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Tenders Management & Monitoring: Keys to success
Tenders are becoming increasingly relevant for purchasing in the healthcare & pharmaceutical sector. To ensure profitable growth, pharmaceutical companies need to strive for tender management excellence.
Thus, companies need to adapt to new competitive environments, where tendering have become the new standard procurement practice.
However, this is not an easy task. Pharmaceutical companies have to deal with multiple stakeholder involvement, limited stakeholder access, and varying processes across markets and countries.
Therefore, companies need to formulate localized tenders strategies. Furthermore, the tender structure needs to be carefully analyzed to capture relevant differentiation.
That’s why equipping your organization with the right system will help you develop a structured and proactive tendering strategy.
Tender management system: New Opportunities
Integrating a tenders management system into your company’s processes will bring you many advantages and benefits such as:
- Interaction with the process, its phases and stakeholders during the whole tenders’ life.
- Analysis of the characteristics and attributes such as offers markers, prices, assignment criterias, competitors, etc.
- Integration of all sources of information and interest, keeping them uptades and operating as a single point of management for the company.
But, does all tenders management systems include these features? Not really.
What should we look for in a tender management system?
Therefore, in order to make the decision process easier for companies when analyzing and looking for a good tender management system, at BISIONA we have developed a free guide where we explain what the functionalities are and the keys to follow to achieve efficient management and monitoring of bidding processes in the Pharmaceutical industry.
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