discussions will delve into strategies for creating sustainable supply chains, including sourcing materials responsibly, reducing waste, and optimizing transportation logistics. Participants will learn from industry experts and share best practices to promote sustainability in their organizations.

Another important theme of the conference is supporting local content and promoting localization in the procurement and supply chain industry. This is crucial for economic growth and job creation in Saudi Arabia. By prioritizing local suppliers and manufacturers, businesses can contribute to the development of domestic industries and reduce dependence on imports. The conference will explore ways to increase local content in procurement processes, create opportunities for local businesses, and overcome challenges in localization. Participants will gain insights on the benefits of supporting local content and learn how to integrate localization strategies into their supply chain operations.

In addition to sustainability and localization, the conference will address current challenges in supply chains and explore the digital transformation in procurement. As the global business landscape evolves, companies must adapt to new technologies and trends to stay competitive. The discussions will cover emerging challenges in supply chain management, such as disruptions in the global supply chain, cybersecurity risks, and changing consumer preferences. Participants will also learn about the latest innovations in procurement technology, including AI, blockchain, and data analytics. By embracing digital transformation, businesses can streamline their procurement processes, enhance decision-making, and drive growth.

Moreover, the conference aims to foster partnerships between procurement organizations in the private sector and government agencies. Collaboration between the public and private sectors is essential for promoting economic development and advancing the procurement industry. By working together, companies can leverage each other’s expertise, resources, and networks to achieve common goals. The conference will provide a platform for networking, knowledge-sharing, and collaboration between stakeholders in the procurement and supply chain ecosystem. Participants will have the opportunity to connect with industry leaders, explore potential partnerships, and exchange ideas for driving innovation and growth in the sector.

Overall, the CIPS MENA Conference for Procurement and Supply Chains in Riyadh promises to be a valuable event for professionals in the field. With a diverse agenda covering sustainability, localization, digital transformation, and collaboration, the conference will provide a comprehensive overview of the latest trends and developments in procurement and supply chain management. Participants can expect to gain insights from industry experts, network with peers, and take away practical strategies for enhancing their procurement operations. By attending this conference, professionals can stay ahead of the curve and position themselves for success in the rapidly changing business environment.

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News Room May 15, 2024
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