Management

Training Course: Advanced Bid and Tender Management


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MA234826

29 Jul - 2 Aug 2024

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction

Advanced Bid and Tender Management Training Program is designed to provide participants with a set of highly desirable skills in managing the bid and tender process effectively and with accountability.

This comprehensive program addresses the topic from both the supplier and purchaser's perspectives, outlining the specific challenges associated with developing working relationships that are not only practical but ethical.
In addition, the course covers the following key topics:

  • Developing procurement strategies
  • Probity & accountability
  • Effective negotiation skills
  • Anti-corruption safeguards & systems
  • Avoiding the 'underbidder' and 'race to the bottom

Participants will leave the training with the necessary knowledge and skills to bid and tender effectively in a cut and thrust procurement environment, ensuring that every pound spent is accounted for.

Target Audience

The Advanced Bid and Tender Management Training Program is suitable for a number of professional figures, including:

  • Procurement Directors
  • Business Owners / Managing Directors
  • Chairmans
  • Supplier Managers
  • Supply Chain Consultants
  • Buyers / Senior Buyers
  • Operations Directors, Operations Managers
  • Finance Managers
  • Project Managers
  • Operations Managers
  • Executive Directors
  • General Managers
  • Divisional Heads
  • Project Directors
  • Project Engineers
  • Project and Team Leaders
  • Anyone responsible for or involved in Supplier Relationship Management

Training Program Content

Module 1
Introduction to bids and tendering

  • What are Bidding and Tendering all about?
  • What makes a good Invitation to Tender (ITT)?
  • What makes a good Bid?
  • Why is it important?

Module 2
Understanding the procurement cycle

  • The procurement lifecycle from A to Z
  • It all starts here – identifying the need and writing the specification
  • Strategic Sourcing – key to choosing the right supplier
  • P2P (Purchase to Pay)

Module 3
Stakeholder Management

  • Stakeholder mapping – who do we need to involve?
  • Stakeholder analysis
  • Involving the stakeholders
  • Communicating with the stakeholders

Module 4
Identifying the need

  • Business alignment and cross-functional working is key
  • Baselining – where are we now, and where do we want to be?
  • Gathering requirements
  • Needs – not wants

Module 5
Markets, customers, and suppliers

  • Analysing markets – Porter’s Five Forces and other tools
  • How do buyers look at suppliers?
  • How do suppliers look at customers?
  • Finding the match – the right supplier for the right customer

Module 6
Writing the specification

  • From requirements to a specification
  • What makes a good specification?
  • What should and shouldn’t it include
  • Output- and outcome-based specifications

Module 7
The tendering process

  • The tendering process from A to Z
  • Fairness and transparency – avoiding corruption in all its forms
  • Awarding the contract – with an emphasis on value
  • Giving feedback to the bidders

Module 8
Putting together the Invitation to Tender (ITT)

  • What’s in a name – ITT, RFP, RFQ, and PQQ explained
  • Who does what? – good organization is key to success
  • Contents of a good ITT
  • Starting with the end in mind – good evaluation criteria

Module 9
Understanding the sales cycle

  • The sales lifecycle from A to Z
  • Approaching the prospect
  • Writing and presenting the bid
  • Handling objections and closing the sale

Module 10
The bidding process

  • The bidding process from A to Z
  • To bid or not to bid – the bid /no-bid decision
  • Writing, reviewing and submitting the bid
  • Getting the response you want

Module 11
Putting together the bid

  • What’s in a name – is this an ITT, a PQQ, or something else?
  • Who does what? – good organization is key to success
  • Contents of a good bid
  • It’s all about winning!

Module 12
Bid evaluation

  • Longlisting and shortlisting
  • Bid evaluation techniques – informal and formal
  • Weighting and scoring – keep it simple!
  • Looking for value – all the time

Module 13
e-tendering

  • What is e-tendering and how does it work?
  • E-auctions
  • The E-RFx
  • Responding to an e-tender

Module 14
Soft skills for procurement and bid-writing professionals

  • Communication skills for bidding and tendering
  • Persuasion as a key selling skill
  • Engagement and motivation
  • The art of negotiation

Management

Training Course: Advanced Bid and Tender Management


Register Now
Quick Inquiry
Discount Group Download Brochure (4)

MA234826

29 Jul - 2 Aug 2024

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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