GCC supply chain panel holds meeting

DOHA: The 27th meeting of the GCC Oil & Gas Companies Supply Chain Committee (GCCSC) was held at the Sharq Village & Spa on November 27-28 under the auspices of the Corporate Purchasing & Contracts Department of Qatar Petroleum (QP). 
This bi-annual event is part of the ongoing coordination activities of senior purchasing and contracting executives from the national oil & gas companies of GCC countries. 
The meeting was the follow-up to the first one hosted by Qatar in May this year. The GCCSC was originally formed under the patronage of QP in the year 2000, with an aim to foster cooperation among GCC oil & gas national companies in the relevant fields. 
In his keynote speech, Ahmed Abdul Rahman Al Mulla, QP Corporate Manager for Purchasing & Contracts, reiterated his firm belief that the Supply Chain Managers Coordination Committee should continue to remain as the foundation for successful cooperation and transfer of knowledge among respective GCC national oil and gas companies in the relevant fields. 
He also emphasised the need for continued dynamism and commitment on the part of industry leaders towards making tangible achievements by way of supporting each other’s critical needs to maximise operational profitability and enhance social responsibilities. 
Al Mulla made appreciative references to the ongoing and past incidences of mutual exchanges of critical operational materials between QP and other member organisations, thus resulting in avoidance of revenue losses for the respective member organisations. 
During the meeting, the delegates made a number of presentations that provided a wide range of topics for deliberations and promoted the sharing of knowledge and best practices.
 The principal theme of the discussions focused on innovative ways of transforming procurement and supply chain management activities to make them more strategic in nature and to instill enhanced local contents by way of advanced utilisation of regional and national resources. 
The two-day long meeting also accorded the participants opportunities to engage in a mutual exchange of information and insights relevant to major economic events in the region and across the globe that have directly or indirectly impacted the operations of industries and businesses. 
The Peninsula