The IKTVA Management and Compliance training course develops the practical knowledge required to manage localisation obligations throughout Saudi Aramco’s supply chain. The IKTVA initiative strengthens Saudi Arabia’s industrial capabilities, develops national talent and increases the economic value retained within the Kingdom. Effective management involves more than meeting compliance reporting requirements. Organisations must incorporate localisation objectives into procurement, contracting, workforce development, supplier management and investment decisions.
Participants gain a comprehensive, practical understanding of IKTVA requirements and their influence on procurement and supply-chain activities. They learn to analyse local expenditure and support the development of Saudi suppliers. The course also covers incorporating localisation requirements into tenders and contracts, monitoring performance and improving organisational IKTVA results. Participants examine how to strengthen data quality, manage compliance risks and establish a sustainable roadmap for increasing In-Kingdom value.
This IKTVA Management and Compliance training course will highlight:
- Understanding IKTVA requirements and their impact on procurement and supply-chain activities
- Analysing local expenditure and In-Kingdom value
- Developing Saudi suppliers effectively
- Integrating localisation requirements into tenders and contracts
- Monitoring performance and improving organisational IKTVA results
- Strengthening data quality, managing compliance risks and establishing a sustainable roadmap