Price Comparison of GeM Products with other eMarketplaces

International Journal of Engineering Innovations and Management Strategies 1 (2):1-12 (2024)
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Abstract

This project aims to develop an automated price comparison tool that addresses the inefficiencies of the current manual system used to compare prices between the Government e-Marketplace (GeM), Amazon, and Flipkart. In the existing process, users must visit each platform individually to compare prices, a time-consuming and error-prone method that often leads to missed opportunities for better deals. This project proposes a solution by creating a user- friendly tool capable of aggregating and displaying real-time product pricing from multiple e-commerce platforms in one interface. The tool will enable users—whether government procurement officials or individual buyers—to quickly identify the most costeffective option for their purchase by providing instant price comparisons. In addition to price, the system will consider other relevant factors like product availability, shipping times, and user reviews, ensuring a comprehensive evaluation. By integrating this information into a single platform, the project aims to streamline procurement processes, reduce manual effort, and foster more informed purchasing decisions. This solution holds significant potential for public sector efficiency, allowing government bodies to optimize their procurement strategies and reduce costs. In the private sector, it offers individual consumers and businesses a reliable method to identify the best deals across platforms, contributing to smarter, more economical purchasing.

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