What is a Tender Management System? This appears to be a straightforward question! But we know from Google search results and our own prospect enquires, it’s a little more complicated to answer. As we discuss in this article, it is a term used in various ways by those involved in different areas of procurement and
Can you imagine compiling a tender without Subject Matter Experts (SMEs)? It’s just not possible. SMEs possess specialised knowledge and expertise that is crucial to creating winning tender responses. However, this requires effective collaboration between Bid Teams and SMEs, which can be challenging. In this article, we explore how Bid Teams can strengthen collaboration with
Are you tired of missing out on tender opportunities due to poor qualification? Look no further! In this article, we explore the top sales models for effective tender qualification. Whether you prefer a recognised approach or a customized solution, a well-informed decision-making process is crucial for bid success. By eliminating inconsistent qualification methods, you can
Comprehensive, accurate up to date information is critical to compiling quality, high scoring responses. But many businesses struggle to provide a central resource of good content. Namely, a Bid Library, that can be accessed by all stakeholders and easily searched, reviewed, updated and used to compile tender responses and bid submissions. In this article we
No doubt your business is aiming to improve revenues and won contracts in 2023. January is a great time to take stock and review your 2022 bid management strategies, processes, tools, performance and results. Let’s look at the critical questions you need to ask. This will provide detailed insight into your existing setup and help
The Tender Grinch is in danger of upsetting Bridget Bartholomew’s planned Christmas getaway. A business-critical opportunity has been delayed and is now due to be advertised two weeks before the festive season begins. With key people taking holiday into mid-January, completing the tender by the 8-week deadline is going to be a big challenge. Thankfully Bridget
We all know every hour counts when you potentially only have 40 working days (8 weeks) to craft and submit your tender response. Any delays in sourcing and qualifying tender opportunities can have big implications further down the line. Days and even weeks can pass before your Bid Team has sight of the work they need
Whether you are an existing Bid Manager or thinking of becoming one, there are certain natural personality traits that will boost your abilities to prosper in this role. Let’s take a look at the everyday hints that suggest you can successfully manage heavy, complex workloads and consistently submit quality tenders. All within tight deadlines and
Submitting tenders that secure the highest evaluation scores and win contracts is a huge business-critical challenge. It’s a difficult one to sustain given its highly competitive nature. In this article we explore practical ways your Bid Team can improve the quality of your tender responses, and thus secure higher evaluation scores and increase win probabilities.
Sourcing tender opportunities from the 1000's advertised every day, can be frustrating and time-consuming. In this article we examine three mechanisms, commonly used by Sales & Bid Teams to search Public Procurement Portals for high value public sector contracts. We discuss the pros and cons and the impact each method has on targeting, qualifying and managing
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