Posts Tagged: bid management

What’s the difference between an EOI, RFP, RFT and RFQ?

What’s the difference between an EOI, RFP, RFT and RFQ?  If you’re confused by the plethora of terms around bid management, tender consulting, proposals and the equally confusing list of acronyms related to procurement you’re not alone. The various acronyms used in the procurement process has a lot to do around the buyer’s readiness to purchase….

The role of the bid manager – a transformational change

Do a search on job boards, LinkedIn and Google, and you’ll soon see that the procurement and business development profession – and the way in which services are procured and delivered, are undergoing a transformation. While the tender (or bid) manager traditionally represented the organisation through words, the profession’s responsibilities – and role titles –…

How tenders and bids have changed: observations from a veteran

With 17 years experience in the industry, Thought Bubble is now into its fifth generation tender and bid cycle.  We look at how this growing discipline is evolving into a corporate necessity. How tenders and bids have changed – where we have come from Gone are the days when contracts and deals were sealed over…

Managing the tender process – are you in fight or flight mode?

You’re jumpy, with raised heartbeat and blood pressure…fear, tension and fatigue consume you.  And then, the impulse to move and be busy transports you to a hyperactive state; followed by a collapse into an alert tiredness again. If this ‘episode’ sounds strikingly familiar then chances are you’re part of a tender or bid team. This…