Expressive Bid Process

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Expressive Bid Process

Expressive bid processes form an essential element of best practice in sourcing projects. When suppliers are invited to describe economies of scale or scope across bundles of Lots using tiered discounts, then this allows them to make investment decisions that enable greater efficiency. Furthermore, when bidders can communicate capacity constraints, it permits risk management from their perspective so they can bid more aggressively to within the limits of their capabilities. This form of expressive bid capture drives win-win outcomes. In technical terms, it may also be referred to as combinatorial or contingent discounting.

You can view examples of expressive bidding in demo videos here: Keelvar Demo Videos of Expressive Bid Processes.