INCLUSIVE GROWTH BY REALIGNING SUPPLY CHAINS- Open Tender
 

Desist from non-competitive behaviour. The operation of cartels by groups of companies to keep prices high must end. It is unacceptable to obstruct the forces of competition from having
freer play. Even profit maximisation should be within the bounds of decency and greed. The private sector should show some self-restraint in this regard.
~Dr Manmohan Singh, Prime Minister of India
Ten Point Social Charter, (Sixth Point)

Open tender is the best way to ensure that the citizens would obtain maximum benefits from the companies by undertaking the task; also by open tender companies can get the best proposals to do the job more effectively and efficiently.
This also allows fair competition for businesses and provide better value to companies. Increasing the opportunity for potential bidders to participate in a tender can make the bidding process more efficient and reduce the likelihood of collusion.

This also helps companies to a great extent to do away with the loss / make extra payment due to formation of cartel. In procurement markets, barriers to entry can be lowered by ensuring more participation, as it gives open playing field for all market players, face the same competitive environment, standardize procurement process for every one.

The fair and just principle and the principle of competition through an open tender procurement, lead a supplier enthusiasm, interests of suppliers maintained, and competition conducive to encourage enterprises to get rid of inhibitions. This promotes enterprises to gradually adapt to the market economy of operation, follow the efficiency of principle, to achieve the efficiency of markets to drive economic prosperity of the market.

 
Click these links to read in details:

Introduction
Inclusivity Measurement
Present Scenario
Supply Chain

Realigning Supply Chain through :

Direct Procurement from Producers/Primary Suppliers
Use of Information & Technology
Vendor Development
Open Tendering
Ancillary Development
Targeted Procurement
Unbundling of Contract

Discussion
 

 
 
 
 

 


By
Digvijay Singh, Dy. Manager (Materials Management)
Research & Development Center for Iron & Steel (RDCIS)
Steel Authority of India Ltd. (Ranchi)

 

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