Simple Growth Opportunities: Leveraging Direct Purchase on GeM Portal for MSMEs with TendersPlus

The Government e-marketplace (GeM) has emerged as a game-changer for businesses, particularly Micro, Small, and Medium Enterprises (MSMEs), fostering inclusivity and economic empowerment. Till now, the GeM Portal (Government e-Marketplace) has achieved a groundbreaking GMV of 600,000+ Crores, surpassing 200,000 Crores this fiscal year with an impressive 50% CAGR, and sees MSMEs securing 49.1% of orders, highlighting its commitment to inclusivity and economic empowerment. GeM Portal has made the process of government procurement simpler and connects buyers with suitable sellers online, increasing opportunities for MSME's.

The Government e-marketplace (GeM) in India facilitates various types of purchases to meet the procurement needs of government organizations. Some of the common types of purchases on the GeM platform are Direct Purchase, Bids and Tenders, Reverse Auction, Rate Contracts, Bulk Buying, SME/MSME Purchases, Services Procurement, Customised Bids, and more.

In this article, we will cover the Direct Purchase Process on GeM Portal wherein the buyers can make direct purchase orders from the registered sellers on the GeM Portal for easy procurement. This process is like customers buying products online from an e-commerce platform like Amazon, Flipkart, and other e-commerce sites. The following are the critical points for direct purchase on the GeM portal:

1. GeM Registration: The seller needs to be registered on the GeM Portal with complete profile details to be eligible for direct purchase.
2. Product Listing for Direct Purchase: After registration, the sellers need to log into their GeM account and list their products and services on the Gem portal. It is critical to have detailed features of the products while listing for buyers to validate the information for direct purchase.
3. Product Category: When uploading the products during the creation of the GeM account, it is important to ensure the right category and sub-category. The sellers need to adhere to the GeM portal categorization and follow the guidelines. It will ensure an easy search for the buyers to find the products listed by the sellers. For detailed information on Product listing on GeM Portal, please refer to the ‘Product Service Listing on GeM Portal’ article on LinkedIn or visit our website.
4. Order Value for Direct Purchase : GeM Portal limits the buyers to place direct orders where the order value is below Rs.25,000. For orders above Rs.25,000, the buyers must follow other purchase methods having quotations from multiple sellers or the tendering process.
5. Order Notification & Acceptance : The order notification appears in the registered GeM account and the seller can view the orders received by the company by clicking on the order tab.
6. Once the orders are placed, the seller gets a notification of the GeM purchase order which he/she can choose to accept or reject after checking whether the consignment is relevant.

In conclusion, Direct Purchase on the GeM Portal is a strategic move for businesses and a great way to increase sales figures. Leverage expert services, adhere to GeM guidelines, and unlock opportunities for the growth of your company.

Customer Support and FAQs:

For personalized support and clarifications, connect with our team at Tenders Plus:

• Email: contact@tendersplus.com
• Phone: +91 9279921887

Our dedicated team simplifies GeM Portal processes, providing tailored solutions to your queries.