About Me

My photo
Received my early education at the Rifle Range Road (2) Primary School, Kuala Lumpur. Attended junior high school at Raja Abdullah Secondary School, Kuala Lumpur and high school at Technical Institute, Kuala Lumpur. Further study at Mara Institute of Technology (ITM), Shah Alam, Selangor and obtained Certificate in Town and Regional Planning and Diploma in Quantity Surveying. Continued study in Mara University of Technology (UiTM) and obtained Bachelor of Quantity Surveying (Honours). I am a skilled commercial manager with extensive background in-and thorough knowledge of- development, construction, maintenance and construction contracts. Also having knowledge and experience in project, facilities and property management. Experienced in developing and implementing competitive cost planning, project budgeting, cost controlling and development appraisal. Exceptional organizational, analytic and managerial skills. Career as Commercial Expert till now.

Wednesday 5 July 2023

Fit for Tender or Tender to Fit?

"Fit for Tender" and "Tender to Fit" are two different approaches when it comes to procurement or bidding processes.

"Fit for Tender" means that a company or organization ensures it meets all the requirements and qualifications specified in a tender before submitting its bid. It involves assessing whether the company's capabilities, resources, and experience align with the tender's criteria. By confirming their suitability, they can confidently participate in the tender process.

On the other hand, "Tender to Fit" refers to a strategy where a company tailors its bid or proposal to meet the specific requirements of a tender. In this approach, the company may not initially meet all the qualifications, but it adapts its offering or presents a plan to fulfill them during the bidding process.

Both approaches have their merits and may be applicable in different situations. "Fit for Tender" emphasizes preparedness and suitability, while "Tender to Fit" focuses on customization and flexibility. Ultimately, the choice between these approaches depends on the company's resources, capabilities, and the specific requirements of the tender.

No comments:

Post a Comment