Description

A bid manager is responsible for the bidding process for contracts, starting from the initial planning and structuring, through placing the bid, and then following-up. They usually oversee an entire team who gathers the required information, conducts cost analysis and other tasks required to ensure an accurate and effective bid. In addition, they are accountable to report the state of the bids the executive management. A typical working day of a bid manager includes reviewing the bids' status in progress, coordinating with colleagues and team members from the department and reporting to supervisors who direct the bid conducting research, and refining bid information to create a professional bid. The work is mostly inside, although in certain instances, travel and inspections on site could be required in order for the supervisor to collect additional data for the project's completion.

The requirements for the position of bid manager differ by business and also the particular product or service being offered for the bid. The majority of bid managers are required to have an undergraduate degree in business administration or in a related area. They must also have previous experience within the field of their organization. Bid managers typically started out as bid associates in junior positions and have gained significant experience prior to assuming the role of a higher level. Bid managers need to have exceptional interpersonal skills and also the ability to manage time and multitasking.

Roles & Responsibilities

As a Bid Manager with 9+ years of experience in the United Kingdom, your main responsibilities include:

  • Leading and coordinating the bid process, ensuring all requirements are fulfilled and deadlines are met.
  • Collaborating with cross-functional teams to develop compelling bid responses and strategies.
  • Conducting thorough market research and analysis to gain insights and inform bid strategies.
  • Managing bid budgets and resources effectively to ensure optimal utilization and profitability.

Qualifications & Work Experience

For a Bid Manager job role, the following qualifications are required:

  • Proven experience in bid management, with a track record of successfully managing and winning bids for complex projects.
  • Excellent project management skills to effectively lead and coordinate cross-functional teams in the bid process, ensuring delivery on time and within budget.
  • Strong written and verbal communication skills to develop compelling proposals and presentations that effectively showcase the company's products/services and value proposition.
  • Exceptional attention to detail and analytical skills to conduct thorough analysis of bid requirements, evaluate risks, and develop competitive pricing strategies.

Essential Skills For Bid Manager

1

Sales

2

Sales Strategy

3

Sales & Management

Skills That Affect Bid Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Project Management

33%

Career Prospects

The Bid Manager role is crucial for successful project acquisition. With 9+ years of experience in the UK, professionals can explore various alternative roles. Here are following options to consider:

  • Business Development Manager: A role focused on identifying new business opportunities, building client relationships, and leading the sales strategy.
  • Project Manager: A position responsible for planning, executing, and closing projects within budget and timeline constraints, ensuring successful delivery.
  • Sales Manager: A role that involves leading a team of sales professionals, setting sales targets, and implementing sales strategies to achieve business objectives.
  • Proposal Manager: A position centered around managing the proposal development process, coordinating cross-functional teams, and ensuring high-quality, competitive proposals are submitted.

How to Learn

The job role of Bid Manager in the United Kingdom is expected to witness significant growth in the market. Over the past 10 years, the position has seen a positive trend in demand and is projected to continue expanding in the future. With an increasing number of organizations recognizing the importance of effective bidding processes, the need for skilled Bid Managers is anticipated to rise. This growth in demand is likely to result in a significant number of employment opportunities in the coming years. According to recent data from Google, the Bid Manager role is expected to contribute to a positive job market growth in the United Kingdom.