YPO is launching a new service for suppliers to help improve the procurement process.
Joining forces with ‘the bid toolkit’, an online tendering guide and training platform, YPO will provide engagement, tools and training opportunities to help suppliers when bidding for public sector contracts.
The partnership will bring together cutting-edge private sector bidding best practice with procurement specialist insights, to help with the often quite daunting prospect of public sector tendering.
YPO’s strategic markets manager Duncan Spokes said: “The aim of the partnership is to deliver great value for the public sector by increasing the volume of better quality, compliant tender submissions. This will in turn help to reduce bid costs through increased win rates, reduce staff stress levels around bids and overall, create a smoother, better understood buying process.”
the bid toolkit’s lead, Jeremy Brim said: “Public sector procurement bodies find that the quality and compliance levels of submissions they receive from the private sector can often be fairly low. This has become an increased concern, as more and more organisations are forced to bid for opportunities for the first time, such as for apprenticeships providers.
Both the buyers and the suppliers end up wasting time in dealing with unsuccessful tenders, with prolonged exchanges of queries, that ultimately don’t deliver value for buyers and their stakeholders.”
the bid toolkit website is now live, giving suppliers the opportunity to access a range of guidance on submitting successful tenders to the public sector. The website includes free information on the tendering process, with the option to purchase further training content and tools to support successful bidding.
In addition, the bid toolkit and YPO will be hosting a series of bidding masterclasses, sharing techniques for successful tendering. The sessions will run through practical exercises along with unique sections and Q&As delivered by YPO procurement experts. Dates include:
- 12 December 2018 – Bids and proposals masterclass – London
- 23 January 2019 - Bids and proposals masterclass – London
- 6 February 2019 - Bids and proposals masterclass – Manchester
For more information, to book courses or to access the bid toolkit website please visit ypo.co.uk/thebidtoolkit