Supply Chain Value Management in Saudi Arabia: How Enterprises Are Rethinking Procurement Strategy

The Procurement Pressure Saudi Enterprises Face

Vision 2030's localisation requirements mean that the lowest-cost supplier is frequently not the qualifying supplier. Procurement leaders must simultaneously manage cost, quality, compliance, and strategic alignment in ways that previous frameworks were not designed to handle.

What Value Management Adds

Traditional procurement focuses on price. Value management focuses on function. The question is not what does this cost, but what does this do, and is there a better way to achieve the same function at lower total cost? In our experience, FAST diagramming typically reveals 15 to 30 percent of specified requirements that do not connect to any core business function.