The General Authority for Small and Medium Enterprises, known as ‘Monshaat’, has been awarded the Certificate of Excellence in Procurement from the Chartered Institute of Procurement & Supply (CIPS) for achieving the highest standards of excellence in implementing global policies and procedures in the field of procurement.
This certification serves to enhance the quality and efficiency of internal procedures related to the issuing, purchasing, and contracting for the Authority’s projects. It also aims to boost the level of strategic relationships with contractors, contributing to promising outcomes that support and develop the small and medium enterprise sector in line with international best practices.
Monshaat secured this prestigious international accreditation following a comprehensive evaluation of its criteria and procedures across all stages of purchasing, contracting, and supply. This achievement is instrumental in establishing effective procurement and supply chain policies, ensuring their automation and control in accordance with recognized standards.
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The Chartered Institute of Procurement & Supply (CIPS) is one of the most prominent organizations in the procurement and supply field and is the primary reference for best practices in procurement recognized internationally.
