What did I learn at the AI webinar?

Natalie Schroeder - Admin

Here are my points that I rustled up from the depths of my cerebral cortex to help prompt discussion.

✅ 𝐄𝐧𝐬𝐮𝐫𝐢𝐧𝐠 𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐨𝐟 𝐭𝐫𝐮𝐭𝐡 𝐚𝐧𝐝 𝐠𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞: as AI generates content at lightning speed, how do we ensure accuracy, compliance, and consistency in our bids? Strong governance and reliable sources of truth are key to maintaining quality and trust.

✅ 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐤𝐢𝐥𝐥 𝐨𝐟 𝐩𝐫𝐨𝐦𝐩𝐭𝐢𝐧𝐠: Think of your AI as an intern—if you don’t give it clear instructions, it won’t give you the best output. We discussed how providing context and structure in prompts can lead to more accurate and tailored responses, turning AI into a powerful tool for bid professionals.

✅ 𝐀𝐈 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐛𝐲 𝐛𝐮𝐲𝐞𝐫𝐬: Yes, buyers are starting to use AI to review tenders. The Australian Government, for example, is contemplating using AI in their evaluation process. What does this mean for us? We’ll need to adapt quickly to ensure our submissions hit the mark in an AI-driven review process.

✅ 𝐀𝐈 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐢𝐧 𝐩𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭: While it’s still early days, procurement's use of AI may start shaping how we, as bidders, respond to tenders, or other more creative approaches to market. It’s crucial we track these developments and prepare ourselves for the impact.

✅ 𝐒𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐀𝐈 𝐣𝐨𝐮𝐫𝐧𝐞𝐲: If you're considering AI for your bid process, start by asking: what problem am I trying to solve? AI isn't a one-size-fits-all solution—it’s a tool to help us be more strategic and efficient. It’s all about solving the right problems with the right technology.

We’re still in the early stages of figuring out how AI will impact bidding, from ethics to governance, but this is an exciting opportunity for us as bidders to be bold, explore, and be pioneers in adopting AI.

Big thanks to our speakers

A huge thank you to Nyree McKenzie, Mark Riley and James Smith for their time, insights, and for supporting The Bid Hub in Friday's session. It was a fantastic conversation with lots of discussion from attendees.

Virtual Networking – 2-Month Anniversary!

Join us for our Virtual Networking Session on Tuesday, 10 September at 5:45pm AEST. This also marks our 2-month anniversary, so come along to celebrate and connect with fellow Hubbers! RSVP in the Events Hub.

Upcoming Webinar Announcement

We’re excited to announce that our third webinar will take place on Friday, 4 October. Full details will be revealed in the next couple of days, so keep an eye out for the announcement—this one’s going to be another great session!