The Government E Marketplace has emerged as a professional portal for online procurement of goods, services, and products. The services of the GeM portal allow cost efficiency and reduce the time required for procurement.
Here is a quick guide by India’s top GeM portal and GeM registration consultant. Understand the entire process in just one go to become an expert!
Index:
- What is GeM?
- How does GeM work?
- What is the Procurement Process on the GeM Portal?
- What are the Benefits of the GeM Portal?
- How to log in to the GeM portal?
- How can we help as a GeM consultant?
What is GeM?
GeM makes the services and products required by governmental departments visible to all sellers. It works on three values: efficiency, transparency, and inclusivity.
It has transformed the procurement process through accountable practices and encouraged local sellers, MSMEs, and start-ups to participate in the buying and selling of goods and services to government departments.
The Three Pillars of GeM
Efficiency
The integrated services provided on the GeM portal enable the use of product categories, catalogue management, order processing, and payment options available at once.It enables a uniform and failsafe way for buyers and sellers to work.
Transparency
A Government platform devoted to GeM has resulted in transparent functioning where all stakeholders have information regarding tenders, vendors, and prices.The GeM portal has reduced corruption and partiality while promoting fair play between buyers and sellers.
Inclusivity
The prominent use of GeM has increased opportunities and growth among micro, small, and medium enterprises (MSMEs) and small businesses. The increased competition has upscaled companies providing services and boosted the quality of products
They can easily participate in Government procurement by logging in to the GeM portal. An easy guide to login is given below!
How does GeM Work?
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Registration: Both buyers (Government entities) and sellers (businesses) need to register on the GeM portal. The registration process involves verification using Aadhaar, a unique identification number in India, ensuring secure participation.
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Product/Service Listing: Once registered, sellers can list their products or services on the platform. This includes creating detailed descriptions, specifying prices, uploading relevant documents, and categorizing their offerings for easier browsing by buyers.
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Buyer Search and Selection: Government buyers can search through the vast product catalog using filters based on category, specifications, price range, and seller location. This simplifies the process of finding the most suitable options.
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Procurement Methods: GeM offers different procurement methods to cater to various purchase needs:
- Direct Procurement: For low-value purchases (up to Rs. 25,000), buyers can directly purchase from any GeM seller meeting their requirements and offering a reasonable price.
- e-Bidding: This method allows buyers to invite bids from multiple sellers for a specific product or service. Sellers compete by submitting their most competitive offers, and the buyer awards the contract to the one with the best combination of price and quality.
- Reverse Auction: In this method, the buyer specifies the product or service they need and a budget range. Sellers then submit bids with their lowest proposed prices. The contract is awarded to the seller offering the lowest qualifying price.
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Order Placement and Payment: Once a buyer selects a seller through their preferred method, they can place an order directly on the GeM portal. The platform facilitates secure online payments, ensuring transparency and faster transactions.
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Delivery and Dispute Resolution: Sellers are responsible for safe and timely delivery of the ordered goods or services. GeM provides a dispute resolution mechanism to address any issues that may arise during the transaction process.
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What are the Benefits of the GeM Portal?
Why should your business/OEM register on the GeM Portal? Here are a few advantages to show what’s in it for you as a buyer or seller!
For Government Buyers:
- Goodbye, Paperwork: GeM eliminates mountains of paperwork and manual processes, making procurement faster and more transparent. No more room for errors or potential corruption.
- Shop Around: Buyers have access to a vast pool of sellers across India. This competition typically leads to better pricing through features like e-bidding and reverse auctions.
- Find What You Need: A user-friendly platform with filters and search functions makes finding the right product or service a breeze. No more sifting through endless paperwork or unclear catalogs.
- Quality Matters: Sellers need to provide detailed information and specifications. In some cases, GeM may have additional quality control measures to ensure you get what you pay for.
- Track It Live: Follow your order’s progress in real-time, so you always know when to expect your delivery.
For Businesses Selling to the Government:
- National Reach: GeM opens doors to a massive pool of potential customers across the country, expanding your market reach significantly.
- Simpler Selling: Gone are the days of complex procedures and mountains of paperwork. GeM streamlines the process for submitting bids and proposals.
- Fair Chance: Small and medium businesses (SMBs) can compete on an equal footing with larger companies thanks to GeM’s transparent bidding system.
- Save Money: The online platform eliminates the need for physical marketing and reduces administrative costs associated with traditional tendering processes.
- Faster Cash Flow: Secure online payments through GeM ensure you get paid quicker compared to traditional methods.
How to register/sign up/log in to the GeM portal?
Sign up through the following steps:
- Open the GeM portal website.
- Click on the “Sign Up” button located at the top right corner.
- Choose to register as a buyer or a seller.
- Fill in the required details, including User Identification, Contact Information, and Verification Documents.
- Submit the registration details.
- Wait for verification and approval from GeM administrators.
- Once approved, you can log in to your GeM account.
Some details required for signing up as a buyer/seller
- User Identification
- Contact Information
- Verification Documents
Login through the following steps:
- Open the GeM Portal website.
- Click on the “Login” button located at the top right corner of the portal.
- Fill in your User ID and Password.
- Complete any additional verification steps required.
- Once verified, you will be logged in to your GeM account.
Once logged in, you will land on the dashboard or main page of the GeM portal.
How can we help as a GeM consultant?
GeMTech PARAS provides user-friendly and accessible GeM consultancy services to sellers wishing to participate in procurement with the Government of India through the GeM Portal.
The services we provide:
- GeM registration consulting
- GeM vendor assessment (risks, techniques and much more)
- Comprehensive GeM Masterclasses and corporate training
- GeM tender consulting, search & participate
- UDYAM online registration and verification guide
- Competition Insights
- Business Analytics
Explore more about GeMTech PARAS for top notch services and comprehensive guides about everything related to the GeM Portal.
