Why bids + tender processes are a complete waste of time
About this episode
Jess explores the complexities of procurement and why bids and tender processes are often not the easy wins they seem to be.
In this episode Jess explores the complexities of procurement, including bids, tenders and preferred supplier agreements. If you've been looking at these as a shortcut to big contracts Jess shares the competitive realities of these processes and why they are rarely the 'easy win' they appear to be. With many decision makers often out of the office throughout the summer months it's vital to prioritise the right business development activities and tighten up your sales strategy so tune in to learn why a sharp strategy in May is your best defense against a quiet July Key Topics Definitions and Distinctions Learn what preferred supplier agreements, bids, and tenders actually are 14:14 Differentiates between: Preferred supplier agreements (agreements to be a first point of call, often at a discount) 15:07 Tenders (organisations inviting suppliers to quote for a specific value/project) 17:20 Bids (suppliers' direct response/proposal to tenders) 19:15 Where to Find Bids, Tenders, and PSAs Understanding of public sector portals, government and council websites for sourcing 20:16 Explains why a business model built solely on price-cutting and competitive bids often fails to scale 21:21…
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