Emphasising the strength of interest in the platform, a lot more than 140 executives representing Oman’s Oil and Gas operators, principal contractors and Omani SMEs attended the occasion.
The Joint Supplier Registration System (JSRS) is a ‘single window’ business level supplier certification method initiated by Oman Ministry of Oil & Gas that is constructed and operated by businessgateways hosted on the portal www.businessgateways.com. Suppliers of items and solutions need to mandatorily be JSRS Certified in order to bid for tenders floated by any of Oman’s Oil and Gas Operators. The JSRS reputation as a credible procurement platform has also noticed the formation of the Buyers Community which consists of huge corporate purchasers from other industries also, who now use the JSRS Certified suppliers for their typical procurement. Since the project initiation in 2014, the JSRS has attracted a lot more than 7,000 suppliers who are certified so far from Oman and 90+ nations.
The JSRS Roadshow carried out by businessgateways was aimed in certain to highlight the possibilities for JSRS-certified Omani SMEs who stand to advantage from a percentage of the worth of contracts exclusively earmarked for tiny organizations beneath the Ministry of Oil & Gas In-Country Value (ICV) programme. ICV eligible firms also take pleasure in a pronounced visibility and chance in the Contracts engaged by the Main Contractors as element of the provide chain procedure. The achievement of the ICV programme in fuelling SME improvement in the Oil & Gas business has prompted other industrial and financial sectors to embrace this initiative as nicely.
The highlight of the roadshow was a presentation by Petroleum Development Oman (PDO), Oman’s major Oil and Gas operator, on the positive aspects related with JSRS certification. Targeted mostly at the principal contractors of the Oil and Gas business, the presentation detailed the rewards accruing to JSRS Certified Omani firms via Oman’s ICV initiative, utilizing the newly introduced JSRS Contracts Management System.
Suppliers had been also encouraged to routinely update their enterprise profiles such as their items and solutions, in order to make certain their compliance and participation in possibilities floated by the operators and principal contractors. The JSRS Roadshow is the most recent in a series of interactions organised by businessgateways to actively engage with the Oman’s supplier neighborhood with the aim of driving residence the paramount significance of getting JSRS Certified, as a prerequisite for bidding for provide and service contracts.
Information Source: Muscat Daily