Streamlining Tender Evaluations with AI
Introduction:
Analyzing tender documents is a resource-intensive process that often leads to missed opportunities due to delays or oversight. We created an AI-powered tender compatibility checker to simplify and speed up this critical task.
Challenge:
A Netherlands-based offshore energy contractor faced challenges in evaluating large volumes of tenders efficiently. Their manual process was prone to delays and errors, impacting their ability to compete effectively.
Solution:
Using Azure OpenAI and Azure Machine Learning, we developed a tool to:
- Automatically analyze tender documents for compatibility with the client’s capabilities.
- Generate database queries to assess resource availability.
- Provide detailed reporting for decision-making.
Impact:
- Reduced tender evaluation time by 80%.
- Improved accuracy in compatibility assessments to 95%.
- Optimized resource utilization by identifying gaps in inventory.
- Enabled faster, data-driven decision-making.
What Our Client Says:
“With this tool, we’ve gained a competitive edge in the tendering process.”