Efficio, the procurement experts, have been shortlisted in the ‘Best Procurement Consultancy Project’ category at the CIPS Middle East Supply Management Awards 2018 for their work on the Government of Saudi Arabia’s local content initiative.
The award recognises an organization that supported a procurement function or an organization’s purchasing and supply chain activity by providing advice, consultancy, training, recruitment or another service on a particular purchasing project.
The Government of Saudi Arabia engaged Efficio to design procurement laws and processes that encourage the long-term economic development of Saudi companies. The Efficio team built a complex economic model of the Saudi economy to forecast benefits for both Saudi employment and GDP. The changes were approved by the Legislative Executive of the Government of Saudi Arabia and are currently being implemented, with supporting legislative and procedural reform.
Jens Pedersen, CEO of Efficio, said:
We’re proud to have been shortlisted for a project that aims to develop a long-term sustainable supply base to support future prosperity in Saudi Arabia. The Government’s swift implementation of all our recommendations reflects the exceptional standard of work carried out by the Efficio project team.
The awards ceremony will be held on 27 June at H Hotel Dubai.
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