Best Practices
Competing for high value public and commercial tenders is a big investment for any business. Being able to optimise activity within the set tender process and tight timescales is critical to delivering world-class tenders. Let’s look at requirements for each stage of the tender process, challenges faced and how bid management technology can help
Competing for tenders can be complex, depending on the intricacies of the contract and the type of tender procedure chosen by the Procuring Agency to manage supplier evaluation. In this article we give a brief summary of the types of tender procedures both public and commercial organisations adopt for their procurement. For any bidding
Responding to high value tenders involves a diverse range of business disciplines and people. The quality of your tender responses relies heavily on your teams working well together. It is, therefore, essential for your Bid Team to establish and maintain good working relationships with your collaborators and approvers. Let’s look at ways to make this
Information is at the core of any tender. Securing up to date, detailed, accurate content greatly impacts the quality of tender responses and evaluation scores. But managing vast amounts of business information remains a huge challenge for many organisations. Much has been published on the subject, from the wider business perspective. So let’s take a
A new tender has hit your desk and the countdown begins! You are already chasing information to complete another tender due in 5 days. You need to find ways to streamline your tender management process to complete both tenders on time! Managing the completion of multiple high value complex public sector or commercial tenders is a
Any Bid Manager or Bid Team targeting high value public sector and commercial tenders, requires skill and dedication to deal with the complexities of the work and pressures of a highly competitive environment. Let’s face it coming second just doesn’t count! 1. Managing a Varied Workload
In any public bidding environment, it is tempting to resort to a ‘Bid for Everything’ mentality. But this puts undue pressure on your bid teams, limiting time spent on individual tenders and reducing response quality and win probabilities. In this article, we look at smart ways to identify and choose your best-fit high value
The advent of COVID-19 in 2020 resulted in unprecedented global change in so many aspects of our lives. With ‘Working from Home’ becoming the norm for so many and remaining so into the future, the bid management industry, like so many other sectors is undergoing its own digital transformation. In this blog we discuss
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