IPS Use Case / iWorkflow

Business Process
Procurement
AI driven iWorkflow enables Smart IPS Solution
Procurement iWorkflow
Industry
Oil & Gas

Benefit to Customer IPS Solution

A global operation company wanted to digitalize all
historical vendor documents to support smart
procurement process. IPS iWorkflow Procurement
identifies and links vendor data with asset information
to cut down procurement time.
Applying IPS’s iWorkflow AI solution, IPS was able to
extract tagged equipment (mechanical, electrical,
instruments), manufactures and their respective
items/models/part code numbers, link vendor
documents to identified assets and automate technical
iWorkflow Procurement IPS iWorkflow integrates iDrawings and iDocuments AI
solution, efficiently identifies equipment tags, manufacturers, suppliers, and
related items, parts, or model and engineering information on all types of
documents, and further utilizes reporting functions to generate vendor reports,
and link vendor documents with assets through tags.
Vendor Documents
MR NO: 2305-000-MR-1310-91 2305-131091-A3201-003 - Page 2 of 2

documents for requisition or purchase, thereby

enabling smart procurement process. ID. CODE C1RJNPB

The Challenge
Operation companies are very often required to
repurchase equipment, instruments, parts for
1 an existing asset item. The requisition requires
original technical information such as item
number, part number, model number to be Vendor Report
populated or attached as part of RFQ or P.O
This technical data is buried in engineering or
vendor documents; every time engineer needs
2 to manually pull the document out and reissue a
technical package. This is time consuming, and
nonvalue added work
Older operation sites do not even have all
3 documents correctly organized, and lack the
knowledge of which documents belong to which
vendor

iWorkflow Procurement integrates IPS AI Solutions to automate

business workflow and replace majority of manual work. IPS AI
5 ~ 10 X Productivity Gains
technology extracts data from vendor documents such as drawings and
datasheets from different manufactures. Identify linkages between 70 ~ 90% Schedule Saving
vendor document and engineering document to automate requisition
and procurement work process. Enable productivity gains of 2 to 10
90% Cost Saving
times.
Please contact us contact@ips-ai.com for more information and visit our website www.ips-ai.com to request a demo

IPS Use Case / iWorkflow