Tender Writing - What are the Benefits of Tendering?

1
(No Transcript)
2

• Tender writing is the most common way for the
  companies to procure goods and services and award
  contracts.
• Companies will also use the tendering process to
  get a lower price and to keep current suppliers
  motivated.

3
Benefits of tendering Some of the key benefits of
the tender writing process are No favouritism
Tender responses are evaluated on certain
criteria, which may include price, value for
money and quality. As most tender applications
are opened and then evaluated in a public
process, there remains very little room for
favouritism.
4
Value for Money Tender writing allows you to
have a critical and honest look at your business
to provide the tendering company the best value
for money. The tendering company can select from
a wide range of potential suppliers to find the
one who can produce the best quality product or
service for the lowest price.
5
Encourages Competition The process of tendering
helps stimulate a competitive market. This then
allows you to get to know your competitors
strengths and weaknesses while showing you what
you need to do to improve your chances and to
improve quality and lower expenses. Competition
also encourages innovation and new ideas.
6
Easier Entry The tendering process is an easier
and simpler way for new firms and businesses to
establish themselves in the market or in a
particular industry. Contracts awarded through
tenders are chosen on the basis of a selection
criteria which is predetermined. This allows a
firm that is new to the market, equal chance of
winning a lucrative and prestigious contract.
7
Commitment By investing the time, effort and
valuable resources necessary into your tender
writing to respond to a tender, you are
demonstrating your commitment to the tendering
company. Quality tender writing and producing a
tender proposal of an extremely high standard
that has every requirement addressed, evidences
your attention to detail and willingness to go
above and beyond which a tendering company will
find desirable.
8

• You need to think long and hard before diving
  into the tender writing and tendering process.
• Although there are definite advantages to
  tendering, there are also disadvantages.
• You will need to make important decisions when
  looking at the supply of goods or services to an
  organisation.

9

• A key considerations is of tendering is
  appropriate for your business at this point in
  time.
• If it is appropriate for your business to tender
  now, then do not underestimate the amount of
  time, resource, and industry knowledge it will
  take to produce a contract winning tender
  proposal.
• Once you have established yourself within the
  tender writing process, it will pave the way for
  a successful business.

10

• You can always consider enlisting the talents of
  a professional tender writer. An experienced
  tender writer is a worthwhile investment as you
  are free to deal with the day to day tasks within
  your business while the tender writer gets to
  work.
• Red Tape Busters has a friendly and hard-working
  team of tender writers ready to help you win that
  contract. Tender writer Melbourne, tender writer
  Brisbane, tender writer Sydney and everywhere in
  between, Red Tape Busters are waiting for you.

11
Please also friend or like us on Facebook
https//www.facebook.com/RedTapeBustersShaneBower
ing, follow us on Twitter Red Tape Busters or
check us out on YouTube just search for Red Tape
Busters.
12
Thank You!!