Course - Sales and Tendering - TS100515
Sales and Tendering
About
About the course
Course content
The course will cover all aspects required for successful sales work in project-based industries such as the maritime industry. This will include, but not be limited to, market data analysis to identify opportunities or to gain an understanding of the bidding process, understand Requests for Proposals (RFQs, RFPs), the SPIN process, perform sales calculations, bid risk assessments (RFQs, RFPs), negotiate a final sales agreement and the contract. The course will have a main emphasis on the SPIN model and its application in various contexts.
In addition, the course will provide an overview of how data can be described using frequency tables and graphs, which numerical measures are sufficient for location and spread on univariate methods to describe a data set using location and spread. The course uses the software EXCEL.
Learning outcome
The market analysis will involve basic arithmetic, basic descriptive statistics, and analysis of significant amounts of data. Students will also learn about the tendering process - what it is like, how it works, the dos and don'ts. The RFQ process and how it should proceed will also be a main topic. Finally, students will learn more about the craft of negotiation, including executing a successful sales effort using the SPIN process. It will also be taught how to compile the information in a sales process.
- Knowledge: Knowledge of sales and tenders in project-based industries. How does the sales process work? How does tendering work? Why do project-based industries differ from other industries in these respects? Do's and don'ts.
- Skills: Negotiation techniques, and managing sales and tenders in project-based industries. Analytical addressing of sales and tender questions.
- Generic competence: How to analyze markets, which applies to most types of settings. The SPIN process will also be taught
Learning methods and activities
Lectures and group work. The student will also have to do some research on their own.
Further on evaluation
(the information may be changed until June 15th)
The students shall complete two group assignments compiled in a portfolio (40%). There will also be a written exam (60%).
Re-sit exam are held the following semester.
Specific conditions
Admission to a programme of study is required:
Shipping management (432SM)
Course materials
The students will be informed about that before teaching starts.
Subject areas
- Nautic