Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How a Buyer Used Pre-Bid Conferences to Cut Waste 25 Percent
In this episode, Lucas and Luna explore how a procurement director at a mid-sized construction firm transformed her bidding process by mandating pre-bid conferences. Instead of letting suppliers submit blind quotes based on incomplete specs, she brought them together for a two-hour walkthrough of the project scope. The result: clarification logs shrank 60 percent, rework fell by half, and overall procurement waste dropped 25 percent in the first year. Lucas breaks down the mechanics: why traditional sealed bids breed ambiguity, how group Q&A sessions weed out low-effort proposals, and the…
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