INDIAN NAVY – LAUNCHES E-PROCUREMENT PORTAL

NEW DELHI
01 Aug 2008;Sravan 10, 1930
 

 

 

Indian Navy's e-procurement portal http://navy.govtprocurement.com was launched on 31 Jul by Vice Admiral K Raina AVSM, Chief of Logistics at Material Organisation, Mumbai. The adoption of the dynamic procurement model is a pioneering step towards bringing about greater objectivity, accountability and openness in procurement activities.

This e-governance initiative allows for faster, more efficient handling of tendering action, receipt/ evaluation of Quotes and placement of orders. Integrated with the Navy's Integrated Logistics Management System (ILMS), it is expected to greatly improve workflow, speed, accuracy and data integrity. With greater transparency as the hallmark of all matters related to procurement, the e- procurement portal would facilitate time critical operational logistics support for frontline ships, submarines and aircraft within minimal cost and time implications.