The Latest on Procurement

Learn about the various stages in the lifecycle of a request for tender (RFT) and how each stage fits within the illion TenderLink ecosystem.

Purchasing is a bit like dating – once you’ve found someone you like, you stop searching for new partners (…theoretically). Similarly, once a company finds a supplier whose goods or services they’re happy with, they stop looking. In the tendering game we call this ‘select’ or ‘private’ tendering.

Building a good relationship takes time, honesty, and ongoing communication and evaluation. Your relationships with your suppliers are no different. When you go out to tender publicly, you may be faced with offers from organisations you don’t know at all, but you also need to ask yourself: how well do you really know your existing suppliers?

At illion TenderLink, we’re celebrating our 25th anniversary, connecting suppliers and buyers since 1994. So how did we make it to this momentous silver anniversary? We’re…