Desktop tender checks with Socrates

8 August 2001
More news

09 August 2001 | Robin Parker

A desktop-based tool that allows users to perform rapid and transparent tender evaluation and supplier assessment has been made by Libra Software Systems.

Purchasers and contract managers can use the Socrates (Supplier optimisation, contract review, allocation and tender evaluation system) to a supplier list from a user-maintained library and send invitations to tender by e-mail.

Users can apply pre-qualification factors to suppliers before sending an invitation, or use an additional supplier assessment module to select preferred suppliers methodically. A support system then downloads the tender to bidders who can add prices and apply discounts.

Optionally, tenders imported back into the system cannot be evaluated or modified until all the bids are received. Socrates then generates statistics to aid bidder analysis, such as ranking by price.

An additional contract and allocation module enables comparisons with bids for previous clients' contracts.

www.libraco.co.uk

SMaug2001

LATEST
JOBS
Hounslow, Heathrow /Richmond upon Thames
Competitive salary depending on experience plus generous share award
Tails.com
Gatwick, West Sussex
Competitive plus benefits
Gatwick Airport
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE