Engineering Resilience: Aramco's Strategic Supply Chain Advantage

This article explores Aramco's approach to supply chain resiliency, which is built on three core pillars: local manufacturing base, multi-geography sourcing, and strategic inventory management. Through its In-Kingdom Total Value Add (iktva) program, Aramco has successfully driven supply chain efficiency and value, adding to Saudi Arabia's GDP and increasing local sourcing. A benchmarking exercise highlighted the effectiveness of Aramco's strategy in building a resilient supply chain. 

In addition, this article, authored by and shared with APQC courtesy of Faisal Rashid of Aramco, provides insights into the future outlook of next-generation resilient supply chains and Aramco's focus on continuous improvement, highlighting the importance of redundancy, flexibility, and strategic inventory management in achieving long-term success and competitiveness.