The Importance of Non-Price Criteria in a Tender
When submitting a bid, it can be tempting to focus solely on price. Non-price criteria – or quality requirements – are increasingly taken into consideration when contracts are awarded.
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Author: Nyree McKenzie
Whitepaper #2: Go Digital or Die – Bid Management Doesn’t Have a Choice
In the very near future bid management will combine robotic process automation (RPA) with cognitive technologies such as machine learning technologies such as machine learning, speech recognition, and natural language processing. These technologies will help to automate higher-order tasks wtih AI assist that in the past required the perceptual and judgement capabilities of humans. These are just some of the ideas that we at Bidhive dream of for our industry. Read about them in our whitepaper.
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Data driven bid management: how technology is reshaping the profession
Are you tracking win rates, team performance and analysing the market? Bid-related data is...
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Whitepaper #9: Tracking bid metrics to improve bid economics and outcomes
Data science and bid management are converging Do you have line of sight visibility of your bid...
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Advancing procurement 4.0 with artificial intelligence
Procurement 4.0 has been discussed by industry for years now, but it will be government that hits the go button to get the ecosystem going. How can new technologies increase agility within the procurement function? And what will the new procurement look like? This is one of the hottest topics being discussed in procurement circles right now after the industry lagged too long in modernising their systems, and subsequently suffering the fallout of supply chain disruption and COVID-related corruption.
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