Mining

Mining

AI to Automate RFQs & Sourcing for Mining

The short answer

To automate RFQs and sourcing, capture the request, benchmark it against fair market value, compare supplier options, and produce a quote in minutes instead of days. Maintained drafts the quote and flags any price above fair value; your team approves before it goes out.

Last updated July 2026

The problem in mining

Remote, capital-heavy operations where idle equipment and spares tie up cash far from any resale channel. Quotes take three to four days of manual back-and-forth, and without a fair-value benchmark, buyers overpay and lose deals to faster competitors.

  • Idle heavy equipment far from resale channels
  • Cash tied in remote-site spares
  • No FMV view of surplus assets

How Maintained gets the outcome

  • Compress RFQ cycles from days to minutes
  • Benchmark every quote against fair market value to flag overpriced buys
  • Compare supplier options and internal surplus in one pass
  • Cut maverick and off-contract tail spend

The numbers behind it

days → under 2 hours
Manual RFQ cycles of 3–4 days can be compressed to under two hours with structured automation.
Elisa IndustriQ
20–30%
20–30% of indirect spend leaks to maverick, off-contract buying.
McKinsey (via GEP)
10 days
Top-performing procurement teams reach a 10-day procure-to-pay cycle versus roughly two weeks at the median.
APQC (via SDCExec)

Frequently asked questions

How does AI help mining automate the RFQ and sourcing process?

To automate RFQs and sourcing, capture the request, benchmark it against fair market value, compare supplier options, and produce a quote in minutes instead of days. Maintained drafts the quote and flags any price above fair value; your team approves before it goes out.

Why is automate rfqs hard in mining?

Remote, capital-heavy operations where idle equipment and spares tie up cash far from any resale channel. Quotes take three to four days of manual back-and-forth, and without a fair-value benchmark, buyers overpay and lose deals to faster competitors.

See what your inventory is really costing you.

Tell us where the cash is trapped — excess stock, idle surplus, slow RFQs — and we'll show you the outcome Maintained can unlock.