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:

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




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


Read below more Articles on Supply Chain Topics......


Supply Chain Technology: What's Next?
Supply Chain Management BEST practices : Outsourcing

Supply Chain Management : Multi Stage Dynamics

The Basics of RFID Technology

Common problems with Cost Savings Reports

Dynamic Business environment
Supply Chain Strategies

Benefits of preparedness in Negotiation

Seven Principles of Supply Chain Management
10 necessary Strategies for Supply Chain Management
Inclusive growth by realigning Supply Chain

Your FREE Magazine subscription below. Click and get now




:Recommended for further readings on Supply Chain Management :


Check the following links too:



| Sitemap | Copyright | Disclaimer | Privacy Policy | About us | Link with us | Contact us | Advertise |


Click here to Bookmark this site | Contact here for Business collaborations |

No part of this web site may be reproduced or transmitted in any form by any means graphic, electronic, or mechanical without permission in writing from the publisher