The eBook "Transforming the TBE Process for EPCs" provides an in-depth analysis of the technical bid evaluation (TBE) process and its challenges in sectors such as oil and gas, renewable energy, and water and sanitation. It highlights the complexities and inefficiencies of the current technical Bid Evaluation (TBE) process, from the management of information and workflow, the analysis of supplier bids, to reporting and analytics.
The current system is also challenged by inefficient, manual processes and siloed data, resulting in schedule delays, increased costs, and potential revenue losses.
Value addition to the readers:
- Understanding the need for digitization and automation: Comprehend the need for a solution that can efficiently manage and analyze data, reducing manual labor, and ensuring more accurate results.
- Learning about efficient data management: Understanding the impact and importance of standardizing project data and making it readily available for review, reducing security breaches, and minimizing the risk of overlooking vital details.
- Gaining knowledge about effective project coordination: Gain keen insights on how a centralized system can improve coordination among bid engineers, experts, suppliers, and procurement teams, ensuring timely action and streamlined workflow.
- Realizing the power of data analytics: Learn how data from past projects can be leveraged for future planning and execution, provided it is easily accessible and analyzable.
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