FedBid's Patented Technology With Hands-on QA, Sourcing Is A Winning Combination For Buyers
FedBid Solution Series: Part 4
Buyers who purchase goods
and services through FedBid's industry-leading reverse auction marketplace gain
access to a patented and innovative acquisition solution. The marketplace is an
incredibly easy-to-use tool for both Buyers and Sellers to utilize. However, it's
the expert staff at FedBid who provide the managed services that truly drive
the value of this procurement approach for each customer. In Part
3 of the FedBid Solution Series, we looked at how Buyers utilize the
marketplace to meet their critical mission and contracting vehicle needs. In
Part 4, the finale to our FedBid Solution Series, we will highlight how our
quality assurance procedures and Seller recruitment efforts lead to better
A good example of our quality
assurance in action was when the National Guard posted a solicitation looking
for "Global Combat Support System Training," with a requirement that interested
vendors have a GSA Schedule contract. The Quality Assurance department then
reached out to confirm that participating Sellers had the services officially listed
on their company's GSA Schedule contract. This simple documentation procedure
provided more information to the National Guard Buyer when conducting their due
diligence by putting everything in one central location. This is also similar
to QA checks the FedBid team will do to verify that vendors are certified
distributors of a particular brand - which is often a requirement for Buyers
purchasing products like IT equipment.
FedBid's Sourcing Team actively expands the diverse supplier base available on the marketplace by ensuring that the most appropriate Sellers are contacted for every opportunity. Each new buy that is posted to the marketplace is assigned to a Market Specialist. These team members are in constant communication with our registered Sellers to keep them informed about relevant opportunities, and also conduct research and outreach to businesses that are not already on FedBid.
The true benefit of this team is
shown when Buyers have unique requirements on solicitations. When the Federal
Emergency Management Agency posted a quick turn-around opportunity on the
marketplace for copier rentals, they required that participating vendors be
located in one of several specific counties in Minnesota. FedBid's Market
Specialists rose to the challenge by conducting research, reaching out, and
recruiting local vendors that could satisfy this need. The Buyer was then able
to award to one of these Minnesota Sellers which benefited the local community.
Beyond the cutting-edge technology, it is the full suite of managed services that elevate FedBid above other reverse auction providers. The efforts of our expert staff help drive the immense value that Buyers and Sellers get from utilizing the marketplace. To put these benefits to use, Get registered today or Login to the marketplace.
Publisher: FedBid Inc.
Released: April 20, 2017