Episode 63: Breaking Bad News to Vendors?

If you got something quoted out at multiple places, do you let the other competitors know that they didn’t get the order?

In this episode of MACHINE SHOP TALK, Ian Sandusky from Lakewood Machine is headed back into the Practical Machinist forums to tackle a discussion on this question posed by a user. Getting multiple quotes from multiple vendors for the same job isn’t only a good idea – it’s company policy for many successful businesses. That said, if one company gets the work – is it the right call to get in contact with the other that didn’t win the bid to let them know the result? In this episode, we’ll be talking about why, in most circumstances, it isn’t typically required or even advisable to follow up on a failed bid.

Do you let your vendors know when they didn’t win a bid? Do you let them know the specific reasons for that decision if you do?