Reverse Auction Definition, Process & Examples
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🎥 Ever wondered how sellers compete through #ReverseAuction on GeM? GeM’s Reverse Auction (RA) enables government buyers to get the best value not just the lowest price, while ensuring transparency and equal opportunity for sellers & service providers, particularly, Micro & Small Enterprises (MSEs). Discover how the Reverse Auction process makes procurement smarter, fairer & more #inclusive especially for #MSEs, #Startups, and service providers. This video breaks it down 👇 🔍 Who qualifies 📉
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