October 2018 | Bidhive

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The human cost of bidding and tendering

by Nyree McKenzie | Oct 19, 2018 | Trends

Bidding and tendering is a critical activity across many industries, with companies spending up to 2% of the total contract value on the bidding process. It’s an ultra-competitive function that is critical to winning new work and keeping existing contracts. But what...

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Bid management is now a mature enterprise sales practice that involves dedicated resources to win and retain critical supply contracts. As the automation of knowledge work advances, organisations will need to evaluate and choose a platform that delivers organisational value and competitive advantage.

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The human cost of bidding and tendering

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