Procurement Agent
An autonomous agent that handles RFQ creation, supplier outreach, and first-round negotiation — closing the loop on routine sourcing without human triage.
The Procurement Agent is designed to handle the repetitive 80% of sourcing — leaving human buyers to focus on strategy, exceptions, and relationships.
What it does
- Receives a sourcing request (item, quantity, target date, budget envelope)
- Identifies qualified suppliers from the SRM graph based on category, history, and current capacity
- Drafts and dispatches RFQs in the supplier’s preferred format and language
- Conducts a structured first-round negotiation with each respondent within policy
- Produces a recommendation pack: top three options, trade-offs, and a suggested award
Guardrails
Every irreversible action — sending an RFQ, accepting a quote, awarding a PO — passes through a confirmation loop with a buyer. The agent proposes; the human approves.
Why this matters
Average mid-size manufacturers run hundreds of routine sourcing events a month. Even shaving 60% of cycle time off these compounds into millions in working capital and dramatically faster response to demand signals.