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The Tender Process: Will the Future of Tendering Be Shaped by Gen Zs?

Tracker Intelligence

This means that the tender process will have to be streamlined and efficient if it’s going to appeal to Gen Zs. The tender process is an important part of business, and Gen Zs will likely have a big impact on its future. The tender process is an important part of business, and organisations must get it right.

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What is a Tender in Construction? Your Essential Guide

Tracker Intelligence

Introduction to Construction Tenders Securing lucrative contracts in the dynamic engineering and construction industry requires an understanding of the tendering process. A formal call for bids on a project, known as a tender, initiates the bidding process among prospective contractors.

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Did you use AI to write this tender? What? Just asking! -- Also, how will you use AI to deliver this contract?

How to Crack a Nut

Second, there is the issue of tenderers using (generative) AI to write or design their tenders. AI-generated tenders The AI PPN is however mostly concerned with the use of AI for tender generation. Slightly simplifying, there are three broad areas of AI-procurement interaction.

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Can British Businesses Fulfill Domestic Demands? Tender Contracts Can Help

Tracker Intelligence

Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Brexit has dramatically changed the UK’s import and export-dynamic. Pre-Brexit trade predictions estimated a 15% decline in UK imports and exports. However, many businesses may not know where to turn when it comes to tender contracts.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

Bridging the digital divide: Implementing open procurement for effective digital transformation Digital transformation is arguably the most important administrative undertaking of governments around the world. There is research to show that every additional tenderer leads to a price reduction.

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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

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Seven Steps To More Transparent Sourcing

Procureware

Most procurement software projects are focused on efficiency; however, transparency needs to have equal attention. Trust is the cornerstone of procurement and transparency builds trust. Making this information available to the public provides another level of transparency and emphasizes that the tender is open and fair.