Blanket insulation is installed as the sheeting is installed. It's done every day. Install girts at 24" oc and no additional framing required.
You are absolutely correct; it IS done every day. However, I'm not a fan of it. Just today I drove by a metal building that obviously had blanket insulation installed after purlins were installed but before the roof tin was (SOP). There was snow on the roof, but in stripes. Where the insulation was thinned out at the purlins the snow had melted. In between the purlins the snow was still there. Proof that the squeezed insulation wasn't doing much insulating. This would hold true in the walls also, but the "snow proof" would never show up.
I'm not knocking folks who choose to do this, it just isn't for me. In order to have acceptable insulation I'd build a stick wall (to hold the insulation and attach plywood/GWB/OSB/etc. to) inside the metal or use some sort of spray-on foam.
I'm not knocking your metal building business either. OP asked for recommendations and I gave mine.
OP is building a living space in this building and I doubt he'll want the walls to have blanket insulation as the visible surface. He will probably want to build stick walls and install GWB at least in that portion of the building.