Here’s an updated 2026-ready overview of procurement types on the Government e‑Marketplace (GeM) portal — tailored for both buyers (purchasers) and vendors (sellers/service-providers) — focusing on how the platform works now, what to expect moving forward, and how to make best use of it. 1. What is GeM and why it matters GeM is India’s government-run online marketplace for procurement of goods and services by central and state ministries, departments, PSUs, autonomous bodies etc. ( Gov e-Marketplace ) It aims to bring efficiency, transparency, and inclusiveness into public procurement. ( Testbook ) For buyers: Ensures standardized process, access to competition, audited trails. For vendors: Opens access to a large marketplace, but also means competition and compliance. 2. Key Procurement Modes on GeM (2026 context) These are the main ways procurements are executed via GeM — both for goods and services. 2.1 Direct / Cart-Based Purchase For items that are s...
Tender executives play a crucial role in the procurement process of organizations. They are responsible for several key functions: Developing Key Solutions : They analyze the requirements of a tender and develop the most effective and suitable strategies and solutions for the organization to submit a bid. Managing Documents : Tender executives manage the documents provided by potential suppliers, evaluate pricing, and prepare documentation for the tender. Coordinating With Stakeholders : They coordinate efforts internally, communicate with potential and current suppliers, and negotiate their terms. Examining Proposals : They study and review proposals and assess cost efficiency and other risks involved. Strategizing Presentation Development : Tender executives develop compelling correspondence, create impressive presentations for tender submission, and ensure compliance with tender guidelines. Their work ensures that the bidding process is competitive and fair,...