As history has shown, procurement on a macro level provides tremendous insight into government economic responses, and gives us a deeper dive into the intent of policy, sector and organisational maturity; and it signals the willingness of both sides – the buyer and the supplier – to innovate and/or to problem solve.
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The global financial crisis between between mid 2007 and early 2009 disrupted the way business was conducted more than any other modern event, and there wats more to come. ‘Reform and renewal’ agendas swept across governments worldwide, with regulatory change spinning the wheels once again in the procurement of enterprise goods and services.
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Tender Trends: Then and Now chronicles the evolution of the procurement process — from its early...
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Creating a data analytics roadmap for bidding organisations is both challenging and exciting. With new and emerging data sources linked to bidding activity, businesses can access faster insights to support strategic decisions and manage risk like never before.
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When an organisation pursues a bid opportunity it will invest significant time, cost and resources to win the contract. Therefore, the assessment, prioritisation and selection of the right opportunities is a critical decision that has direct correlation to business success. This whitepaper presents the common factors used to support bid no bid decisions and explores the potential application of AI to advance the bidding and procurement process.
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