When you realise how much time and resources it’s going to take you to put together a tender response, it can be tempting to go at it like a bull at a gate just to get the whole thing done. But if you’re really serious about winning, that approach simply won’t do. It’s as much … Read more
Putting together a tender requires an investment of resources and time – almost certainly far more than you’ve anticipated. However, you can make life easier for yourself and your team by undertaking three activities in advance. And, because you’ve done some basic groundwork, once the contract you want to bid for is released, you’ll be … Read more
Even if you’re the incumbent, it’s dangerous to assume that the tender process is just a formality and that your contract will automatically be renewed. There’ll certainly be other suppliers tendering for the work. And if they present a more competitive, articulate offer…well, then it could be red faces all round. Rather than make the … Read more
When bidding for work, you need to give yourself enough time to plan and to gather all the supporting documentation you need. Plan out your offer Your offer is the most important part of the tendering process. Everything else in your response schedule supports and validates your ability to deliver for the amount you have … Read more
Whether you’re bidding for a contract from a large company or government agency, your tender will go through the procurement team first. This means you need your tender to demonstrate that: You know what you’re doing – The procurement team doesn’t want to take a chance when bringing in a new supplier. They don’t want … Read more
Of the thousands of tenders submitted to all levels of Australian government each year, a shocking 60% fail to make the first cut. And the main reason? Non-conformance with specific tender requirements. Michael Lee, Principal Project Officer with the Queensland Government and Manager of the Industry Development Team can’t stress highly enough the need to … Read more
SMEs are always thinking of ways to increase revenue and expand their operations. Winning a tender is undoubtedly a real business boost, and SMEs need to pay attention to two areas of their proposal if they want to be considered a serious contender. Your online presence If you haven’t got a professionally created website, it’s … Read more
Research published in the McKinsey Quarterly indicates that businesses can be way off the mark when it comes to delivering a message they think their customers want to hear. While McKinsey’s findings relate to brand messages more generally, the findings also apply to the selling messages companies use to position themselves ahead of competitors when … Read more