Price Extractor Tool
A real-world transformation story from Leading Broadcast Equipment Distributor
Client: Leading Broadcast Equipment Distributor
Industry: Distribution, Broadcast/AV, Professional Video Equipment, Systems Integration
Focus: AI-powered vendor price list extraction and catalog management
Executive Summary
For B2B manufacturers managing thousands of SKUs across complex pricing tiers, manual price updates weren't just time-consuming—they were creating competitive disadvantages and revenue leakage. Our Price Extractor Tool transformed this operational bottleneck into a strategic advantage.
Operational Bottlenecks:
- Manual extraction of 15,000+ prices monthly from supplier PDFs
- 2-3 week lag between supplier updates and system pricing
- 12-15% error rate in manual data entry
- Lost competitive opportunities due to pricing delays
Intelligent Automation:
- AI-powered OCR with context-aware price extraction
- Automated validation against historical pricing patterns
- Real-time ERP integration for instant price updates
- Exception handling with human-in-the-loop review
Business Impact:
- 95-99% extraction accuracy (from 85%)
- 4 hours update cycle (from 2-3 weeks)
- 160 hours monthly labor savings
- $1.2M annual cost reduction and revenue recovery
Competitive Edge:
The tool processes 47 different supplier catalog formats automatically, adapting to layout changes without manual intervention. Clients now update pricing same-day as supplier announcements, winning quotes they previously lost due to outdated pricing. The system's learning algorithms improve accuracy with each processing cycle, creating compound efficiency gains.
Ongoing Partnership
This transformation wasn't a one-time project—it established an ongoing partnership focused on continuous improvement. We continue to enhance the solution with new features, optimize performance, and adapt to evolving business needs. Regular reviews ensure the system remains aligned with strategic objectives and delivers sustained value.
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