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00:00 Of course, Ramco Saudi always supports the supply chains and logistics services.
00:07 We are here today at the supply chain and logistics conference in my fifth edition.
00:13 We have been participating in this conference for five years.
00:17 The idea is to spread the knowledge and culture in managing the supply chains.
00:23 As you can see in the exhibition, everyone comes to learn and we learn from all the services available.
00:29 Especially in modern technologies that help develop the supply chains.
00:36 Ramco Saudi's supply chains are complicated, especially in the field of oil and gas.
00:47 That is why we always try to be advanced and developed in this field
00:53 to provide and deliver oil and gas to the consumers.
00:58 What are your plans for the future to develop the supply chains?
01:03 Especially since we see new technologies and AI is entering this field.
01:07 AI is one of the most important strategies of Ramco Saudi in developing the supply chains.
01:13 As I said, the supply chains in oil and gas are complicated.
01:20 That is why we are now working on a new program called digital integration in the supply chains.
01:30 This is the first time in the world that it is being implemented.
01:33 Digital integration is a virtual model of the original supply chain.
01:45 It is a model that is based on data to operations, from the factory to the consumer.
01:50 Digital integration will add a lot to the supply chain.
01:55 First, it will reduce the amount of waste in the industry.
02:01 Second, it will reduce the storage in the warehouses.
02:05 The warehouses are always based on virtual things.
02:09 Digital integration will bring the right number and ensure that the warehouse is ready and available without any additional things.
02:19 This is one of the technologies that we offer in Ramco Saudi.
02:23 We are proud of it and we will see it in the wider field in the Kingdom and outside the Kingdom.
02:29 You are certainly interested in the supply chain in other markets.
02:35 How do you develop these technologies and your future plans to connect with other markets?
02:44 We are always in contact with other markets.
02:48 You cannot deal with things without knowing what others offer.
02:52 We have many discussions on these issues, especially in the technology field.
02:59 We are now working on the sustainable supply chain.
03:04 This is one of the important points that we are working on.
03:07 Sustainability is part of the Kingdom's plan to reach zero waste by 2050.
03:15 Ramco Saudi's goal is zero waste by 2050.
03:19 We must see where others have reached and start from where others have finished and continue.
03:26 Our journey is ahead and we want to reach our goal as soon as possible.
03:32 What is your role in zero waste in the supply chain?
03:37 Zero waste is a goal that we must reach by 2050.
03:45 We produce blue and green nitrogen, and we also produce carbon storage and use it.
03:57 These are new developments.
04:00 Ramco Saudi has established a sustainable fund worth 5 billion riyals to support such technologies.
04:13 We want everyone to be directed.
04:15 The supply chain is not isolated from this.
04:20 We will see how nitrogen is used in buses and other things.
04:27 This is one of the things we are working on to achieve zero waste.