Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s GASC is reportedly considering buying wheat directly from suppliers without international tenders. Offers directly from suppliers are expected to be consider for purchase and price negotiation by the Ministry of Supply. Some experts say that this may be a more cost-effective way for Egypt to arrange wheat supply from a wide range of sources. Egypt’s GASC continues to show both Ukraine and Russia as allowed origins on its wheat tenders. Egypt’s wheat reserves are at 2.6 month of consumption – well below the targeted level of six months and a level not seen in years. The drop is due to the reduced availability of Black Sea whe...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.