Benefits of GeM
Benefits of GeM
The government, sellers, and Indian industry and economy all gain from the government e-marketplace. Let's examine the advantages for various stakeholders:
Buyers
- Provides in-depth posting of items for certain classifications of goods and services
- Facilitates finding, deliberating, choosing, and purchasing facilities.
- Allows for the on-demand purchase of goods and services on the internet.
- Provides clarity and simplicity in the purchasing process
- Guarantees an ongoing merchant rating system.
- A progressive, simple-to-use interface for making purchases, examining supplies, and making payments
- Planning for a straightforward goods trade
Sellers
- Convenient access to all government offices at once
- One-stop shop for promoting with inconsequential efforts
- Single-stop reverse auction and offer search for goods and services
- Sellers have access to a new product suggestion facility.
- Pricing can vary dynamically in response to market conditions.
- Seller-friendly dashboard for providing, verifying supply, and payments
- Consistent and uniform procurement practices