Vallourec, a prominent player in the premium seamless tubular solutions market, has recently signed a Memorandum of Understanding with Advanced Supply Management Operations. This joint venture, created by DHL and Saudi Aramco through the Saudi Aramco Development Company, marks a significant advancement in supply chain services tailored for the energy, chemical, and industrial sectors across the MENA region. Established in 2024, ASMO aims to deliver comprehensive procurement and supply chain solutions, establishing itself as a crucial hub in Saudi Arabia.
The MoU between Vallourec and ASMO signals a collaborative effort to enhance supply chain operations through innovative solutions. ASMO is set to provide a wide range of services, including sourcing, procurement, inventory management, logistics, warehousing, and a Business-to-Business e-marketplace. With a focus on leveraging modern technology, ASMO intends to drive digitalization in supply chain management, creating significant value for companies operating within the region. This initiative is expected to streamline processes and improve efficiency for businesses reliant on these services.
Laurent Dubedout, Senior Vice President of OCTG, Services and Accessories at Vallourec, expressed the company's pride in being one of ASMO's inaugural partners. He emphasized that this partnership not only underscores Vallourec's reliability in Saudi Arabia but also aligns with its strategic ambition to digitize pipe supply chain management. Dubedout described the signing as a milestone that reinforces Vallourec's commitment to expanding its presence in the MENA region.
