Industrial Data Labs
Open siteBusiness Research
Introduction
Industrial Data Labs developed an AI Inside Sales Copilot for PVF industry, streamlining data organization and assisting in finding correct product codes.
Industrial Data Labs Product Information
Industrial Data Labs PVF Quote Platform
IDL’s PVF Quote Platform accelerates RFQ processing and pricing for Pressure Vessel & Fabrication (PVF) workflows, turning quote cycles from hours into minutes. The tool is designed to help inside sales teams respond faster, win more deals, and free up time for client engagement. It emphasizes rapid onboarding, ERP/CRM integration, and data-driven pricing strategies to stay competitive.
Overview
- Goal: Reduce quote processing time from hours to minutes and boost win rates through faster, more accurate pricing.
- Target users: PVF inside sales teams and pricing engineers who handle RFQs and supplier matching.
- Core promise: Faster responses, scalable quoting, and better alignment with market trends via AI-powered analytics.
How It Works
- Integrate with your current workflow. Seamlessly connect IDL with your ERP, CRM, or other business applications. The platform also supports fast onboarding using just your product catalog for quick start.
- Analyze RFQs and catalogs. Leverage AI-driven insights to match products to RFQ requirements and identify optimal suppliers and pricing.
- Generate quotes quickly. Produce competitive quotes in minutes, with options to scale for higher volumes without headcount increases.
- Enable data-driven decisions. Use analytics for strategic pricing, inventory management, and market responsiveness.
Why PVF RFQs Have Been Slow
- Manual catalog searches: Hours wasted in catalog and ERP item matching.
- Complex product matching: Time spent parsing descriptions to determine the right suppliers.
- Administrative overload: Sales teams focused on admin tasks rather than customer engagement.
IDL’s PVF Quoting Solution addresses these challenges by automating data retrieval, item matching, and pricing workflows to shorten the RFQ cycle and improve accuracy.
Benefits and Outcomes
- Reduction in Quote Processing Time: From hours to minutes.
- Higher Win Rates: Competitive, timely quotes improve deal closure.
- More Time for Client Engagement: Spend more time building relationships and strategic selling.
- Market Responsiveness: Real-time data insights to stay ahead of trends.
- Scalability: Handle more RFQs without increasing headcount.
- Competitive Edge: Be first to quote and fastest to respond in your market.
- Data-Driven Decisions: AI-powered analytics for pricing and inventory decisions.
How It Helps Inside Sales
- Accelerates RFQ processing and pricing to close more deals faster.
- Integrates with ERP for a streamlined, end-to-end workflow.
- Provides quick, actionable insights that support strategic selling.
Integration and Onboarding
- Easy onboarding with immediate activation.
- Tiered plans customized to your needs.
- Dedicated support to ensure success.
Core Features
- Rapid RFQ processing and pricing from hours to minutes
- ERP/CRM and other business application integrations
- AI-powered item matching and supplier recommendations
- Quick onboarding using your product catalog
- Scalable quoting for higher RFQ volumes
- Data-driven pricing analytics for strategic decisions
- Real-time market insights for responsiveness
- Dedicated support and customizable tiered plans