To promote free trade and services for Indian Corporates and government organizations, and to interconnect all the sellers and buyers in the market, a dedicated e-marketplace has been set up for different goods & services procurement by the Government departments. Gem portal has been accredited as a highly advanced digital portal for ecommerce for procurement of goods and services.

GEM Portal, with a keen, intention to facilitate the traders and ensure the transparency amid the procurement process, and throw open opportunities to new startups in the market, has been built up in a record time of merely five months to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM solely aims to enhance value of Money , confidence of suppliers, transparency in Trade, proficiency and promptness in public procurement from suppliers and traders. The GEM Portal is equipped well with the modern technology tools of live bidding, and e-auctions both forward and reverse to facilitate the government users, delivering the best value for their money to both suppliers and buyers.

With the due notification, the Government has made it mandatory for all the PSUs, and departments to procure the goods and services through GeM only.

Forward Auction Systems in GeM

The foremost advantage of GeM is Forward Auction which facilitates E-Auction management for all Central and State Government Ministries/ Departments, Central & State Public Sector Undertakings (CPSUs & PSUs), Autonomous Institutions, Govt Authorities, Local Bodies, and many more. Forward Auction program intends and works in such a technical way as it maximizes the commercial advantages to procure and push to increase the opportunity for savings across categories of goods/material/immovable assets.

It’s apt to mark the Acute Networks to provide such facilities to both private and PSUs, Government Departments, and other local bodies to set up Technology and flash the bids for procurement of Goods and Services on Gem Portal.

Acute is professionally rending all types of services from GeM Registration to Onboard the products and catalogs to match the bids and to participate in the reverse live auctions for any type of Supplier.

Acute Networks has sharpened its professional skills with the technology solutions to deliver the following Services in the Domain of Government eMarket Place.

GeM Registrations

• Onboarding the Profile and Building the Product Portfolio.
• Preparing the Product Catalogue.
• EMD uploading and Marching Products
• eAuctions, Live Bids, Reverse Auctions, Forward Auctions
• Registrations of OEMs, Manufactures, Registered Sellers, and Resellers.