Business Government e-Marketplace (GeM) Process: A Quick Guide by Tatva Consultancy February 20, 2025 written by Tatva Consultancy February 20, 2025 The Government e-Marketplace (GeM) is India’s procurement system, which is aimed at providing transparency and efficiency. Government departments, PSUs, and various other organizations need to buy services and goods seamlessly while maintaining healthy competition by minimizing delays. Our GeM Registration service in Ahmedabad helps businesses register on the platform, ensuring compliance and enabling them to access government procurement opportunities with ease. If you are a seller, business owner, or government buyer, this is how it works: Step-by-Step Guide to the GeM Registration and Procurement Process 1. Registering on GeM Two user types are: Buyers – Government departments, ministries, PSUs, and self-governing institutions. Sellers – Businesses, service suppliers, manufacturers, MSMEs, and providers. Sellers can post their products, and buyers make their purchases. 2. Listing Products & Services Sellers need to: Save images, pricing, as well as details of the product or service. Classify the offerings by usage and industry. Comply with GeM’s quality and technical standards. To increase efficiency during buying, it is easy for buyers to browse keyword search categories. 3. Procurement Process for Buyers Buyers have a variety of procurement techniques available depending on the value of the purchase: Direct Purchase: Competitive buying (Up to ₹50,000) L1 Purchase: Selecting the lowest price-accepting seller meeting all conditions. (₹50,000 – ₹30 lakh) Bidding & Reverse Auction: The offer having the best price with the best value quality wins the contract. (Above ₹30 lakh) Also Read: The Benefits of Government e-Marketplace Registration 4. Place Your Order and Make a Payment Buyers issue requests through a Purchase Order (PO). As promised, sellers accept, deliver on time, and ensure quality. After the audit, payment is processed electronically. Government buyers do pay on time because there is a schedule to follow. 5. Order Fulfilment & Monitoring The seller has to stick to the promised delivery date. Buyers check the goods/services for compliance. Orders can be viewed live, which guarantees sight of the delivery at all times. GeM Benefits Transparency – Eliminates favoritism and corruption. Efficiency – Eliminates documents and delays from human interaction. Cost-Saving – Competitive pricing is a boon to the buyers. Providing Opportunity to MSMEs – Supports fair competition among smaller enterprises. Early Payments – Safe and dependable payment systems. Final Words GeM is transforming public procurement with its digital-first, transparent, and efficient approach. Whether you’re a seller or a buyer, it makes everything simple for everyone. Exploring GeM with Tatva Consultancy Services will free up many opportunities! 0 comment 0 FacebookTwitterPinterestEmail Tatva Consultancy previous post NSIC Registration: Benefits & Process You may also like NSIC Registration: Benefits & Process February 10, 2025 Understanding the IEM Process: The Complete Guide for... January 27, 2025 With Tatva Consulting Services, India can obtain HACCP... October 19, 2023 An overview of Business registration process in India October 9, 2023 Trademark Registration for Brands in India July 16, 2023 IEM Registration: A Comprehensive Guide for Industrial Entrepreneurs March 21, 2023 Importance of Trademark Registration to Businesses: A Quick... March 18, 2023 The Benefits of Government e-Marketplace Registration March 15, 2023 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.