Government e Marketplace bags prestigious CIPS Award

By: Shree1news, 23 SEPT 2021

Government e Marketplace (GeM) was announced as the winner in the “Best Use of Digital Technology” category at the CIPS Excellence in Procurement Awards 2021 (CIPS Awards). GeM emerged the winner in this category after competing with some of the biggest and best names in procurement across the public and private sector globally, including GEP, Jaguar Land Rover, Royal Dutch Shell, Vendigital and Shell. GeM was shortlisted as a finalist in two additional categories as well, i.e., ‘Public Procurement Project of the Year’ and ‘Best Initiative to Build a Diverse Supply Base’ where it was in the august company of some path-breaking organizations with great initiatives. The award was received on behalf of GeM by Shri Rohit Vadhwana, First Secretary (Economic), High Commission of India, in the UK at a ceremony held London yesterday.

The CIPS Awards are one of the leading recognitions around procurement globally, which is conducted under the aegis of The Chartered Institute of Procurement & Supply (CIPS), London. CIPS is a global not-for-profit organisation and professional body dedicated to promotinggood practices in procurement and supply management, with a community across 150 countries.

Recognition of GeM on a global platform of this stature is a tremendous shot in the arm for the GeM team and a testament to the vision of the PM Shri NarendraModi.  GeM has brought its technology-driven innovations and strategic business processes in pursuit of three fundamental goals: driving transparency, efficiency and inclusiveness in public procurement. The design and development of the GeM platform- its digital features and functionalities, key business processes as well as the ancillary offline activities like outreach and training of stakeholders-is guided by these three goals. The use of forward-looking technologies has helped GeM to broadly achieve these goals and more, over the past five years. GeM offers a cashless, contactless, and paperless experience for sellers and buyers, and serves as an end-to-end solution for procurement of common use goods and services by Government buyers. GeM has completely replaced a previously fragmented public procurement ecosystem by a unified and easy-to-use e-marketplace helping to leverage competitiveness, accessibility, and economies of scale of a diverse, open and transparent procurement system. GeM is an example of how digital platforms created with a strategic and clear intent to transform legacy processes can effect lasting change.

Government e Marketplace is a 100% Government owned Section 8 Company setup under the aegis of Department of Commerce, Ministry of Commerce and Industry for procurement of goods and services by Central and State Government organizations.

Source:PIB

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