eng
About   |   Newsletter
Demand & Supply Chain Management Evolution


Supply Chain Glossary

Glossary  >  R  >  Request for Tender  


 

Request for Tender


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

A Request for Tender [RFT] is a market enquiry prepared by the buyer and issued to prospective suppliers for higher value and/or more complex solutions.  The purpose is to invite commercial offers from a number of suppliers in order to secure competition and to gather information about the supplier’s solutions, capability, and key market intelligence.  The selection of a Request for Tender as opposed to a Request for Proposal usually reflects the fact that the scope of works is clearly defined and the specification used is a conformance specification, requiring complete adherence to the buyer’s standards, so that the buyer can compare ‘apples with apples’.  The evaluation of the RFT may require the buyer to compare qualitative aspects of the supplier’s value proposition, such as quality and service, with quantitative aspects such as price.  Most buyers structure their tender documentation so that some elements are to be read, and some elements are to be completed and returned in the format, and with the contents, requested. This is to ease the process of bid evaluation.

The use of RFTs is most common in the public sector and for larger projects in mature categories where the scope of works can be clearly defined.  While RFPs may be followed by optional negotiation, the use of post-tender negotiation is less common than the incidence of post-tender clarification.  The bid packages may be large and complex, and the management of the tender process typically involves formal communications to observe probity obligations, particularly in the public sector.  See also Battle of the Forms, Clarification, Evaluation, Tender, Invitation to Treat, and RFx.

 

 

 

 

 

 

 

 

 

 

 

 

 

 




Job Opportunities
 
Supply Chain Manager
     
     Lausanne  -  PERM  -  Michael Page

Négociateur International
     
     Geneva  -  PERM  -  Michael Page

Operativer Einkäufer 100 % (m/w)
     
     Zürich  -  PERM  -  Page Personnel

Einkäufer - 100% (m/f)
     
     Lucerne  -  TEMP  -  Page Personnel

Produktionsplaner (m/w)
     
     Lucerne  -  PERM  -  Page Personnel

Operativer Einkäufer (m/w) - 100%
     
     Zürich  -  PERM  -  Page Personnel

EMEA Transport Leader
     
     Vaud  -  PERM  -  Michael Page

R&D Sourcing Manager
     
     Basel-City - Basel  -  PERM  -  Roche

Zollspezialist (m/w)
     
     Zürich  -  PERM  -  Page Personnel

Einkäufer/in (m/w)
     
     Zürich  -  PERM  -  Page Personnel

Supply Planner EMEA
     
     Nyon  -  TEMP  -  Page Personnel

Supply-Planner Temp Contract 6 months
     
     Geneva  -  TEMP  -  Page Personnel

Global Supply Chain Manager
     
     Geneva  -  TEMP  -  Page Personnel

Distribution Project Manager
     
     Neuchâtel  -  PERM  -  Michael Page

Supply Chain Manager
     
     Neuchâtel  -  PERM  -  Michael Page



 
           Circular Economy     Industry 4.0     Blockchain 

     Internet of Things     Omni Channel 


Join us on


News & Trends
 

Last update 2 Apr 2020
Global manufacturing downturn continues in March
   Source: J.P.Morgan Global Manufacturing PMI ™  -  IHS Markit



Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...


How COVID-19 Will Impact Softline Retailers

Softline retailers have been battling store closures and traffic declines in malls for several years.  They have made moves to shift toward experiential retailers.  They have deployed omni-channel capabiliti...

   

Education
 
13
Apr
2020
Advanced Warehouse Management and Inventory Control
     Zurich
27
Apr
2020
3D Printing: The New Industrial Revolution
     Zurich
27
Apr
2020
Operational Excellence
     Zurich

Local & Regional Agenda
 


Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

The Agility Agenda for Procurement

This year, Ardent Partners explores a key characteristic that separates best-in-class procurement teams from all others – agility.While the 318 procurement and finance pros who were surveyed continue to focus on sa...


International Agenda