PwC comes up with framework to help drive localisation across public sector Dec 04, 2020 0 487 12345 Tribune News NetworkDohaSupply chain resilience constitutes a key strategic objective and a national security concern for all countries. It is even more critical for resource-rich nations that are highly dependent on imports such as GCC countries. The increasing global interconnection and trade, disturbances caused by natural disasters, pandemics such as COVID-19, man-made events, and economic turmoil and risks have further weakened supply chains.These risks can impact all stakeholders in the business cycle: the organisations, suppliers and customers, according to a new PwC publication that addresses the integration of localisation policies into public sector procurement. From the point of view of business continuity and risk management, it is important for governments to study the supply chain end-to-end to identify weaknesses and expected risks and be proactive when developing risk management strategies and crisis response plans.Realising the benefits localisation brings to the energy sector and to the wider economy, Qatar Petroleum (QP) has recently launched Tawteen. Tawteen is a supply chain localisation programme for the sector led by QP and includes the participation of all the Energy companies in Qatar. The programme consists of three key pillars; In-Country Value (ICV), investment opportunities, and supplier development. To-date, around 390 suppliers of goods and services across different sectors have posted their ICV scores which demonstrates a clear commitment to the programme. Dr Bashar El-Jawhari, Partner, Consumer and Industrial Products and Services at PwC Qatar, said, “Countries with well-designed policies for managing supply chain risks proactively will be better positioned to identify the impact of disruptive events on supply chains allowing them to assess how best to respond to such matters in a quick fashion. This ultimately leads to achieving their sustainability goals, reducing the likelihood of supply chain risks, as well as, building a more resilient economy.”In turn, PwC designed a localisation framework to help government officials and decision makers drive localisation across the public sector. The framework consists of the key elements required to execute a successful implementation strategy, including the following components — localisation vision, procurement integration, capacity development, localisation governance and enabling environment.PwC Middle East’s Local Value Creation series aims to provide a clear localisation framework to government decision makers and stakeholders throughout the Gulf Cooperation Council (GCC) countries for designing, implementing, and managing their countries’ national localisation agendas.This second edition of the series focuses on the operational side of localisation — namely, procurement integration. It provides a clear guide on what sectors stand to benefit the most from localisation, and how to achieve localisation objectives through the integration of the associated policies into public sector procurement. Pages 123 RELATED ARTICLES Vodafone opens retail store in Doha Festival City Dec 04, 2020 0 543 Gas is natural partner of world in recovery: GECF Dec 04, 2020 0 1245 Tesla sceptic Jim Chanos says he regrets betting against Musk Dec 04, 2020 0 349 Turkish inflation accelerates to cross 14% in November DPA Istanbul Consumer prices in Turkey increased by 14.03 per cent in November compared to the same month it 2019, led by a surge in food and service prices, official data showed on Thursday. In October, annualized ..