Basim Bin Yacob Alhamer, the Minister of Housing in Bahrain, and the Chairman of Bahrain Tender Board, officially inaugurated the first edition of the Procurement Middle East Conference today.
The one-day pre-conference workshop (22 May) and two-day conference is held under His Excellency’s Patronage, as more than 100 delegates and 13 expert speakers gather to discuss evolving trends and new opportunities in the region’s procurement and supply processes.
Organised by Messe Frankfurt Middle East, the Procurement Middle East Conference analyses how procurement can be effectively managed in the ever changing business landscape in current and future economic conditions.
Delivering the inaugural address today, His Excellency Alhamer said: “Bahrain has a track record as a modern international business economy stretching back several decades and has always been a regional pioneer, with a constant drive for further improvements and innovations.
“Since its inception, the Bahrain Tender Board has achieved remarkable success and has earned a reputation for its integrity, fairness, competitiveness and equal opportunity, and has achieved total transparency in all aspects of purchasing procedures by the Government.
“This has undoubtedly played a major role in boosting investors’ confidence in the nation’s economy, and enhancing the prestigious status of the Kingdom of Bahrain, both regionally and internationally.
“As governing authority in Government tenders and purchases, the Tender Board is committed to supporting the Kingdom’s far-reaching programme of economic, business and social reforms, and is delighted to support important conferences such as Procurement Middle East,” added His Excellency Alhamer.
Headline speakers on first day of the Procurement Middle East Conference include Hariharan Laxminarayan, Senior Associate of Purchasing (GM), Supply Chain Management Corporate Services, Emirates Global Aluminium, UAE; Khalid Al Rafaei, Manager of Materials and Sales at the Bahrain National Gas Company; and Naiyer Hussain Head of Supply Chain and Procurement at Saudi Ceramics.
The dedicated summit concludes tomorrow at the Crowne Plaza Bahrain, with pertinent topics such as Corruption in Procurement, Strategies for Supplier Performance Measurement and Management, and the Rebranding of the Procurement Function under the spotlight.
Ahmed Pauwels, CEO of Messe Frankfurt Middle East, said: “With the new realities of the business environment in the region, procurement processes in organisations – both public and private sector – are now under the spotlight.
“Changing trends in global sourcing and outsourcing, procurement management, inventory and warehouse management, contract management and negotiation of contracts are now becoming all the more important given the current economic conditions.