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Unlocking the value of AI in bids
In an era where artificial intelligence is transforming industries, we are unlocking its untapped potential in the realm of bids and proposals.
In the first blog of our AI series, we introduced the guiding principles that shape our approach to generative AI in bids and proposals. Now, let's delve into the specific AI use cases we're pioneering at Strategic Proposals. The purpose: to unlock the real value of AI in bids and proposals by testing a variety of use cases.
The AI use cases we're testing on our journey into AI is marked by a series of carefully defined use cases, each chosen for its potential to enhance our bidding process:
Bid-no-bid decisions
AI could help us quickly analyse buyer specifications, assess success rates, and prioritise opportunities.
Assessing and summarising customer documents
We're testing AI's ability to provide swift summaries of requirements and instructions from customer documents.
Research and intelligence gathering
AI is being explored to suggest buyer profiles, potential hot buttons, and customer's problems and issues, plus competitor analysis.
Strategy formulation
We're employing AI to suggest innovative strategies based on industry trends and historical bid data.
Storyboarding
AI's role in visualising and planning our proposal narratives is under evaluatio.
Creating first drafts
We're examining how AI can assist in drafting initial proposal content that is contextually relevant and resonant.
Editing
AI's capacity to aid in refining and improving proposal drafts is being tested.
Planning
We're exploring how AI can contribute to the planning stages of our proposals.
Management and coordination
AI's potential to streamline proposal management and coordination is being assessed.
Reviewing
The use of AI in reviewing proposal content for consistency and alignment with strategy is being considered.
Proofing
We're testing AI's effectiveness in proofreading and ensuring error-free documents.
Video editing/production
AI's ability to edit and produce proposal-related videos is also being explored.
Results
While we're eager to share the results of our AI use case tests, we're not quite ready to reveal them just yet. What we can say is that the tests are promising, and we're excited about the potential outcomes. Our aim is to not only enhance our internal processes but also to provide valuable insights that can benefit the wider industry.
Stay tuned for the next installment in our AI series, where we'll share the outcomes of our tests and the lessons learned. The future of bidding is here, and at Strategic Proposals, we're at the forefront, harnessing the power of AI to win smarter and more efficiently.
You might also be interested in reading our paper: Using generative AI principles.To find out more about the key skills and tools necessary to develop powerful, compelling proposals contact our experts on 0800 009 6800 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it.
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