Automated project feasibility assessment for manufacturing industry

THE CHALLENGE

Our customer, a company from the manufacturing industry, receives more requests for quotations than the employees from the calculation department or the engineering team can handle in a certain time interval, e.g. one week or one month. The requests must also be coordinated internally with sales and production. This is time and cost-intensive and leads to the fact that offers cannot be created fast enough for all inquiries. As a result, some lucrative offers are lost.

OUR SOLUTION

We have trained an AI-based software to perform an automated feasibility check from the information contained in the tenders with very high hit accuracy. The sales staff can then concentrate on those tenders that have the highest margins and prospects of success. The AI gives the employees more time for the really important issues.

BUSINESS VALUE FOR OUR PARTNER

The automated feasibility check saves our customer time and money. The “AI Assistant” can handle a high number of tenders, so that our customer is perspectively in a position to redirect inquiries to competitors (including processing fees) or to purchase additional production capacities.

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Automated project feasibility assessment