RIYADH: The Supply Chain and Logistics Conference in Saudi Arabia, which wrapped up on Dec. 16 in Riyadh, saw the signing of 91 agreements totaling SR8.3 billion ($2.2 billion). The two-day event, held under the patronage of Minister of Transport and Logistics Saleh Al-Jasser, focused on optimizing supply chain performance, improving logistics efficiency, and exploring new investment opportunities — all aligned with the Kingdom’s Vision 2030 strategy.
The conference brought together key stakeholders, including ministers, senior officials, top executives, and representatives from both local and international organizations, to discuss the latest advancements in supply chain management and global logistics trends.
In addition to the agreements, the event featured an exhibition with 65 participating companies and hosted eight specialized workshops. These sessions covered a broad spectrum of topics aimed at enhancing supply chain operations and adapting to evolving logistics demands.
One of the standout features of the conference was the Innovation and Entrepreneurship Corner, which displayed cutting-edge technologies such as a solar-powered vehicle and integrated platforms designed to streamline shipping and warehouse management for e-commerce businesses and retailers. These innovations aim to empower logistics teams and enhance omnichannel sales strategies.
A major theme of the discussions was the Kingdom’s progress in enhancing its supply chains and logistics infrastructure, which has become a vital component of Saudi Arabia’s drive for global competitiveness.
Key areas of focus included the role of artificial intelligence, data analytics, and digital innovation in strengthening the logistics sector and supporting the country’s broader economic objectives.
The importance of Saudi Arabia’s transport infrastructure, especially its extensive road network, was also emphasized as a fundamental asset in advancing logistics operations.
The conference aimed to solidify Saudi Arabia’s position as a leading global logistics hub, facilitating trade across Asia, Africa, and Europe. It also emphasized the development of export strategies to boost economic growth, foster collaboration between the public and private sectors, and highlight the Kingdom’s expanding role in global supply chain networks.
Through initiatives like these, Saudi Arabia continues to enhance its strategic importance as a central player in international trade and logistics.
Source: www.arabnews.com
