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Industrial Distributor Wins More Bids with Intelligent Product Cross Referencing

AI-powered bulk product cross-referencing enabled faster, more competitive RFQ responses across product categories and sites.

Overview

A leading industrial distributor with multi-location operations faced a challenge that traditional quoting systems couldn't solve: responding to complex RFQs involving thousands of SKUs from competitor catalogs. To win new business, they had to beat competitor pricing — but mapping those products manually at scale wasn't feasible. They needed product intelligence — fast.

The Challenge

Customers shared long lists of products sourced from other distributors

No centralized intelligence to cross-reference those SKUs to internal alternatives

Quote turnaround was slow due to manual research across sites

Sales teams lacked visibility into competitor pricing trends and product equivalence

The Solution

Intelligent Product Cross Referencing

RAP's AI agents parsed incoming RFQ product lists and mapped them to internal SKUs, using attribute-based and semantic matching to find functional equivalents.

Competitive Price Intelligence

Benchmarked known pricing data from competitors to suggest winning price points and generate quote-ready product matches with margin guidance.

Cross-Site Collaboration

Enabled multi-site teams to collaborate and respond rapidly to complex RFQs with consistent pricing strategies.

Strategic Pricing Optimization

Provided data-driven insights to help sales teams make informed decisions about pricing and product alternatives.

AI-Powered Product Intelligence

Bulk product cross-referencing & mapping

Competitive pricing analysis

Attribute-based product matching

Multi-site quote collaboration

AI-powered RFQ automation system

The Impact

Reduced RFQ processing time from days to hours

Increased quote accuracy and competitiveness

Higher win rate on competitive deals by surfacing optimal alternatives

Improved collaboration across sales, pricing, and procurement teams

Why It Worked

Instead of stitching together tools or relying on pre-built templates, the company used a fully orchestrated AI-led process that combined intelligent document understanding, multi-agent validation, and human-in-the-loop approval — tailored for RFQ speed and scale.

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