What is Tendering?
The process of tendering
has long been a recognised method of procuring contract goods and
services. For various reasons, potential suppliers use tendering as a
fair and equitable process of bidding for prospective works. Some of
these include:
- to drive ongoing total cost reductions
- to optimize supply base to balance costs
- to manage compliance and mitigate risk
- to reduce maverick spending
- to drive down contract risk
- to maintain auditable supply and contract management processes
- to stimulate new product development with supplier innovations.
But despite the enormous benefits which come with the tendering
process, it can still be a time-consuming and manually intensive
process. Issues such as probity, transparency of process and buyer
confidentiality complicate the process further. If one is able to
manually and effectively manage the tendering process and account for
all of these potential issues before they occur, you will end up saving
time, money and effort. If only it were that simple. Human errors can
still occur and the amount of manpower required to ensure a perfectly
maintained tender database is immense.
eProcurement
In today's business environment, electronic tendering or eTendering (as
it is commonly known) is widely regarded as one of the most efficient
tools available for managing online tenders. By listing tenders online
on a dedicated tendering website, an eTender portal instantly simplifies
matters by taking care of all the tricky matters for you.
By using eTender portals such as that provided by TenderSearch,
your job is made that much easier by ensuring the highest level of
probity. We know that it is important not to compromise the integrity of
the tendering process so quality control is maintained by simple
procedures such as:
- providing swift and relevant responses
- maintaining an open pool of knowledge and resources
- contacting all pertinent and interested suppliers
- preserving anonymity amongst clients and competitors
Of course, even with e-Tendering practices it is still possible to run
into complications. That is why it is so important to minimise all
contingencies by making sure that the eProcurement portal you use is
governed by ISO 9001 accreditation and W3C* compliance. Further possible
risks can be drastically minimised by working with a recognised
provider that operates in a secure environment within our shores where
it is governed by Australia's strict privacy laws and not being
redirected offshore.
TenderSearch provides what it
believes the best eProcurement solution in the Southern Hemisphere, not
only reducing the administrative burden and associated costs but also
providing your suppliers with a one click link to your own branded and
personalised e-Procurement portal.
Imagine being able to manage your tender documents with just a click of the mouse. A company like TenderSearch provides simple and easy-to-use techniques for effortless eTendering management:
- Unlimited access to documents for suppliers
- Self-Managed and verifiable registration process any time, day or night.
- Q&A forum where suppliers can post and view questions and responses to tenders simply by logging in.
- Managed distribution of addendums
- Electronic Tender Box allowing suppliers to submit responses electronically via our 128bit secured Tender Box.
- Predetermine to a specific time when a tender is released.
- Control who has access to tenders (Open/Public or Private/Closed Tenders),
- Print out your own reports at any time of the tender process.
- Your suppliers have a dedicated consultant ready to assist by simply by calling 1800TENDER
Your company should always be able to maintain the highest level of
efficiency, integrity and quality, especially in tendering processes.
Why settle for anything less? It is vital that when choosing a site with
which to host your purchasing requirements, you make sure it is one
with the utmost in accreditation, experience and service. If you strive
at maintaining a standard of excellence within all your business
dealings, it only makes sense that your tender management process should
do the same.