The Institute of Banking and Business Management or IBBM is making communication between buyers and suppliers more efficient with the launch of its Supplier Management Portal (SMP).

The Supplier Management Portal, is an online platform where buyers can easily reach out to suppliers and initiate communication, making business deals more convenient.

As a supplier, the SMP is targeted to be the gateway to connect with business opportunities, access capacity building programs and enjoy business-to-business engagements.

All types of businesses are welcomed on this portal which aims to provide an opportunity to create a robust profile of companies, highlighting its competencies, capabilities through showcasing a product or service.

IBBM’s Chief Executive Officer Susil Nelson Kongoi explained that thanks to a partnership with Exxon Mobil since 2010, IBBM Enterprise Centre was able to establish a supplier database to facilitate contracting opportunities between local businesses and contractors at large.

To date, there are 3325 suppliers currently registered across 19 industries.

“The aim of the Bisnis PNG SMP platform is to go beyond the extractives.

“Because by providing opportunities for our local businesses, we actually help them to grow and sustain their small businesses, in the process creating economic wealth for Papua New Guineans,” Kongoi said.

Interested companies can visit the Bisnis PNG website to register.