Empowering the Saudi Supply Chain

Empowering the Saudi Supply Chain

October 23, 2014 at 11:10am

The economic development benefits of increasing the input of local labor, goods and services into the supply chain is a growing focus for multilateral development organizations. With its commitment to supporting the economic development in the region, GE is making the expansion of its local supply chains a key priority.

Supporting these efforts in Saudi Arabia, GE recently hosted its second annual Saudi Supplier Conference in Dammam. More than 120 local entrepreneurs, including representatives of small and medium enterprises (SMEs), attended the daylong event, which focused on growing the local GE supply chain across the Kingdom.

By becoming part of the GE supply chain, Saudi companies – including SMEs – gain the confidence, technical know-how and experience needed to enable them to be qualified global suppliers. As a result, these local companies will then strengthen the Kingdom’s manufacturing sector by improving quality systems and standards.

Conference presentations outlined opportunities across a wide range of sectors and industries, including oil and gas, power and water, renewable energy and nuclear energy. Speakers explained the supply-chain needs of each sector, as well as trends locally and globally that are impacting the local supply chain.

During the conference, information on how local companies can qualify as a certified Saudi supplier was shared and discussed. The audience also learned about GE’s global supplier program, which allows certified participants to supply GE projects globally.

Today, GE has qualified 290 Saudi suppliers and 140 SMEs to support GE’s activities in the Kingdom.

For more on GE’s eight decades of work to support growth and development in Saudi Arabia, click here.

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