Home / Insights / Blog / Simplifying Supplier Search with Tender Requirements on Marketplace Publish Simplifying Supplier Search with Tender Requirements on Marketplace Publish Simplifying Supplier Sourcing with Marketplace Publish We’re excited to announce an update to Marketplace Publish, called ‘Tender Requirements’, which addresses the pain points you may encounter at any stage during the tender process. We understand that within the construction industry, there are several challenges that people who work in sourcing may face when finding a supplier to do a job. Finding the right supplier the meets project requirements Effective communication and collaboration Tracking responses with ease Efficient time management Ensuring quality control and risk mitigation Analysing supplier suitability for projects The use of Marketplace and our new ‘Tender Requirements’ feature can help you to overcome these hurdles. Finding the right supplier made easy on our powerful supplier network With Marketplace Publish, subcontracting work has never been easier. You can now publish and manage your procurement notices directly from the Constructionline platform, reaching out to prospective suppliers and subcontractors. Whether you need to fill gaps in your supply chain or explore new regions, our network of over 50,000 suppliers is at your disposal. You can refine your supplier criteria and connect with the right professionals for your project. Effective communication and collaboration Successful projects rely on effective communication and collaboration between contractors and suppliers. With ‘Tender Requirements,’ once you publish a procurement notice to our network, you can request suppliers interested in specific work packages to provide documentary evidence supporting their response.This feature eliminates the need for outdated tools like Excel spreadsheets and email chains. All responses are stored within the platform, enabling your team to track progress and make informed decisions, based on compliance data built into Constructionline. Track responses with ease To help you keep track of supplier responses, we have introduced a new dashboard. To help you keep track of supplier responses, we have also added a new ‘Track Responses’ tab to each individual work package. The dashboard then provides you with a summary of the responses from all suppliers invited to tender.For the initial ‘Expression of Interest’ (EOI) invite, there are four status icons that you will see: For the ‘Tender Requirements’ documents that you have asked suppliers to complete, there are four icons to show the status. The dashboard simplifies the process by using visual indicators for easy reference. The dashboard will give you a clearer picture of the suppliers’ status and how much of the tender questions they have completed. For a more detailed view, you can select ‘Detailed’ in the right-hand corner to give you a clearer picture of the suppliers’ status and how many of the tender questions they have completed. Efficient time management Keeping projects on track and meeting deadlines is crucial. Delays can significantly impact schedules and budgets. To help you stay on top of project timelines, ‘Tender Requirements’ provides information on who is interested in a project and actively working on a submission. You can monitor their activity through the “last activity date” feature, allowing you to identify potential delays and take appropriate action. Ensuring quality control and risk mitigation We understand the importance of mitigating risks associated with supplier selection. To ensure quality control, you can choose suppliers who align with your client’s requirements and your own supply chain risk policies. Additionally, we offer membership levels linked to industry standards, providing you with an added layer of assurance. Find out more about our sub-contractor memberhsips here Analysing supplier suitability In your search for reliable suppliers, you can make use of supplier analytics. These analytics enable you to assess whether a supplier meets your requirements and make informed data-based decisions. It gives you valuable insights to help you select the most suitable suppliers for your projects. With the introduction of ‘Tender Requirements’ on Marketplace Publish, we aim to alleviate the pain points associated with finding suppliers for your construction projects. Our platform empowers you with powerful networking capabilities, streamlined communication, easy tracking, and efficient time management tools. Start leveraging these features today to simplify your supplier search, make data-driven decisions and reduce risk. Find out more Email us to arrange a demo with one of our experts today Book Demo Blog Buyers, Marketplace Related case studies Supplier Case Studies Hill Hill is one of the country’s top house builders, specialising in developing homes of distinction across London and the South East. Innovation, design excellence, quality build and respect for the local environment are key to their success, which has been recognised through several major industry awards. … Read more Buyer Case Studies VINCI Construction UK VINCI Construction UK saves 22,000 man hours in procurement and supply chain management with Constructionline and the COINS iPortal VINCI Construction UK is a market leading national construction and facilities company, and part of the VINCI Group. The organisation employs 4,000 people across four divisions … Read more Buyer Case Studies Wates Group Following a comprehensive review of their supply chain data management systems and the providers of this technology available in the market place, construction and development firm Wates Group adopted Constructionline in a bid to streamline procurement processes and reduce risk across all its contracting divisions. … Read more See more
