Skip to main content

Posts

Featured post

Various forms OF TENDERS LIKE : TYPES OF TENDER , L1 PURCHASE & DIRECT PURCHASE

  ### Key Points - Research suggests the main types of tenders on the GeM portal are Standard Bids, Reverse Auctions, and Bid to RA, with additional specific types like Custom Bids and BOQ Bids. - It seems likely that these tender types cater to different procurement needs, ensuring transparency and efficiency. - The evidence leans toward variations like Service Bids and Single/Two Packet Bids, but the core processes are the main focus. #### Overview The Government e-Marketplace (GeM) portal is an online platform for public procurement in India, offering various tender types to meet diverse government needs. Below, we break down the main types and provide additional details for clarity. #### Main Types of Tenders - Standard Bids: These are regular tenders where sellers submit offers for specific requirements, and the contract goes to the lowest-priced, technically compliant bid. - Reverse Auctions (RA): Live auctions where qualified sellers compete by lowering prices in real-time t...
Post a Comment
Read more

What is IMPORTANCE of GeM?

IMPORTANCE of GeM? Government e-Marketplace, commonly known as GeM, is an online platform developed by the Government of India to facilitate procurement of goods and services by various government departments, organizations, and public sector undertakings. GeM has several key importance and advantages: Transparency: GeM promotes transparency in government procurement by providing a single platform where buyers and sellers can interact. This helps eliminate middlemen and corruption. Cost Efficiency: It helps in reducing the cost of procurement for the government as it allows for bulk buying and often offers competitive prices.   Ease of Use: GeM is designed to be user-friendly and efficient, making it easier for government departments to procure goods and services.   Increased Vendor Base: GeM provides a level playing field for sellers, including small and medium-sized enterprises (SMEs). This increases the vendor base and promotes competition.   Standardization: The...
Post a Comment
Read more

WHAT IS NEED OF ISO 9001:2015 OR WHY/ I/ IMPORTANCE

WHAT IS NEED OF ISO 9001:2015 OR WHY/ I/ IMPORTANCE FOR KNOWING IN SHORT : SKIP ALL POINTS AND GO FOR LAST PARAGRAPH. ISO 9001:2015 is an internationally recognized standard for quality management systems (QMS). The primary purpose of ISO 9001:2015 is to help organizations establish and maintain effective quality management systems to consistently provide products and services that meet customer requirements and regulatory standards. Here are some of the key needs and benefits of ISO 9001:2015: Customer Satisfaction: ISO 9001:2015 places a strong emphasis on customer satisfaction. By implementing this standard, organizations can better understand and meet customer expectations, resulting in higher customer satisfaction and loyalty. Process Improvement: ISO 9001:2015 promotes a process approach to quality management. Organizations are required to define, document, and continuously improve their processes, leading to increased efficiency and reduced errors.   Risk Management: The 201...
Post a Comment
Read more

What is : ISO 9001 : 2015 (QMS) & its overview

  ISO 9001 : 2015 (QMS) overview   ISO 9001:2015 is a well-known and adopted standard internationally for Quality Management Systems (QMS). ISO 9001 establishes a framework and principles for your organization’s management to ensure that customers and other stakeholders are continuously satisfied. In addition, ISO 9001 certification demonstrates the foundation for successful processes and effective people to deliver effective products or services consistently. Whether an organization is B2B or B2C, setting and managing the right processes is paramount. The right methods need to be functioning at their optimal level. Increased cost and decreased efficiency can lower the profits on the company’s balance sheet. However, companies can turn the tables around by standardizing the processes by implementing ISO 9001.  The ISO 9001:2015 certification does not certify the company’s products but focuses on the working methods that compel a company to build a quality manage...
Post a Comment
Read more