The concept of "sourcing locally" marks a significant advancement in procurement strategies. However, this shift introduces a fresh set of hurdles for Procurement teams. These include the meticulous assessment of local suppliers' qualifications, their seamless integration into existing operations, and the effective monitoring of their performance.
But what implications does this move towards local sourcing have for risk management and the stimulation of the local economy?
Join Ivalua, along with Eng. Salem Bafaraj, Vice President of In-Country Value & Industrial Development at ADNOC, and Mona Ahmed Balalaa, Manager of Market & Ecosystem Development at ADNOC, as we delve into the success story of ADNOC and their local sourcing impact in the Middle East.
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