Course Code: PSCO 115
760 Course Visits
Competitive Bidding: Understanding Procurement Bids
Course Sector:
Procurement & Supply Chain Operations
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
10 - 14 Jun 2024
5 Days
Barcelona, Spain
$4,950
02
02 - 06 Sep 2024
5 Days
Dubai, UAE
$4,250
03
22 - 26 Dec 2024
5 Days
Riyadh, KSA
$4,250
Introduction
Training course introducion / brief

Tender/Bid Management is one of the most useful management skills in any business. Being able to write winning bids is the cornerstone of many businesses and can be the difference between success and failure. This includes managing and planning their own time and working effectively with others to ensure a consistently high standard for all bids. It also explains how to consider risk and commercial aspects.

This training course is designed to provide participants with the relevant knowledge and concept of effective tender/bid management and increase their ability to manage bidding procedures. This training will also improve participant’s efficiency, confidence in a bid writing role or develop existing skills. 

Course Objectives
At the end of the training course, participants will be able to
  •  Gain a comprehensive understanding of what a tender is and the different components of a tender / bid and manage each of them.
  • Evaluate a tender and prepare a compliant response
  • Prepare and manage effective high scoring submissions
  • Develop a pricing strategy
  • Demonstrate negotiation techniques to achieve desired outcomes
  • Plan strategically for improvement 
Course Audience
Who is this course for, and can benefit the most
  • Procurement Manager / Supervisor
  • Procurement officer / assistant
  • Purchase officer
  • Vendor manager
  • Supplier relationship officer
  • Purchase coordinator
  • International Buyer
  • Category purchasing manager
  • Supply chain officer- Procurements
  • Logistics Professionals
  • Distribution Managers
  • Working in this field
  • These who wants to start a career in this field
Course Outline
The course aims and learning outcomes
INTRODUCTION TO TENDER/BID MANAGEMENT
  • What is a “Tender/Bid”?
  • Different terms of Tender/Bid
  • Request for Proposal (RFP)
  • Request for Information (RFI)
  • Request for Quotation (RFQ)
  • Invitation to Tender (ITT)
  • What is Tender/Bid Management?
  • The Concept of Tender/Bid Management
  • The Bid Team
  • Creating an Effective Bid Team 
CHECKING INTERNAL FEASIBILITY
  • The Bid Budget
  • Bottom/Top Budgeting
  • Top/Bottom Budgeting
  • Analyzing the Bid Document
  • Setting Objectives
  • Assignment allocation amongst team members
  • Assessing Constraints
  • Listing Activities: Work Breakdown Structures (WBS) 
TENDER/BID MANAGEMENT
  • Time Management
  • Time Scale
  • Network Diagram
  • Critical Path Analysis
  • Gantt Chart
  • Bid Specification Management 
TENDER/BID MANAGEMENT (cont.)
  • Bid Risk Management
  • Managing the Team
  • The Communication Process
  • Bid Closure 
TENDER/BID PREPARATION
  • Preparing the final document
  • The pre-bidding
  • Bid Evaluation
  • Bid Contract
  • Post Tender Meetings/Clarifications/Negotitations
  • Bid Closure
  • Assessing your Bid Management Skills 
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Over all rating
Excellent
Average
Below average
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

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