SupplyChain Magazine March 2018 | Page 196

A step in the right direction in macro view
Internal overhaul
MAERSK LINE
Number of employees at Maersk Line ( Egypt )

130

A step in the right direction in macro view

The country ’ s currency devaluation and subsequent aim to tackle soaring interest rates has also impacted Maersk ’ s competitiveness across the region . Nonetheless , Samy is optimistic about what the year will bring . “ Egypt is a country that is advancing and therefore , we are expecting 5 % GDP growth for 2018 ,” he says positively .
“ Egypt is quite an important country for the company to be in because of the Suez Canal , as well as it being a major waterway for global trade . That is the intention - to grow more in Egypt , within this area and this coast .”

Internal overhaul

With high turnover rates and a transforming economic climate , Maersk Line Egypt has undergone a significant internal transformation . the company has outsourced most of its transaction-based roles , which previously accounted for up to 60 % of its workforce , Instead , has replaced these internal roles with ones which are commercially-focused , in order to
196 March 2018