Decision analysis system and method
View Patent ↗The invention relates to the field of computer analysis of text documents. More specifically it relates to the field of artificially intelligent systems capable of analyzing responses to Request for Quotation (RFQ).
1. A method for analyzing responses to requests for quotations (RFQ's) comprising;
analyzing responses to RFQ's to determine whether they conform to a rule based system;
classifying a quote based on a set of rules to determine whether the quote satisfies said rules of said company;
converting said quotes into a series of ordered blocks comprised of computer understandable character strings, which strings contain context of said quote;
locating and extracting words and word groups containing information believed to be relevant to said quote.
2. The method of claim 1 further comprising;
comparing information extracted from said quote to guidelines provided by a company.
3. The method of claim 2 further comprising rating each quote based on said guidelines.
4. The method of claim 3 wherein if said quote does not conform to said guidelines, no rating is given.
5. The method of claim 4 wherein said companies that are disqualified for not meeting said guidelines are listed for a user with a listing of reasons why said company is not qualified.
6. The method of claim 3 wherein each item in said quote is weighted.
7. The method of claim 2 further comprising;
dividing said guidelines into musts and wants.
8. A system for evaluating quotes comprising;
a digital computer system;
data derived from a printed quote;
said computer extracting words and word groups from said quote;
set of printed rules;
a rating for each quote based on said words and word groups from said quote compared to said set of printed rules.
9. The system of claim 8 wherein said quote comprises price, delivery date, quantity, origination, name of company, whether the company has done business prior, or specification of the goods.