Go Digital With The Bidding Process

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Making a smart bid plays a crucial role in ensuring steady growth of an organization. As Bid Managers seek to bring more business into the organization there goes a lot of effort and team coordination to make sure that you get the contract award. From bid scheduling to approvals the bid process requires a lot of planning to make sure everyone is on the same page. Bid Management Software can keep you away from mundane activities and help you focus on the important ones.

An optimum combination of cost is a deciding factor in determining the chance of your win. As pricing discussion require inputs from multiple departments it is important to maintain the data and take into account each information before deciding on a price. Price Bid facilitates synchronization between different departments like Legal, Accounts, Management to make sure that everyone is aware of the inputs and then decide upon a price.

As a bid manager, it is important to keep track of the status of every bid and all the communication relating to it. It is imperative to come up with a quality proposal that gives you a competitive edge while keeping up with the approaching deadlines. Prompt communication and coordination are crucial to make sure you give quality results well on time. With timely alerts of deadlines and regular updates of bid status, Price Bid gives you the visible clarity that is required to meet timelines and not ask for last minute extensions.

A bid approval can change the plight of a bid by turning a losing bid into a contract award. As drafting of proposals require many add and edit at different stages to keep up with the client’s requirements it is important to keep the entire team updated about the changes. For every revision and justification, it is a must to keep team members in the loop to avoid questions like ‘When was this discount approved?’ or ‘Who has approved it?’. With Price Bid, you can capture competitor’s information, re-look at earlier proposals, get insights about the deal history and analyze the current bid that the team is working on all at one platform.

Keeping back up of documents and communication makes it easier to retrieve data and re-use it in the future. Price bid comes with a Bid Repository feature that serves as a single storehouse for all your bid-related documents like price, scope, BOM, approval, etc.

Bid managers need to analyze data spread across different business units or regions to make sure you can prepare a proposal that is feasible for the organization as a whole. Price Bid provides a single platform for maintaining records and information across multiple business units.
In conclusion, automation in the bid process bring along many advantages for the business in the long run. From cutting down complexities to ensuring transparency across team members Price Bid is an out and out solution for the entire RFP to approval process.

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Where is Government investment in High Speed Railways Projects heading in the coming years?

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Modern engineering has given us its greatest feature for the fastest form of Transportation i.e the High-Speed Railway. Its fastest delivery and efficient mobility services across various nations make it one of the most significant connections across continents. The world has witnessed an ongoing growth in the development of the High-Speed Railway. As per Reports of the International Union of Railways (UIC) around 11,693 km of high-speed railways are up for construction. As per statistical reports collected by UIC, upgraded high-speed lines can facilitate a speed of 250km/hr. These lines include station routes, access to terminals and depots, etc.

A high-speed railway is a well-suited form of technology in several countries. Japan, France, and Morocco are already running their trains at a speed ranging from 250 km/hr to 350km/hr. At present, the commercial operation of high-speed railway is around 52,418 Km with is divided between Asia holding 10.766 km, the Middle East holding 1,043 Km, North America holding 735 km, and Africa holding 200 Km. Many governments have recognized the importance of a High-speed railway and are acknowledging the same. Turkey, South Korea, and Switzerland are looking out to implement new networks or extend the same to neighboring countries.

Priority projects like Trans-Maghreb and the Basque Y which feature infrastructure of more than 100 km of tunnels have caught the world’s attention. With a budget of £56.6 billion, The HS2 project stands to be one of the most expensive lines in the world. Governments across nations like Sweden, the Czech Republic, the Baltic countries, Russia, Egypt, South Africa, Australia, Canada, Brazil, Iran, Israel, Indonesia, Malaysia, and Singapore are eyeing for implementation of High-Speed railways. As these projects lay the path for various opportunities for suppliers all around the world online infomediaries facilitate the bidding process and offer customized insights right to your mailbox.

At Tendersinfo you get access to government tenders of High-Speed Railways from all over the globe. With customized updates from 150 plus researchers spread across countries, we make sure you do not miss out on opportunities from the booming sector of high-speed railways. Below we have listed out several tenders across Asia, Africa, Europe, North America, Oceania, and South America.
For all high speed rail tenders click here:
High-Speed Railways
Trans-Maghreb high-speed rail
Egypt to build a high-speed railway to connect the Mediterranean with Red Sea
High-speed line from Johannesburg to Durban
Bangladesh
Dubai to Abu Dhabi
High-speed rail for the densely populated island of Java
Tehran–Qom–Isfahan High Speed Rail
High-speed rail in Kazakhstan
Kuala Lumpur – Singapore High Speed Rail
High-speed rail in Thailand
For more such tender inquiries you can reach out to us at customercare@tendersinfo.com
Also sign up for free trial click here

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How entry to India Market is easier than ever

FDI_1

The global pandemic has made us re-look at every sphere of activities and take it to the next level. With businesses adopting newer work models and financial institutions transforming their operations to support their customers the COVID 19 outbreak has reshaped global trading relations and supply chains. In the face of an economic drop-off, India has been able to stay strong and emerge as a hotspot for Foreign Direct Investment (FDI). According to the Secretary of the Department of Promotion of Industry and Internal Trade (DPIIT) despite the global economic slowdown the nation records the highest influx of FDI of around $30 billion in the pandemic during August to September 2020.

The year started with Facebook’s investment into Mukesh Ambani’s Jio and the trend does not seem to go down as investors consider India as one of the emerging market for foreign investments. In the financial year 2019-2020, Amazon has invested $154 Billion in the booming Indian digital marketplace. Amid the need for an alternative from China, many countries like the US, UAE, Germany, and France are on the lookout for investing in India. Japan is planning to increase investment in infrastructural order to about $300 billion by 2020. Foxconn, the Taiwanese electronic contract manufacturer has invested $1 billion in the country.

Many online platforms can keep you updated with such insights into FDI status in India. With streamlined services, these platforms provide the complete know-how of opportunities for investment in the country. As per World Bank Doing Business report India has moved 14 places from the 77th position to 63rd position in the ‘Ease of Doing Business’ ranking. The key drivers of such huge investment are the relaxation in the FDI norms and a free flow environment with reduced compliance requirements. The government has relaxed several rules in coal mining, defense, contract manufacturing, and so on. There are plans to reduce compliance requirements in areas like animation, broadcast, visual effect, gaming, and comics. On 30th December 2020, the Union Cabinet approved 100 percent FDI in Direct Home Broadcasting (DTH) services alongside increasing the license period to 20 years.

The Modi Government has always encouraged FDI in India by putting low rates of interest, reduced red-tapism, and creating a fully digital ecosystem. Prime Minister Modi has been able to bridge the gap in FDI from ‘Why India?’ to ‘Why not India?’. The union budget in 2021 is likely to allocate funds for increasing foreign investments in the service sector, manufacture, and automobile.

Online infomediaries can help you cut the lag and get customized insights about opportunities in the country. Tendersinfo’s India Market Entry platform is at the center of facilitating businesses overseas to set up avenues in India. With insights and knowledge from industry experts across all spectrum of work in India, our services give you a competitive edge over others while giving you the first movers advantage in the thriving marketplace. For more information connect with us at riya.p@tendersinfo.com

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How was 2020 for a Bid Manager?

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2020 comes to an end, and we take a look back at the bizarre range of events that the bidding community stood testimony to this year. With reports of the novel coronavirus appearing in several regions we could never imagine how it is going to impact our lives and the bidding community at large. Due to the increase in transmission countries went for complete lockdown and we were tied up to the limit of our homes. Bid Managers, Contractors and Companies were faced with an unprecedented series of events while the government had put a standstill on various projects and development ventures. COVID has dominated all over the last 12 months and caused significant changes in the tendering business like many others.

From boardroom meetings to virtual calls the Bid Managers, Contractors and companies have adapted to the new normal ways of business. Since countries went for a complete shutdown to curb the spread of this disease it caused a severe slow down in the economy as movement was restricted to essentials and health care. With the rising number of cases, governments eased out procurement rules and called out for suppliers to fulfill the overwhelming demand for masks, PPE kits, and other protective gear. Many businesses even changed their product line to fulfill the demand of the global healthcare sector.

Few months down, with Covid lockdown rules relaxation companies started to revive from the hit caused by the virus. Despite slower productions and lower sales organizations rapidly adapted to newer work models to make good for the gap created during the lockdown. Eventually, by the end of this year businesses are slowly getting back in place. As per U.S. Bureau of Economic Analysis following a record break fall of GDP by 31.4% in Q2, the US economy has expanded by an annualized 33.4% in Q3 which records for the biggest expansion post the coronavirus pandemic. The EU has adapted to various public procurement rules that are centered on boosting up the economy and prepare for future crises. With accelerated procedures and no minimum requirements, public procurement in the EU is carried on with the prime objective of meeting the urgent requirements of public administration and healthcare while maintaining transparent and fair competition. Bid managers are already looking out for newer opportunities in the government procurement projects and attempting to expedite their services to do good the damage caused during the lockdown.

We have immense faith that the coming year will prove to be more fruitful for you. At Tenderinfo, we standby to support you with projects that would revive your bid project pipeline with opportunities from your target interest areas and newer markets to look out for. Our team of 150+ researchers will notify you with insights into the public procurement plans in the EU, USA, and other regions while updating you with the upcoming projects and requirements for the same. Keeping the clutter out we will make sure you get daily access to insights and updates in your domain.

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An Insider’s Guide to Subcontractors

Are you new to the tendering business? Are you in two minds about how to tap the opportunities of government bid? Are you caught up in the pre-qualification criteria?
Well! The answer to your questions is ‘Subcontracting’. With minimum risk it lets new contractors gain experience in the on-going projects without the need to meet qualification requirements.

Government tenders offer many opportunities but it comes with a set of eligibility criteria that is often difficult for new contractors to meet. Even with zero experience and limited capacity you can get your hands into top-notch government projects by going sub. Construction projects offer many openings for subcontracting. When you join hands with a big project player you get to learn while you are making money. Here we have listed out few tips that you should keep in mind before searching for the next job as a subcontractor.

How to find prime contractors?

Contractors who have just started out make sure you choose a prime that works in the same line of work about which you have the knowledge or any experience. Hands-on involvement with seasoned contractors let you gain valuable insights about the market place and set the path for future growth. Many online portals can help you find the right opportunities to enter the market. With customized feedback and guidance from industry experts, these online portals can make your journey in the tendering business smooth and successful.

Spread the word

Networking is key in tendering business. It is very important to seek the right person at the right time. Let people know that you have the capacity and are available to take on new projects. Online portals with good track records offer you more than 1000 opportunities per day. Also, it helps you forge relations with prime contractors by making cold calls or setting up meetings to showcase your products and services and conduct site visits. Such gestures make the impression that you have acquired knowledge about the project and are willing to be a part of it.

Pipeline Projects

Not only is it important to look for current opportunities it is equally important to keep track of upcoming opportunities to make sure that the flow of projects is up and running. Tender information portals can streamline details about the scope of work, requirements, and tender drafts that specifically suits your interest. Make sure you have access to all information before investing in the tender.

Plan your act

It is well expected that a bid response can address every requirement of the buyer. Hence, subcontractors should have a thorough analysis of capacity, timelines, and work schedules before putting forward the offer to do the job to contract award company. Also, asking questions can help you get a better hold of the project and eventually give quality results from your side.

All in all, finding a subcontracting job can be a daunting task especially in the initial stages. There are certain things that you have to keep in mind before going sub. With more than 3000 customers ranging from fortune 500 companies to small and medium-sized businesses TendersInfo is delivering tendering information to its stakeholders for the last 20 years. It keeps the clutter out and provides the right job that compliments your skill set and experience. Subscription to TendersInfoo gets you to access daily insights specifically categorized to your industry and lets you know about the various subcontracting opportunities that are live and potential. Also, its facilitation service gets you in touch with prime contractors to build new relations and enhance your growth in the tendering business.

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Opportunities in $123 billion Indian port infrastructure market

India is prudently located on the world’s shipping routes with a coastline of approximately 7,517 km.

India has 12 major ports. The major ports have a capacity of 1,452 million tonnes by FY18 end. The Maritime Agenda 2010-20 has a 2020 target of 3,130 MT of port Capacity.

india-map-sea-ports Reference: www.mapsofindia.com

The ports’ infrastructure market in India is estimated to expand at a CAGR of over 9% during 2016-2025, on the basis of heavy infrastructure funding at ports and related infrastructures such as connecting roads, railways, and Coastal Economic Zones.

Furthermore, the National Perspective Plan of Government of India envisioned speculation in the investment of over USD10 billion for the next 5 years as well as focused at the development of ports. This investment inflow is forecasted to lessen demand and supply gap at ports in India in the near future.

The Government started the progressive Sagarmala Programme in March 2017, with an aim to desire the port-led development and growth of logistics-intensive industries. $123 bn would be invested across 415 projects under the Sagarmala Programme.

The National Perspective Plan for Sagarmala is expected to start with six new mega ports being developed in the country. Ports in India handle around 95 percent of the international trade volume of the country. This will lead to an increase in trade activities and private participation in port infrastructure is set to support port infrastructure activity in India.

Implementation of the Sagarmala dynamism by the Government of India grants investment opportunities for ports and related infrastructural development in order to boost maritime trade in India.

Besides this, modernization and expansion of ports by private international companies are anticipated to fuel growth in the marine transport sector in India, during the forecast period. Additionally, several Coastal Economic Zones (CEZs) projects are underway to concentrate manufacturing clusters near major ports and this is expected to surge demand for maritime trade in the country during 2016-2025.

The Sagarmala Programme was able to successfully complete 143 projects, while 190 projects worth US$ 28.2 Bn have been awarded and are under implementation. 21The average turnaround time was 59.51 hours during 2018-19.22The average output per ship berth day was 16,541 in 2018-19.23The development of the 13th major port has been approved at Wadhwan in Maharashtra.

Key factors of Indian port infrastructure market:

1. Over the decade starting 2005 annual cargo traffic doubled to 1 bn tonnes p.a.

2. The global growth rate of seaborne trade in India has grown at a rate of 3.3%

3. India is the 16th largest maritime country in the world

Investment Opportunities in Ports Shipping:

– Project – 84
– Opportunity – $10.44 billion
– Government Projects – 81

INVESTMENT OPPORTUNITIES- Make in India.

-Shipbuilding
-Ship repair
-Ship recycling
-Development of inland waterways and inland water transport
-Port and harbour construction projects
-Port and harbour maintenance projects

The government is particularly bullish on this sectoral opportunity as it has further committed to adding 58 projects by 2025 involving a cost of USD6.5 billion as part of National Infrastructure Pipeline (NIP) for infrastructure augmentation and development at major ports. Most notably, the government has introduced various fiscal and non-fiscal incentives for enterprises that develop, maintain, and operate ports, inland waterways, and shipbuilding in India. With the recent policy and initiatives stimulus, the government is looking to expand cargo traffic at Indian ports to 2500 MMTPA till 2025 from the current 2316.14 MTPA.

As the global economic growth shifts from the developed economies to the developing economies especially India, global companies need a new and adaptive way to reinvent their strategies, people, and risk to thrive.

TendersInfo India Market Entry Services can offer you a personalized bundled view of India market entry recommendation services to overcome those complications and facilitate strategies for your smooth entry in the Indian market.

Tendersinfo India Market Entry experts offer a sophisticated combination of consulting, financial, business and industry experience – a result-oriented advisory solution, instrumental in constructing your best market entry plan. This involves helping foreign companies prepare for market, identify suitable target markets and consumers, funding and market entry support via direct export, trade shows, distribution, acquisition, or direct investment.

Our services include:

+Market Intelligence & Industry Analysis
+Opportunity study
+Partner search
+Location Analysis
+Greenfield set-up
+Trade events participation
+Trade Mission support
+India Validation visit
+Company Incorporation and Trademark filing

Visit TendersInfo India Market Entry and facilitate strategies for your smooth entry in the Indian market.

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Opportunities for investment in India post covid-19

The novel coronavirus pandemic has resulted in unthinkable loss to the global economy and the loss of human lives has been extraordinary.

Globally, the coronavirus pandemic has killed 119,666 people and infected almost two million people, according to Johns Hopkins University data.

The large wave of novel coronavirus has affected most business sectors from agriculture to poultry, from petroleum to shipping, from aviation to hospitality and from real estate to apparel. As no sector has been spared the list is lengthy, comprehensive and wide ranging.

Due to Covid-19 has the world has changed crucially. To safeguard the people the nations are practicing the lockdown by keeping their businesses on hold, which have brought a halt to the wheels of economic growth.

After facing this situation and dealing with this unaware pandemic wherein there is an economic dip due to the coronavirus everyone around the globe including the organizations and workers are thinking that is there any light at the end of the tunnel, and where do we go from here?

For which according to many experts, there would be new opportunities, too, for greater cooperation in sectors such as pharmaceuticals and textiles. Besides, there is a golden opportunity for joint investments that could be made.

And when it is gone, the countries with proper plans will take a lead. We have to make sure we are ready for the new world post- coronavirus. There are many steps that we can take now to make sure when the lockdown is lifted, our systems are ready for economic growth. If we can do scenario planning, we, as a country, will win.

Now if we talk about India which even after being under complete lockdown less than a quarter of India’s $2.8 trillion economy is functional.

Lifting the lockdown will not be an easy process. It is a bumpy road ahead but if we can plan for it in advance and tackle major issues, we will be on the right path towards rebuilding India.

After the COVID-19 pandemic, India will have a favourable chance to build an economy that is more strong, adaptable and attractive to the global manufacturers as the majority of the businesses world wide are facing disturbance and are in confusion.

This is a great possibility where we can focus on rebooting the Indian economy.

The world is looking at India and manufacturers & service providers from across the globe are hopeful to identify opportunities in India.

Luckily for us, our agricultural backbone that accounts for almost 14% of our GDP can retrieve rapidly and in fact, grow next year.

The Micro, Small and Medium Enterprises (MSMEs) sector, which contributes to 30% of India’s GDP, is one of the key drivers of the Indian economy. We will also have to focus on integrating technology with distribution. If consumption products can be delivered using technology, it will be a massive push in reviving MSMEs.

These sectors will put people back to work and build some traction in the recovery of our economy.

Arguably, India and Indonesia should top the list of candidates. They are large countries located near China. Moreover, India has been extraordinarily been dealing well with the Covid-19 crisis so far.

It’s important that India is considered to share values and interests that align closely with those of Western democracies. It has impressive entrepreneurial talent, a large internal market and thriving private enterprises. India can offer everything that the world is looking for right from analytics, financial and management services.

Indeed, ever since the global financial crisis, more than 50 global companies (Apple, Nintendo, Sharp, HP, Dell, etc) based in China were already shifting, or planning to shift, their production location to other countries. The reason for their relocation was mainly due to rising unit labour costs, as rapid wage growth in China outpaced labour productivity growth.

If India aggregates its State capabilities with more open trade and investment policies, it could be a major beneficiary for the ‘Make in India’ strategy that would get a jump-start. India undoubtedly has the potential to be the winner in a post Covid-19 world.

India has showcased how responsible and reliable it has been by supporting the world medically during the tough times of pandemic. Prime Minister Mr. Narandra Modi is sure to ensure the post-Covid era belongs to India.

TendersInfo India Market Entry Services is organizing a Webinar on the topic: “Opportunities for investment in India post covid-19”. In this webinar learn how Companies from South Asia, Europe, North America and many other major countries can look at India as their alternative manufacturing or investment hub.

What our Experts will Cover:

+India opportunity in the post-Covid 19 scenario
+India as the global supply chains
+Markets reboot after the crisis
+Make in India initiative
+India’s advantage of abundance resources

Register for the webinar by clicking the below link:
https://us02web.zoom.us/webinar/register/WN_FG1Rr1ZtQB-c_OfsyYLExg

The COVID-19 pandemic and the consequent situation has shaken us all, but what we need now is a judicious mix of optimism and caution. Civilisation has endured several crises in its history which we have put behind us, we will overcome again. This too shall pass. So do register and be a part of this insightful webinar.

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How Governments are battling with Masks Procurement Globally

As novel coronavirus spreads across the globe companies are changing track to fight COVID-19 from deo’s to hand sanitizer, Mobiles to face masks, people are rushing to medical stores to buy hand sanitizers and face masks. More than 100 countries are affected by this deadly virus and amongst them, the top 10 worst-affected countries by #COVID19 are China, Italy, Iran, Spain, Germany, USA, France, South Korea, Switzerland, United Kingdom (UK).

Italy, the worst-hit country in Europe, is getting 800,000 face masks from South Africa, but it still needs at least 10 million more. Even though the workers are churning out 300,000 masks a day – and it’s still not enough.

As a result, the demand for protective masks and sanitizers has gone up. COVID-19 has caused a sudden increase in the demand for face masks.

Due to this shortage, many companies are repurposing their production lines to join the fight against COVID-19. The COVID-19 outbreak poses unprecedented challenges to businesses, governments, and societies around the world. Organizations are reacting in different ways to ensure business continuity, improve
the flexibility of their supply chain or adopt innovative ways to generate revenue.

WHO is working day and night to analyze data, provide advice, coordinate with partners, help countries prepare, increase supplies and manage expert networks. They have already estimated that 89 million medical masks will be required every month. Due to limited access to supplies such as gloves, medical masks, respirators, goggles, face shields, gowns, and aprons. WHO calls on industry, suppliers, and governments to increase manufacturing. While the WHO has shipped supplies to 47 countries including Iran, Cambodia, and Uganda.

As production of masks is not as easy as you imagine. And there’s now a global shortage of melt-blown fabric due to the increased demand for masks — and the difficulty in producing this material.

Hospitals are running out of masks, gowns and eye protection. New supplies aren’t being made rapidly enough to keep up with demand, and stockpiles seem to be decreasing. This is resulting in an unusual and remarkably worldwide shortage of medical face masks, which invites a re-emerging debate about their value in an epidemic. Doctors rely on effective use of personal protective equipment—gloves, face masks, air-purifying respirators, goggles, face shields, respirators, and gowns. A critical shortage of all of these is projected to develop or has already developed in areas of high demand.

Both the masks made for medical personnel and for consumer purchase require a once-obscure material called melt-blown fabric. It’s an extremely fine mesh of synthetic polymer fibers that forms the critical inner filtration layer of a mask, allowing the wearer to breath while reducing the inflow of possible infectious particles.

An important challenge in this context is to immediately search and qualify suppliers. However, in many cases, the existing supplier base can be leveraged to avoid lengthy qualifications and onboarding processes.

Clearly, there is a shortage of manufactured N95 respirators. You know this. Healthcare workers know this.

You can help. Today, right now. As a supplier, you can do something to help others. Hospitals and doctors are reaching out via social media to ask for mission-critical help in solving the shortage of N95-type masks during the current Coronavirus (COVID-19) pandemic.

If you are one of those suppliers who can supply the following items, click the below items to know more.

Disposable N95 masks
Disposable surgical masks
Medical Mask
Mask Respirator

TendersInfo being the world’s one of the largest Public Procurement Support and through our Tender Portal we can help you in providing information on E-procurement, Public Tenders, Government bids, International Bidding opportunities, etc. We help business from all sectors and countries with potential tender leads that help them grow their business globally through Tendering and as a proactive measure to help the government find suppliers of essential medical emergency related products and equipment We are “Calling all suppliers – Help Governments combat Coronavirus disease”

It is our hope that every government successfully achieves their target procurement to the maximum, through the buoyant network of suppliers.

As we have now reached a critical phase where healthcare workers that are putting themselves on the line do not have enough protective equipment for themselves. Through our efforts we can help together with other complementary efforts around the world, we would be able to beat this pandemic in a good time and make the world safer.

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How to grow your business through Bids during covid-19 quarantine

After WHO declared Covid-19 a pandemic, schools, universities in many states of the country have been closed for our safety. Many businesses and companies have made it compulsory that their employees work from home (WFH) in the ongoing effort to reduce the effects of the coronavirus outbreak.

As a Bid Management Team we know how challenging it can be to work on submitting bids during COVID-19 quarantine as working from home is difficult and how managing bids across all the possible segments of the proposal can get a tad overwhelming. You need to make sure that your bidding strategy is aligned with your bottom line.

For times like these we have a Bid Management Software which allows a bid manager to have the entire bid process on a single repository wherein you can automate all your bid pricing processes which will let you define the approval workflows, offer bid tracking, and provide detailed pricing analysis at your finger-tips. You can now approve or reject, with confidence! Know more about the features of this Bid Management tool:

1. Stay Connected with your Team members: A bid manager is responsible for maintaining a communication flow between all the members involved in submitting a bid. In case of a large organization where there are various teams involved imagine having a conversation with so many people over an email, not having an apt communication flow and tool to support that discussion will surely lead to a disaster and might increase the chances of losing the bids. This Bid Management software will ensure all the members participating in submitting the bids have a smooth communication flow through a chatbox and instead of updating each team member the progress made by others they can just view the work done by their members on this platform. This not only saves time but also ensures submission of quality bids.

2. Helps you Communicate Expectations: Bidding can be a complex process. The role of a bid manager is to take ownership of the end to end bid process. One of the tasks of the bid manager is to monitor the status of the current bid, which can be quite time-consuming to gather updates from all the team members working on a bid from various departments over emails. The bid evaluation software helps a Bid Manager save time and get clear visibility of the bid status and the process, constant warning alerts are sent to members working on a bid through notifications about the timeline to be achieved, which enables the bid manager to have prompt communication with the team members through the chatbox system and get updates.

3. Evaluate & Analyze Frequently: To ensure that tasks are being completed on time, communication guidelines need to be clarified and set with managers. Bid Analysis software lets a bid manager analyze the data and support multiple business units and territories. The data is easily traceable and auditable. Get all the relevant data you need on a single platform, maintain a record for pricing bids and approvals, analyse the data in any dimension be it a business unit, territory, value, time, OEM/PARTNER, and competition. Take that pricing decision with confidence. As Two-way communication is absolutely key.

4. Save your time through Bid Approval process: A valuable bid review and approval is a process that provides a reasonable opinion from a customer-based viewpoint. Bid Approver can either Approve or Reject bids. The proposal management software will help a bid manager to capture competitors’ information, glance through the earlier proposals, have insights on the deal history and analyze the current bids, team is working on.

Working from home is an opportunity to do your best work. But you can only achieve this if you plan your day to be optimized for work and if you set up some rules to follow you will find that your productivity will not suffer and in fact you may be even more productive because of the lack of distractions.

A powerful bid management platform can initiate positive performance for your business that brings down the time it takes to develop the commercial bids from months to weeks to days.

Still wondering how you can submit quality bids during self-quarantine? Join our exclusive webinar ‘Learn how to win more bids by staying connected with bid teams in the times of lock down’ on 15th April and learn more about how you can target and win more by submitting quality bids. You can register on this link https://bit.ly/2URksWh and join us for our exclusive free webinar with your Bid Management Team.

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Tips for Bid Managers Working from Home during #Covid 19

As the world sweeps during the COVID-19 pandemic, many industries are being hit hard by this disruption. To maintain social distancing and self-isolation the government appeals to companies around the globe to roll out obligatory remote work that is giving their employees work from home to ensure that the employees are safe.

From the UK to the US, Japan to South Korea are encouraging employees to work from home while keeping their routine tasks on track while minimizing the probability of infection.

In the last few days Global companies like Google, Microsoft, Twitter, Apple, Amazon have made it compulsory for their employees to work-from-home.

Amid the spread of Covid-19 Bid/proposal managers have busy and chaotic working schedules. Efficient use of time management techniques can help improve performance and reduce stress levels.

Here are some tips for Bid Managers on how to find perspective and a sense of balance as you prepare to work within the confines of coronavirus quarantine:

Develop a remote working roadmap for your business:- Firstly analyze the attitude to remote working in your organization, where are you currently at and what needs to be done to qualify fully workable conditions. Do you have the necessary infrastructure in place? As a bid manager, you need to keep a necessary check of whether your employees are equipped with devices that can access the network remotely? Map out the full landscape as it currently is.

Maintain a Detailed Planner: Consider keeping a planner to map out what each day should look like, What tasks do you need to complete for your current assignments? Which coworkers should you virtually check-in with, and when?

Revisit that long-forgotten project: Somewhere in the deep, dark depths of your computer’s file system, do you have an unfinished project? If so, then you might want to use this time to dust off the files.

Video conference with your Bid Team: Technology allows managers and co-workers to talk about any circumstances without coming into contact with each other, through digital sites. These digital products are widely available and will help enhance your Bid team to work effectively.

Bid remotely and win together: Wondering how you can submit quality bids during self-quarantine? We have the answer for your problem on how challenging it can be to work on submitting bids during COVID-19 quarantine. For times like these we have a Bid Management Software which allows a bid manager to have the entire bid process on a single repository. Join our exclusive webinar ‘Learn how to win more bids by staying connected with bid teams in the times of lock down’ on 14th April and learn more about how you can target and win more by submitting quality bids.

As a proactive measure to help the government find suppliers of essential medical emergency related products and equipments TendersInfo as a part of Public Procurement domain has initiated a special dedicated page for Covid-19 Procurement Supplies: We are “Calling all suppliers – Help Governments combat Coronavirus disease” which would serve as a help page for governments procurement officers with needs to make Covid 19 related procurements faster and accessible. As a Bid Manager it’s your opportunity to Bid for the opportunities for #Covid 19 Tenders:

Disposable N95 masks
Nitrile gloves
Gowns
Disposable surgical masks
Vinyl gloves
Bottles of hand sanitizer
Medical Mask
Mask Respirator
Goggles
Face Shield
Aprons
Personal Protective Equipment
Laboratory Testing
ICU Beds
Hospital Beds
Covid 19
Quarantine
Disinfection services

We understand that you must be missing your daily routine of no morning shuttle , no stopping by your co workers’s desk to say hello, no lunch at your favorite restaurant around the corner from your office — the daily routine is feeling much different for many workers as the world works to contain COVID-19.

But remember as a Bid Manager it’s on you to bestow and lay out clear communication and sometimes it might also be difficult to keep up the team spirit and morale as It’s easy to be stressed out or depressed these days, but If as a bid manager don’t forget to acknowledge that there is stress and difficulty but your job is to be a cheerleader for the team during this difficult time.

It’s an incredibly roller coaster situation for us. Take care of yourself and others, and remember to wash your hands!

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