Description
- GeM stands for Government e-Marketplace.
- It is an online platform introduced by the Government of India.
- Purpose: Facilitates procurement of goods and services by various government departments, organizations, and public sector undertakings (PSUs).
- Launch Date: August 2016.
- Administered by: Ministry of Commerce and Industry.
- Primary Objectives:
- Transparency: Brings transparency to the public procurement process.
- Efficiency: Enhances efficiency in procurement activities.
- Accountability: Ensures accountability in transactions and processes.
- Elimination of Manual Methods: Aims to eliminate manual procurement methods.
- Reduction of Paperwork: Reduces the need for extensive paperwork.
- Promotion of Digital Transactions: Encourages the use of digital transactions for procurement.
- Features:
- Provides a single platform for government buyers.
- Offers access to a wide range of products and services from registered sellers.
- Streamlines the procurement process for government entities.
Benefits of GeM Registration
- Customer Satisfaction.
- Better Market Image.
- Improved production & quality.
- Improved Internal communication.
- Production & efficiency improvement.
- Reduced wastage & cost per unit service.
- Conformance to international standard.
- Top line growth & bottom line improvement.
- Superior Quality.
- International Acceptance.
- Increased awareness among staff.
- Better management of business process.
- Competitive advantages.
- Your organization become more trusted.
- Get more business contract .
- Improves customers demand.
- Feel proud about your decision.
- Promote international standards in your organization.
- Increased creditability.
- Protect our business.
