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Deemed OEM Vendor Assessment: A Complete Guide For Businesses On Government E-Marketplace (GeM)
As the way governments buy products and services changes quickly, the Government e-Marketplace (GeM) has become a key place for businesses to sell their goods to government buyers. One of the most important categories within GeM is the deemed original equipment manufacturer (OEM). For businesses looking to sell their products as a deemed OEM on GeM, it's vital to understand the concept of Deemed OEM Vendor Assessment and how it differs from the standard OEM registration. This article breaks down everything you need to know.
What is Government eMarketplace (GeM)?
The Government eMarketplace (GeM) is an online platform created by the Government of India to facilitate the procurement of goods and services by government organizations, departments, and Public Sector Units (PSUs). By providing a transparent and efficient system for vendors to offer products, GeM simplifies public procurement, ensuring that government buyers get the best quality products at competitive prices.
Who is a Deemed Original Equipment Manufacturer (OEM)?
An original equipment manufacturer (OEM) typically refers to companies that produce hardware or equipment and sell it to other businesses that then integrate it into their own products. However, within the context of GeM, a Deemed OEM is a special category of vendors who may not have their own manufacturing units but are authorized to offer products under their brand name. This distinction is important because not every business has the capacity to be a complete OEM.
The deemed OEM on GeM status allows vendors who meet certain qualifications to register and sell products without being traditional manufacturers. These vendors may distribute products under their own label but don't produce them. Instead, they rely on third-party manufacturers.
What is the Deemed OEM Vendor Assessment?
The deemed OEM vendor assessment is a critical process that helps evaluate the eligibility and credibility of vendors applying for deemed OEM status on GeM. The assessment is conducted to ensure that the vendor meets the required standards, such as quality control, reliability, and supply chain capabilities.
Key Steps in the Deemed OEM Vendor Assessment Process:
Application Submission: Vendors looking to register as a deemed OEM must apply through the GeM portal.
Document Verification: GeM verifies essential documents such as product specifications, certifications, and authorizations from the actual manufacturers.
Third-party Assessment: In some cases, an independent third-party may conduct a vendor assessment to ensure compliance with GeM's quality and reliability standards.
Approval or Rejection: Based on the assessment, the vendor is either approved as a deemed OEM or may be asked to provide further documentation or make adjustments before reapplying.
How is Deemed OEM Vendor Assessment Different from Standard OEM Registration?
While both standard OEM registration and deemed OEM vendor assessment are pathways to becoming a vendor on GeM, they cater to different types of businesses.
Standard OEM Registration: This applies to companies that manufacture their own products and sell them under their brand name. They must meet strict manufacturing, quality control, and technical requirements to be eligible.
Deemed OEM Vendor Assessment: As mentioned earlier, this is for vendors who are authorized to sell products but do not necessarily manufacture them. The assessment ensures these vendors maintain the same high standards as traditional OEMs.
Why is Deemed OEM Status Important?
The Deemed OEM on GeM status opens doors for vendors who want to participate in public procurement but don’t meet the criteria of a full-fledged manufacturer. This status enables them to offer high-quality products while adhering to the standards set by the GeM platform.
Here are some key benefits of becoming a deemed OEM:
Increased Market Reach: Vendors can offer their products to a wide range of government buyers across the country.
Credibility and Trust: Being recognized as a deemed OEM on GeM enhances a vendor’s credibility and establishes trust with buyers.
Simplified Procurement: The assessment process ensures that only credible vendors can sell on GeM, creating a more efficient procurement process.
Conclusion
Understanding the concept of Deemed OEM Vendor Assessment is crucial for businesses aiming to participate in government procurement through the Government eMarketplace (GeM). By passing this assessment, vendors can achieve deemed OEM status, allowing them to offer high-quality products under their brand name even without manufacturing them directly. Whether through standard OEM registration or deemed OEM status, GeM continues to provide a valuable platform for both large manufacturers and smaller distributors, helping streamline public procurement across India.
Being a part of this ecosystem can significantly boost a vendor’s business while contributing to a more transparent and efficient procurement system in India.
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Enhance bearing longevity with SKF bearing grease from eMarketplace. Choose from advanced lubrication solutions for peak performance.
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Full detail here - https://sarkariyojnaa.org/gem-portal-online-registration.../
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Enhance bearing longevity with SKF bearing grease from eMarketplace. Choose from advanced lubrication solutions for peak performance.
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Searching for reliable exporters from Sri Lanka?🇱🇰 SLEDB eMarketplace is the platform you are looking for. Source from certified Sri Lankan exporter👉 https://bit.ly/2Wo7RhD
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OMBIKA: हर भारतीय का अपना बाजार। सब कुछ मिलता है यहाँ। #IndianOnlineShoppingPlatform #indianonlinesellingplatform #emarketplace #onlineshopping #OMBIKAOnlineShoppingStore #india #onlineseller #onlinebusiness #online #onlinemarketing #onlineselling #ecommerce #website #onlinestore #onlineshop #ombika #indian #indianwear #indianfashion (at India) https://www.instagram.com/p/CSJro3WJ577/?utm_medium=tumblr
#indianonlineshoppingplatform#indianonlinesellingplatform#emarketplace#onlineshopping#ombikaonlineshoppingstore#india#onlineseller#onlinebusiness#online#onlinemarketing#onlineselling#ecommerce#website#onlinestore#onlineshop#ombika#indian#indianwear#indianfashion
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How to Create Online Marketplace from Scratch!
The possibility of an online marketplace has been a well-known alternative for quite a while. It offers more convenience to individuals who need to buy items or services on the web. The internet has made things simpler for everybody, and the marketplace permit users to track down their ideal things and have them conveyed to their homes at reasonable rates.
With this, you find out how to discover extraordinary services on the web and have any kind of item, electronic device, or furniture conveyed to your doorstep. Anybody targeting selling their items comprehends the advantages of a solid online presence and needs to assemble an online marketplace? CEBS is here!
Before you start your online marketplace development, there is a need to analyze the below factors and note the possible challenges!
Niche research:
Before you start your development process need to take good research about what are the functionalities in the online marketplace, where to develop, what are the risks to run a new online marketplace, etc. Because without a good knowledge of online marketplace development, you may lose your time and money.
Target audience:
Talking about the target audience for your marketplace, you should look outwards and discover the concealed potential that will assist with finding a startling gathering of your clients. Remember to rich your platform with ratings and reviews, prizes for follower customers, and genuine striking stories about users.
Business model:
The business model is the most considerable one to earn money from an online marketplace. There are 3 types of business models are there like commission model, listing fee model, and subscription model. The most successful marketplaces like amazon are using the commission model to generate their revenue. So, better for you to develop your online marketplace with a commission model.
Marketing:
The major problem to run an online marketplace is attracting users to use your platform. Because the buyer won’t buy products without a seller, the seller won’t sell products without a buyer. Both are needed simultaneously and do transactions. So, you should spend some money on the marketing process and include marketing people in the development stage also.
Choosing a suitable programming language and technology:
Take a quick consultation from an online marketplace builder and compare with other vendors. Ensure you do a compatibility check. Some players are too big to do your project and others are too small to deliver. Choosing the right technology can be the deciding factor of how much can you customize. Se makes sure you choose a technology platform that is futuristically enabled.
The team you need to hire:
Marketplace development concern requires a dedicated team with excellent knowledge in technology base. Check the below team members who are all participating to create a complete online marketplace software,
· Senior technical Architects with knowledge and experience · Business analysts · Technical strategists · Frontend developers · Backend developers · QA engineers · Delivery managers · Networking team
But as the saying goes, you must do what you are best at, so we humbly that you contact an experienced IT company for the job.
CEBS Worldwide has a complete team that can implement your vision to you in less than 6 months. With a plethora of experience and knowledge, they have successfully completed many online marketplaces.
Just take a quick demo from their techies!
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GeM (Government e-marketplace)
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Things to be known before You Start Own E-marketplace!
Online marketplace as E-marketplace have $2.03 trillion worth of merchandise, representing 58% of worldwide online deals in 2019. After that most of the organizations trying to create their own e-marketplace like Flipkart, Amazon, eBay, Alibaba, and others.
Yet, how can one develop a site like Amazon?
The CEBS Worldwide group has wide experience making on the online marketplace and we might want to share our thoughts on the most proficient method to construct a multi-seller e-marketplace.
How e-marketplace can get money or revenue?
Seller subscription or membership
Commission on an item sold.
Referral and lead generation revenue
Featured listings
Affiliate program and advertising
Freemium packages
Ex: Global net revenue of Amazon (1st quarter of 2021)
$36.652 billion in online stores
$14.479 billion in third-party seller services
$5.556 billion in subscription services
Must-have features in your e-marketplace website:
One-click ordering
Advanced product search like voice and visual search
Wishlist option
Shopping cart and shipping options
Easy payment and checkout option
Cancellation option
Notification feature
Etc..,
Now you have a clear idea about e-marketplace and their future, now you can choose your development company…
When you are entering into e-marketplace business means to get complete guidance from the most popular e-marketplace solution provider like CEBS Worldwide Pvt Ltd. We have strong knowledge in e-marketplace development and also have hands-on experience to embed new technologies like blockchain and artificial intelligence in marketplace software.
For more info!
Take a quick demo here!
#emarketplace#emarketplace solution#online marketplace software#b2b marketplace software#build online marketplace
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Government E-Marketplace to act as bridge between government and supplier, says Union Minister Piyush Goyal | Economy News
Government E-Marketplace to act as bridge between government and supplier, says Union Minister Piyush Goyal | Economy News
Union Commerce and Railway Minister Piyush has said that the Centre is open for business and Government E-Marketplace (GeM) will play the role of a bridge between government and supplier.
GeM is an online platform developed by the Centre for public procurement for various government departments and ministries. Goyal said that Indian Raliways will completely move on to GeM portal in next 8-10…
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#Act#Bridge#Economy#EMarketplace#Gem#Government#Government e-Marketplace#Goyal#Minister#News#Piyush#piyush goyal#Supplier#Union
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SKF E-Marketplace: Precision Solutions for Industry Excellence
Discover SKF's top-quality products on our E-Marketplace. From bearings to lubrication systems, find the precision tools you need for success.
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Are you still looking for an online B2B marketplace that you can trust? EDB eMarketplace is the only platform with Sri Lankan-made products presented by genuine sellers. Feel free to check in👉 https://bit.ly/2UKTiUL
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OMBIKA: Leading Indian e-Marketplace brings a Freedom Offer for the Indian Shopkeepers. Interested in knowing about it?????? OMBIKA brings a Freedom from paying a commission to any e-marketplace for each and every sell. We have launched Local e-Marketplace for the Indian Local Shopkeepers; who want to sell their products locally (i.e. within 20 KM Limit from seller's store, shop or business place).This Freedom Offer will be ends by 18th August 2021 on 11:59 PM. There is only need to take a Yearly Subscription (One Time Payment) of Rs. 5000/- + GST and thereafter no need to pay anything. After taking this subscription; you have no need to worry for the sell and orders locally. You will got orders from automatically from 20 KM Limit of your shop/store/business place. We as a OMBIKA; also want to inform you all Local Shopkeepers that for selling online Regular GST is mandatory (Ref to Guidelines by Government of India). If you are not a GST Registered Seller; then you can contact to our support team for the GST Registration. Our Support Team will connect you with our Service Provider Team; they will serve you in very less fee, in respect to others for the GST Registration and GST Filling. Other than Subscription Fee; we only charge Shipping/Delivery Fee for the each order against delivery to buyers/customers. So, don't miss the opportunity of paying one time and selling online for the whole year (i.e. 365 days). In case of any queries, you can ask here anytime# https://wa.me/message/BOF6C6TKPITAC1 Hurry up...................... Team @ www.ombika.com #emarketplace #onlinestore #onlineshop #onlineshoppingmall #onlinesupermarket #IndianOnlineBuyingSellingPlatform #ombikatheshoppingsellingplatform #ecommercewebsite #IndianFashionandLifestyleStore #IndianAllinOneECommerceStore #SaviourforBuyerandSellers #PopularShoppingStore #FreedomOffer #IndependenceDayOffer #Onetimepayment #Yearlysubscription #India #Indian #LocalShopkeepers (at Mumbai - मुंबई) https://www.instagram.com/p/CSI-K8Apedy/?utm_medium=tumblr
#emarketplace#onlinestore#onlineshop#onlineshoppingmall#onlinesupermarket#indianonlinebuyingsellingplatform#ombikatheshoppingsellingplatform#ecommercewebsite#indianfashionandlifestylestore#indianallinoneecommercestore#saviourforbuyerandsellers#popularshoppingstore#freedomoffer#independencedayoffer#onetimepayment#yearlysubscription#india#indian#localshopkeepers
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