SABIL Company Profile

Background

Overview

SABIL, the National Grain Supply Company, is a subsidiary of the Saudi Agricultural and Livestock Investment Company (SALIC), which is wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. Established following Cabinet Resolution No. 440 on January 17, 2023, SABIL was created to manage the operational responsibilities of grain silos, including wheat procurement and strategic storage, previously held by the Saudi Grains Organization. The company plays a pivotal role in enhancing Saudi Arabia's food security by ensuring a resilient and sustainable grain supply chain.

Mission and Vision

Mission: To achieve the sustainability of the grain supply chain by providing best-in-class solutions, fostering strategic partnerships, and supporting producers and customers.

Vision: To enable the grain sector to strengthen food security through operational excellence across the supply chain.

Industry Significance

SABIL's establishment aligns with Saudi Arabia's Vision 2030, aiming to reduce import dependency and ensure the availability of essential grains during both normal conditions and global crises. By focusing on strategic planning, operational excellence, and minimizing food loss and waste, SABIL contributes significantly to the nation's food security objectives.

Key Strategic Focus

Core Objectives

Strengthen and Expand Grains Supply Chain: Ensuring resilient access to essential grain products in Saudi Arabia.

Optimize Grain Operations: Enhancing efficiency across the entire supply chain to maintain stability and reliability.

Maintain Strategic Reserve Capabilities: Establishing reserves to safeguard against global supply chain disruptions.

Areas of Specialization

Grain Procurement and Sales: Sourcing wheat and other grains from global markets to meet national needs, with plans to expand to barley, corn, and broader grain trade within the Kingdom.

Grain Storage: Managing strategic grain storage facilities in line with national standards, overseeing major facilities, with plans to expand services to other grains and commercial storage.

Logistics and Transportation Services: Operating port silos and enhancing transport networks, aiming to broaden logistics services to include bulk shipping and diverse agricultural products.

Asset Management: Managing and leasing unused properties to generate revenue through leasing or investment in related activities like grain processing and packaging.

Key Technologies Utilized

SABIL leverages advanced technologies to optimize its operations, including:

IoT Sensors: For real-time monitoring of grain storage conditions.

Automated Material Handling Systems: To enhance efficiency in grain handling and transportation.

AI-Driven Logistics Optimization: For predictive analytics and efficient resource allocation.

Primary Markets and Conditions Targeted

SABIL primarily serves the Saudi Arabian market, focusing on ensuring a stable and reliable grain supply to meet the nation's food security requirements. The company also aims to enhance supply chain resilience to address global supply chain disruptions.

Financials and Funding

Funding History

As a subsidiary of SALIC, which is wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, SABIL's funding is integrated within the broader financial structure of SALIC and PIF. Specific details regarding SABIL's individual funding history, total funds raised, and recent funding rounds are not publicly disclosed.

Notable Investors

SABIL is wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, which is a sovereign wealth fund investing in various sectors to support the Kingdom's economic diversification and development goals.

Intended Utilization of Capital

The capital allocated to SABIL is utilized to:

Enhance Grain Supply Chain Infrastructure: Develop and maintain grain storage facilities and logistics networks.

Implement Advanced Technologies: Integrate IoT sensors, automated systems, and AI-driven solutions to optimize operations.

Expand Operational Capacity: Increase grain procurement, storage, and distribution capabilities to meet national food security needs.

Pipeline Development

Key Pipeline Candidates

SABIL's pipeline development focuses on:

Grain Procurement Expansion: Sourcing additional grains such as barley, corn, and soybean meal to diversify the supply chain.

Storage Facility Expansion: Developing new storage facilities and expanding existing ones to increase capacity.

Logistics Network Enhancement: Improving transportation and distribution networks to ensure efficient grain delivery.

Stages of Development

SABIL is in the implementation phase of its strategic initiatives, focusing on:

Infrastructure Development: Constructing and upgrading storage facilities and logistics networks.

Technology Integration: Deploying advanced technologies for operational optimization.

Operational Scaling: Increasing grain procurement and distribution to meet growing demand.

Target Conditions

The company's pipeline development targets:

Enhanced Food Security: Ensuring a stable and reliable grain supply for Saudi Arabia.

Supply Chain Resilience: Building a robust supply chain capable of withstanding global disruptions.

Anticipated Milestones

SABIL anticipates achieving the following milestones:

Completion of New Storage Facilities: Increasing storage capacity to meet national needs.

Integration of Advanced Technologies: Enhancing operational efficiency through technological advancements.

Expansion of Grain Procurement: Diversifying the grain supply to include additional commodities.

Technological Platform and Innovation

Proprietary Technologies

SABIL employs proprietary technologies to enhance its operations, including:

Integrated Logistics Management Systems: For real-time tracking and management of grain movements.

Predictive Analytics Tools: To forecast demand and optimize supply chain operations.

Significant Scientific Methods

The company utilizes advanced scientific methods such as:

Data Analytics: For decision-making and operational improvements.

Supply Chain Modeling: To design efficient and resilient supply chain networks.

AI-Driven Capabilities

SABIL integrates AI-driven capabilities to:

Optimize Logistics: Enhance route planning and inventory management.

Predict Supply Chain Disruptions: Anticipate and mitigate potential disruptions.

Leadership Team

Board of Managers

Abdulrahman Al-Zoghaibi: Chairman of the Board of Managers.

Ahmed Shahini: Vice Chairman.

Mohammed Al-Fawzan: Board Member.

Badr AlSugair: Board Member.

Mansoor AlHelabi: Board Member.

Executive Management

Abdulrahman AlOwais: Chief Executive Officer.

Tariq AlSaudi: Chief Financial Officer.

Mauro Barbieri: Chief Operations Officer.

Fouad AlZahrani: Chief Shared Services Officer.

Fahad AlSabti: Chief Strategy & Transformation Officer.

Walid ElChoueiri: Legal Executive Director.

Mubarak AlDujain: Corporate Communication Executive Director.

Mahmoud AlHakeem: Governance, Risk and Compliance Executive Director.

Competitor Profile

Market Insights and Dynamics

The grain supply industry in Saudi Arabia is characterized by:

Growing Demand: Increasing population and consumption driving the need for stable grain supplies.

Strategic Importance: Grain supply is critical to national food security and economic stability.

Competitor Analysis

SABIL operates in a competitive landscape with several key players, including:

Saudi Grains Organization: Formerly responsible for grain procurement and storage, now integrated into SABIL.

Private Grain Traders: Companies involved in importing and distributing grains within the Kingdom.

International Grain Suppliers: Global companies exporting grains to Saudi Arabia.

Strategic Collaborations and Partnerships

SABIL collaborates with various stakeholders to enhance its operations, including:

Local Farmers and Milling Companies:

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