Tendering, Bidding & Procurement
Turn your bids into wins.
Unify your tender processes, amplify your team’s potential, and turn data into your competitive edge—no matter how complex the tender landscape.
Total Tender Visibility, for Leaders and Teams
See the full picture of your tender pipeline, team capacity, and win rates. Gain the clarity you need to pivot strategies, allocate resources efficiently, and maximize your impact in every bid.
Through automated processes like web page scanning and fetching, coupled with focused web crawling techniques designed to seek out specific information and topics, our AI-driven system ensures that Life Sciences organizations can identify, assess, and capitalize on the most relevant tenders and market insights.
The features that support your work
Tender Calendar
- Advanced Tender Discovery (contract notices, prior notices, past tenders)
- Automatic calculation of Anticipated Tenders
- Advanced retrieval of tender and tender lot information
- Automatic prioritization of tenders and tender lots
- Advanced Filtering and export capabilities
- Capturing tenders from different sources and bringing them into one standardized and easy-to-manage format
Tender Awards
- Detailed tender historical information
- Award Criteria
- Tender Winners
- Awarded Values
- Geographical Representation of awarded tenders
- Filtering and export capabilities
My Tenders
- Qualify tenders directly from Discovery
- Manually add tenders/lots when required
- Access a dedicated Tender Workbox for all your qualified tenders
- Edit tender data, including detailed lot information
- Track tender outcomes
Award Criteria
- Displays the most frequently used award criteria categories for tenders in selected countries.
- Category, Year & Product filtering: Filters by main criteria categories, analyzed years, or keywords in customer configuration.
- Country Overview (Heatmap): Shows occurrence, weighting, and importance of criteria categories by country.
- Criteria of Awarded Lots During Period (Bar Chart): Shows occurrence and average weighting of criteria categories.
- Year On Year Trend for Category: Shows trends in average weighting and occurrence of criteria categories.
- Meat VS Price-Only Tenders: Compares price-only and MEAT tenders over time.
Challenges Resolved
Spend less time searching, more time winning
Automate time-consuming tasks and focus on what truly matters – creating winning bids. With our automated search capabilities, you can discover relevant tenders and information from multiple sources and thousands of documents, saving you valuable time and resources.
Decisions are now data-driven
All relevant teams, regardless of geography, have real-time access to upcoming tenders, bidding opportunities, and actionable insights, directly related to your portfolio and countries of interest.
Collaboration Hurdles
With teams working from a single, integrated platform, collaboration becomes seamless. Break down silos between departments, ensuring everyone is aligned on tender priorities and deadlines.
Let AI handle all other complexities
Leveraging AI technologies throughout the entire tendering process is not just about saving time and reducing manual effort; it’s about improving efficiency, consistency, and decision-making, ultimately delivering a superior tendering experience for you and your team.
FAQ
Q:
1. Who can benefit from Cube RM?
A:
Cube RM empowers Life Sciences and Healthcare organizations of all sizes involved in the public tender bidding process. Whether you’re a small biotech startup or a large pharmaceutical company, our platform streamlines tender discovery, provides valuable insights for informed decision-making, and helps you optimize your bid strategy for increased win rates.
Q:
2. How does Cube RM analyze tenders using AI?
A:
Cube RM leverages Large Language Models (LLMs) to analyze tender documents in multiple tender sources and languages. These advanced AI models understand the key details of healthcare terminology and tender requirements. This enables them to extract crucial information, identify relevant opportunities, and automate tasks with human-like accuracy. This comprehensive analysis ensures you have all the relevant data at your fingertips to craft winning bids.
Q:
3. What kind of insights does Cube RM provide through Tender Central?
A:
The Challenge: Finding and analyzing relevant tender data can be time-consuming and difficult. Tender Central solves this by:– Aggregating Tender Intelligence: Access all relevant tender information from a single, user-friendly platform.
– Personalized Insights: Easily discover tenders tailored to your specific needs and portfolio with just a few clicks.
– Forward-Looking & Historical Data: Gain insights from both upcoming published and anticipated tenders, as well as historical data on winners, awarded values, and award criteria.
– Competitive Intelligence: Uncover key information about major tender buyers, competitors, awarded values, and award criteria specific to your market and portfolio.
Q:
4. How does Cube RM’s tender discovery process reduce “noise”?
A:
Our AI-powered healthcare & tender-specific DeepDive search, goes beyond simple keyword matching.– Deep Dive Technology: This advanced technology analyzes tender documents using healthcare-specific criteria and tender requirements.
– Focus on Relevant Opportunities: By filtering out irrelevant information, Deep Dive ensures you see only the most relevant public and local tender opportunities for your business.
– Extract Hidden Details: DeepDive can even extract crucial details like award criteria, specific requirements, and lot details often buried within tender documents (dosage, form, strength etc). This helps you make informed decisions about tender qualification.
This targeted approach saves you valuable time by eliminating irrelevant tenders and focusing on the ones with the highest potential for success.
Q:
5. How does Tender Pricing Guidance help me find the optimal price to bid?
A:
Tender Pricing can be complex, especially with limited competitor data. Cube RM’s Tender Pricing Guidance helps you overcome this challenge by leveraging AI to:– Simulate Pricing Scenarios: Test different pricing strategies to identify the optimal price point that maximizes both profit and your chances of winning the bid.
– Analyze Competitor Data: Gain insights into potential competitor pricing strategies based on available data.
-Win Probability Calculations: Calculate your win probability at different price points to make informed bidding decisions.
– Guided Process: Tender Pricing Guidance walks you through the process step-by-step, providing checklists and relevant information at every stage.
This comprehensive approach empowers you to set competitive and profitable prices for your tenders, ultimately increasing your chances of success.
Related Resources
CASE STUDIES
TENDER MARKET INTELLIGENCE
23/05/2023
ARTICLES
TENDER MARKET INTELLIGENCE
TENDER MANAGEMENT
19/05/2023
Make the most of every tender opportunity.
Experience how a coordinated and data-driven tender process drives better outcomes.
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