Transforming the Saudi Arabian Supply Chain Landscape by Implementing Sustainability and Circularity
Achieving sustainability and a Net Zero future by 2060 are essential goals of Saudi Arabia's Vision 2030. The Kingdom is a frontrunner in the fight against climate change and energy inefficiency by implementing cutting-edge solutions like the Circular Carbon Economy (CCE) and a more varied energy mix in which 50% of energy will come from renewable sources by 2030.
In order to achieve Saudi Arabia's Vision 2030 objectives towards a sustainable supply chain to boost the circular economy. The 5th Supply Chain and Logistic Conference on October 23, 2023, in Riyadh, Saudi Arabia, is scheduled to discuss the importance of sustaining national supply chains.
Supply chain Sustainability and circularity are critically important for all supply chain leaders and professionals, regardless of their industry or role. However, the Kingdom of Saudi Arabia must try to lessen their country's dependency on oil by diversifying the economy.
What is Supply Chain Sustainability?
Supply chain sustainability is the practice of managing supply chains in a way that minimizes environmental and social impacts, while also maximizing economic benefits. It involves considering the sustainability of all aspects of the supply chain, from raw material extraction to product disposal.
What is Supply Chain Circularity?
Supply chain circularity is a subset of supply chain sustainability that focuses on designing and operating supply chains in a way that keeps resources in use for as long as possible. This involves reducing waste, recycling and reusing materials, and designing products for durability and reparability.
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz
Crown Prince, Prime Minister, & Chairman of the Council of Economics and Development Affairs
Climate action will enhance competitiveness, spark innovation, and create millions of high-quality jobs. Young people in the kingdom and the world are demanding a cleaner, greener, and more inclusive future, and we owe it to them to deliver on this.
Why are Supply Chain Sustainability and Circularity Important in Saudi Arabia?
Saudi Arabia is facing several challenges related to sustainability, including climate change, water scarcity, and pollution. Supply chain sustainability and circularity can help the country address these challenges by reducing greenhouse gas emissions, conserving resources, and reducing waste.
Supply chain sustainability and circularity can help Saudi Arabia diversify its economy and create new jobs. The circular economy is estimated to be worth $4.5 trillion by 2030, and Saudi Arabia has the potential to be a Leader in this sector.
How can Supply Chain Leaders and Professionals in Saudi Arabia Contribute to Supply Chain Sustainability and Circularity?
There are several ways that supply chain leaders and professionals in Saudi Arabia can contribute to supply chain sustainability and circularity. Some examples include:
🔘 Reducing Waste
This can be done by optimizing production processes, designing products for durability, and reducing packaging.
🔘 Recycling and Reusing Materials
This can be done by working with suppliers to ensure that materials are recyclable and reused whenever possible.
🔘 Designing Products for Durability and Reparability
This can help extend the product life and reduce the need for replacement.
🔘 Sourcing Sustainable Material
This involves working with suppliers that use sustainable practices to extract and produce raw materials.
🔘 Investing in Renewable Energy
This can help reduce supply chains' environmental impact.
🔘 Educating and Training Employees
Employees need to be aware of the importance of supply chain sustainability and circularity and be trained on how to implement sustainable practices.
Supply chain sustainability and circularity are essential for Saudi Arabia to achieve its economic and environmental goals. Supply chain leaders and professionals in all industries have a role to play in making supply chains more sustainable and circular.
Here are some specific examples of how supply chain leaders and professionals in different industries in Saudi Arabia can contribute to supply chain sustainability and circularity:
🔘 Petrochemical companies can reduce their environmental impact by using renewable energy sources, recycling and reusing materials, and developing new sustainable products.
🔘 Mining companies can reduce their environmental impact by using more efficient mining methods, recycling and reusing materials, and restoring mined land.
🔘 Agricultural companies can reduce their environmental impact by using sustainable farming practices, reducing food waste, and developing new sustainable food products.
🔘 Automotive companies can reduce their environmental impact by designing more fuel-efficient vehicles, using recycled materials in vehicles, and developing electric vehicles.
🔘 Logistics and Distribution companies can reduce their environmental impact by using more efficient transportation methods, optimizing delivery routes, and using recycled packaging.
🔘 Food and Beverage companies can reduce their environmental impact by using sustainable farming practices, reducing food waste, and developing new sustainable food products.
🔘 Consumer Electronics companies can reduce their environmental impact by designing more durable products, using recycled products, and making it easier for consumers to repair and recycle products.
🔘 Building Materials companies can reduce their environmental impact by using recycled materials in building materials, developing energy-efficient building materials, and working with customers to design and build sustainable buildings.
🔘 Real Estate developers can reduce their environmental impact by developing sustainable buildings, using recycled materials in construction, and investing in renewable energy.
🔘 Technology companies can reduce their environmental impact by using renewable energy in data centers, designing more energy-efficient products, and developing new sustainable technologies.
By working together, supply chain leaders and professionals in Saudi Arabia can make significant progress toward creating more sustainable and circular supply chains.
The fifth Supply Chain and Logistic Conference on October 22 - 23 2023
Four Seasons Hotel - Riyadh, Saudi Arabia
On October 23, 2023 at 10:30 to 11:00 a.m. Denice will share Insights and a Roadmap with supply chain leaders and professionals from Petrochemicals, Mining, Agriculture, Automotive, Logistics, Distribution, Food and Beverage, Consumer Electronics, Building Materials, Real Estate, and Technology in Saudi Arabia who contribute their efforts in Logistics, Warehousing, Distribution, Manufacturing and Procurement,
Register for your free attendance pass at the Fifth Supply Chain and Logistics Conference 2023
About the Keynote Speaker and Master Class Instructor
Denice Staaf is also known as the Supply Chain Diva by the global supply chain and sustainability community. She got her master's from Harvard University focused on Environmental Management and Sustainability. She contributed to the development and progress of corporations such as LaFarge Holcim, CEMEX, Maglin, Boral, Trespa, ElastoChem, Panel Rey, Good for Life, and ArcelorMittal in internationally recognized Environmental Declarations, Carbon Footprints, Sustainability, Circularity, Hazard Screening, Green Building Materials, and sits on the Technical Committee for Standards setting for Sustainable Building Materials.
Supply Chain Sustainability with Circularity to Drive Profitability
Master Class
Denice will be delivering an Extensive Master Class from October 22 to October 26, 2023, in Riyadh with passionate Supply Chain Leaders in Saudi Arabia and the Middle East Region on Supply Chain Sustainability with Circularity to Drive Profitability with Breakout Sessions, Group Exercise on Process Mapping, and Waste Elimination, with diverse case studies on successful initiatives by Global Organizations that lead them toward a Sustainable and Circular Supply Chain.
About the SCSC Master Class
Circularity is a methodology to reduce risk by eliminating waste and pollution in your supply chain. Circularity is above lean, superefficient supply chains by removing unnecessary inputs to the products and services, thus increasing profits and contributing to a more resilient supply chain. Therefore, it is critical to understand circularity and the work you can do today on your supply chains; it is meant for tier 1, tier 2, and tier 3 suppliers and manufacturers alike.
If you are a Supply Chain Leader and want to attend the master class, contact Sem Bekiri today at sem.bekiri@ilead.swiss or reach directly at +41-779-820-184
If we work together, we can change the face of sustainability and establish truly circular supply chains. Let's work together to make a difference and contribute towards achieving Saudi Arabia's Vision 2030.
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