Government e Marketplace (GeM) facilitates online procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.
Government e Marketplace (GeM) Registration – A Game Changer For Seller
The registration on GeM Portal provide seller following benefits:
(1) Drive Business With Ease
(2) Direct Access to the Larger Buyers In The Country
(3) PAN India reach with minimal marketing
(4) Direct Purchase, Bids and Reverse Auctions.
(5) Dynamic Pricing Based on Market Conditions.
(6) Transparency and security for payment in Market Place.
The seller need to get GeM Registration to access the benefits of the portal by getting direct access to the larger buyers community, transparency and security for payment and PAN India reach with minimal marketing through interface of this portal. Now-a-days the seller get the chance for getting maximum orders with transparency through this e-portal with ease of doing business on PAN India reach.
Who Can Register under this GeM Portal
Any one of the following:
(2) Partnership Firm
(4) Limited Liability Partnership (LLP) / Company.
(5) Central Government/ State Government.
Seller Categories under which one Can Get GeM Registration as Seller
The seller can apply for GeM Registration under these categories:
(a) Original Equipment Manufacturer (OEM)
(c) OEM Service Provider.
(d) Non OEM Service Provider.
(e) Service Provider.
The GeM Registration drive the growth for business by giving seller immense opportunity to connect to buyers on PAN India Basis.
After Registration Online Benefits for Seller
After getting successful registration, the seller become GeM Registered Seller can do following activities online:
(1) Online Catalogue Management
(2) Online BID Participation
(3) Online Order Acceptance and Order Processing.
The GeM Interface provide Indian Buyers and sellers a platform to buy or sell goods/services at competitive price by managing profile on portal but for that one need to be GeM Registered Buyer/Seller.
Now-a –days the state government or central government prefer to give tenders only to those who are GeM registered as matter of transparency in business operation and ease of doing business as getting goods/services at competitive prices by clicking only. In the Modern-era, the information technology and government policies collaborate to provide one national market at your ease for running and growing business at PAN India Level.
Disclaimer: The Information provided is best to the knowledge and understanding of the author as on date. The Author is not liable for any loss, damage or inconvenience caused as a result of reliance on such information.
(The author is Practising Company Secretary and can be reached at 8375877464 or E-mail: [email protected]).