More efficient tender processes

Responses from bidders must also be evaluated and documented as quickly as possible. At each stage in the process, companies strive to achieve time and cost savings. So when HOCHTIEF Construction AG embarked on its goal to significantly increase efficiencies in its tender processes and simplify communications with its suppliers, it decided to employ an online project collaboration platform.

Enhancements to HOCHTIEF Construction AG’s overall purchasing processes highlighted the need to optimise its tender management through the use of an online project collaboration platform. It was important that the new platform could be easily integrated with existing internal company processes, and be broadly accepted by both internal staff and external project partners. The company decided to use think project!.

think project! Tender Management offers many advantages

One big advantage is that all tender and bidder information can be transferred from SAP to the platform via a think project! interface. As a result, data entry has not to been duplicated, and the information can centrally be maintained in the SAP database without processes having to be modified. The RFT packages that are distributed can consist of multiple documents in several file formats. There are significant efficiencies because now any number of bidders can be contacted simultaneously via a single dispatch operation.

Another advantage is that all documents and responses to an RFT are stored centrally, and can be viewed by all those responsible at any time, wherever they are.

Module used for all projects in Germany

HOCHTIEF Construction AG is currently using think project! for all tender processes for both building and civil engineering projects within all branch offices in Germany. They are also planning to implement the module across their European businesses.