Automated Procurement Quotation Comparison and Vendor Selection Using RPA
Tenacious TechiesRobotic Process Automation (Rpa) / Procurement & Supply Chain / Enterprise Automation / Data Analytics / Vendor ManagementProject Objectives:
The objective of this project is to design an RPA system that collects vendor quotations, compares pricing and specifications, ranks vendors based on predefined criteria, and generates recommendation reports, improving procurement decision-making efficiency.
Project Tasks:
Study procurement quotation evaluation processes.
Identify repetitive quotation comparison tasks.
Design automation flow model.
Develop RPA bot to extract vendor quotation details from emails or PDFs.
Normalize data into structured format.
Compare pricing, delivery timelines, and specifications.
Rank vendors using scoring logic.
Generate comparative summary report.
Flag incomplete quotations.
Maintain vendor comparison logs.
Test with simulated vendor data.
Evaluate improvement in evaluation speed.
Document implementation and findings.
