Mobile Magazine September 2024 | Page 65

stc Kuwait
these technologies are not yet fully deployed , stc is actively conducting proof-of-concept projects to explore their potential in enhancing operational efficiencies and market competitiveness
By embracing innovation and expanding its service offerings , stc is shaping the future of telecommunications in Kuwait .
Navigating procurement challenges and driving business success Aswani also highlights the effects of COVID-19 and regional geopolitical instability , which have significantly influenced operations – particularly when it comes to rising shipping costs and inflation .
“ COVID-19 pandemic and regional geopolitical instability have had profound impacts on our operations as a telecom operator ,” Aswani explains . “ One of the most significant challenges we ’ ve faced is the sharp rise in shipping costs and inflation . The pandemic disrupted global supply chains , leading to delays and increased expenses in sourcing essential equipment and materials . These factors put pressure on our margins and operational efficiency . In response , we ’ ve had to adapt by optimising our supply chain , negotiating better terms with suppliers , and leveraging local sourcing where possible . While these challenges are significant , they have also underscored the importance of agility and strategic planning in navigating uncertain times .”
Aswani also describes the pivotal role of procurement in driving business success and value creation for stakeholders .
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