Distribution Talk

The Local-Global Advantages of Government Contracts with Rick Lamb of Frank’s Supply


Listen Later

Government contracts aren’t for the faint of heart. Rick Lamb, marketing manager with Frank’s Supply in Albuquerque, NM, understands the arduous truth of that statement better than most. Jason chats with Rick about the complexities inherent to General Services Administration (GSA) certification and why it might make sense for other suppliers to jump through those hoops.

When Frank’s found itself in a position to bid for its first government contract in 1996 for Los Alamos National Lab, Rick found himself in the thick of it. “We had never even attempted something like that,” he says, but two Frank’s employees who knew just enough about GSAs to convince the company to put together a bid. 

Nine months later, Frank’s phone rang. “It was Christmas Eve, 1996. We get a call from the head of purchasing at Los Alamos, and they go, ‘Be ready to start the contract April 1st.’” Frank’s first scramble was on. 

While the bid timeline has shortened somewhat since the mid-90s, other aspects, like authentication and security clearance, have grown increasingly rigorous. Vendors must detail every level of the contract’s implementation, from the level of support to chain of responsibility to security clearances and  quality assurance programs,

But is the GSA route profitable? 

CONNECT WITH JASON

LinkedIn

CONNECT WITH RICK

LinkedIn

Special thanks to our sponsor for this episode: INxSQL Distribution Software, integrated distribution ERP software designed for the wholesale and distribution industry.

***

For full show notes and services visit: http://www.distributionteam.com

Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth and achieve personal goals.   

This episode was edited & mixed by The Creative Impostor Studios. 

...more
View all episodesView all episodes
Download on the App Store

Distribution TalkBy Jason Bader, Distribution Team

  • 5
  • 5
  • 5
  • 5
  • 5

5

19 ratings


More shows like Distribution Talk

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,350 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

1,830 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,750 Listeners

The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

226,088 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,032 Listeners

The Daily by The New York Times

The Daily

111,785 Listeners

Maxwell Leadership Executive Podcast by John Maxwell

Maxwell Leadership Executive Podcast

374 Listeners

The MDM Podcast by Modern Distribution Management

The MDM Podcast

6 Listeners

The Journal. by The Wall Street Journal & Gimlet

The Journal.

5,934 Listeners

At The Table with Patrick Lencioni by Patrick Lencioni

At The Table with Patrick Lencioni

1,133 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,095 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,183 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

249 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

11 Listeners

Around the Horn in Wholesale Distribution Podcast by Kevin Brown & Tom Burton

Around the Horn in Wholesale Distribution Podcast

9 Listeners