1 / 3
News Flash
    1/3LCCI reacts to the announcement of a 4 July General ElectionLCCI reacts to the announcement of a 4 July General ElectionRead more
    2/3LCCI welcomes the UK’s ratification of the CPTPPLCCI welcomes the UK’s ratification of the CPTPPRead more
    3/3New Report Reveals Economic Disparities Across LondonNew Report Reveals Economic Disparities Across LondonRead more
London Chamber of Commerce and IndustryLondon Chamber of Commerce and Industry
Contact Us

Top tips to guide SMEs through the bidding process

SMEs are at the heart of the UK economy. When it comes to supporting supply chains, small businesses can play a significant role. To meet the procurement criteria of large-scale supply chains, small businesses must become supply chain ready. 

Read our top tips to support SMEs in the bidding process:

  1. Networking: Attend industry events, trade shows, and conferences to meet other professionals in your field, as well as potential clients and partners.

  2. Marketing: Promote your business and its capabilities to potential clients and partners. Make sure your website and other materials are professional and up-to-date.

  3. Proposal and bidding: Be responsive, professional and follow instructions when bidding on contracts and responding to requests for proposals.

  4. Subcontracting: Work with larger companies as a subcontractor to gain experience and build relationships.

  5. Certification: Obtain certifications that demonstrate your company's capabilities, such as ISO 9001 for quality management.

  6. Meet and exceed industry standards: Large-scale supply chains usually requires partners that meet and exceed industry standards.

  7. Develop strong relationships and communicate effectively with supply chain partners and clients.

  8. Specialise: focus on a specific product or service, and become an expert in it, this will make you stand out from competition.

  9. Innovation: Continually look for ways to improve your products, services, and processes to stay competitive.