Beware, one train can hide another (or the importance of choosing the right CPV)

One of the things we do at Euroalert is making sure that the Competitive Intelligence products and services based on public procurement that we provide for our subscribers are of the highest quality. Much beyond than enhancing their technical features or aggregating new sources of data, Euroalert Team works with our clients to ensure that they get the information about public contracts that really affects their businesses.

One of the most important ingredients to achieve that is to make a good tender profile and choose the right CPV codes which are used in public procurement in the EU. If the codes are accurately identified, then the public procurement widgets implemented by our subscribers in their websites will show the contracts in the sectors and countries that really interest their users. In the same way, choosing the right CPV codes when building up a profile to set an alert on public procurement and government contracts in 10ders Alerts, is really important so that the subscriber gets the right alerts in the mail-box.

It seems easy, but this process can sometimes be a tricky one. Not only the CPV code list contains more than 9 000 codes and turns the process of choosing the right one into a digging experience, but one can also be tempted in some occasions by the first results of the search which are maybe not the right ones. It may happen like in the old railway road-crossings where “one train can hide another”, and a title of a contract which is apparently irrelevant for a business really “hides” one which is really interesting.

It also happens that sometimes the names of the CPV can be somehow misleading. Not leaving the railway environment, we recently found a funny example when solving a query from one of our subscribers. Why does a tender about “disposable non-chemical medical consumables and haematological consumables” in Poland appears in a search about rail transport? Easy, it seems that in publishing the tender someone may have mixed the code for “sleepers” with the one for “sleeping pills”.

With Euroalert you can always rely on the advice of our Team to solve these details and build up the profile which better fits into your needs. This will help you to get the most out of the widgets to publish tenders, the alerts on public procurement, the successful bidders lists or the product reports on public procurement.

Euroalert shows in MATELEC how to find new business opportunities thanks to commercial intelligence and public procurement

A few days ago our colleague Mai Rodríguez attended the International Trade Fair for the Electrical and Electronics Industry MATELEC. The event gathered in Madrid more than 40.000 professionals of the sector coming from more than 80 different countries.

In this occasion, in addition to meeting some Euroalert partners ans clients, we also took part in the fair celebrating a technical seminar where we showed how it is possible to exploit the information included in public contracts in order to access new business opportunities. For that reason we entitled the seminar “How to created more business opportunities?” Lear to use competitive intelligence tools and techniques in public procurement”.

Whenever we have the opportunity to share these kind of seminars with companies of any size or coming from whatever sector, participants' reactions are quite the same: “is it really possible to extract that information?”, “tracking all that amount of data and putting all of them in order would take hours... days!”. These are the reactions brought by Euroalert commercial tools.

Some of the possibilities that Commercial Intelligence tools in public procurement can bring are, e.g., having tender alerting services which really adapt to one's needs and allow personal management of the profile or getting lists with companies that have been awarded public contracts to get new customers of find new partners. These are some of the features that are worth exploring in order to enhance a commercial strategy or give support to internationalization resources.

You can find here the presentation Mai used in the seminar about how to explore new business opportunities thanks to public procurement information. If you were not in Matelec or could not attend the seminar, or if you wish to have the information in English, you can e-mail us to TenderAlerts@euroalert.net or contact us through Euroalert Twitter profile or in Facebook and we will give you all the information you need.

¿How to create more business opportunities? Learn to use competitive intelligence tools and techniques in public procurement (Spanish version) from euroalert

Euroalert.net speaks about Competitive Intelligence and Public Procurement at Bureau Veritas Business School

On February 23 we had the pleasure to take part in a webinar organized by Bureau Veritas Business School and talk about Competitive Intelligence and Public Procurement. It was a great opportunity to share with all the participants Euroalert.net experience in creating value-added Competitive Intelligence services based in public procurement especially designed for SMEs active in exportation.

Over 45 minutes we went through the current situation in European public procurement market and how Competitive Intelligence techniques can be applied in order to enhance the commercial strategies of any company. It was also the case to explain how there are many tools beyond public contracts alerts, such as lists of successful bidders, which can help companies to translate a huge amount of data into useful and manageable knowledge to be used in strategic decisions.

You can watch the video of the webinar entitled “Commercial Intelligence and Public Procurement” at Bureau Veritas Business School on-line platform (this time there is only a Spanish version). You can also have a look at the presentation we used for the session.

Commercial Intelligence and Public Procurement (Spanish version)

View more presentations from Euroalert.net

There will be similar seminars and workshops over this year, where Euroalert.net Team will deal with some of the ways to take full advantage of all the information and opportunities brought by public contract announcements. If you want to keep track of all these events, you can do it through our Twitter profile and at Euroalert.net Facebook page.