BI Matrix Streamlines LS Cable's Bidding System, Cutting Prep Time by 99%

BI Matrix, an enterprise AI and data analytics specialist, announced on June 8 that it has successfully deployed a next-generation quotation and bidding system for LS Cable & System, receiving a plaque of appreciation from the client for its outstanding delivery.

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Representatives from BI Matrix and LS Cable & System pose for a commemorative photo after BI Matrix was officially presented with a plaque of appreciation for the successful deployment of the next-generation quotation system.

The project aimed to digitize LS Cable's global power transmission bidding operations. Built on the Electronic Procurement Agreement (EPA) capabilities of BI Matrix's flagship AUD Platform, the new system completely overhauled and advanced the quotation and cost estimation frameworks for LS Cable's submarine, underground, and busduct business divisions.

LS Cable & System is a major global player in ultra-high voltage, submarine, and underground cabling projects. Because grid infrastructure projects connecting power plants to cities are heavily dictated by unique terrains, distances, installation environments, and engineering conditions, every single bid requires bespoke pricing and production simulations. Previously, winning a new contract meant multiple departments had to manually draft, aggregate, and calculate granular data from scratch.

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A user interface (UI) screenshot of LS Cable's newly deployed quotation system. (Certain data has been blurred for confidentiality and security purposes.)

BI Matrix resolved these inefficiencies by standardizing and database-indexing previously siloed workflows across departments. Most notably, it migrated the client's legacy offline-based operations into an online, collaborative ecosystem to enable real-time teamwork. The newly deployed system automatically analyzes customer Requests for Quotation (RFQs) to extract cost items, integrating prime costs, raw materials, construction fees, and testing expenses into a unified estimate. It also features bidding simulation modules that factor in target operating margins, exchange rates, and project expense ratios, alongside cross-bid comparative analytics. Furthermore, the system seamlessly interfaces with LS Cable's existing SAP ERP environment via SAP RFC integration.

The impact of the new system was immediate and substantial. The average processing time per engineering design sheet was slashed to 1/100th of its previous duration--representing a massive 99% reduction. This has fundamentally transformed bidding productivity and corporate decision-making speeds.

The deployment has also eliminated workflow bottlenecks between departments and drastically minimized manual data-entry errors. By establishing a standardized, data-driven decision-making framework, LS Cable is expected to significantly sharpen its competitive edge in winning large-scale, international grid contracts.

Rather than offering a simple computing upgrade, this project holds high strategic value because it unifies the complex, multi-faceted elements of global power transmission bidding and production simulations into a single, integrated platform. In recognition of these operational milestones and collaborative efforts, LS Cable officially presented BI Matrix with a plaque of appreciation.

“This project is a prime example of digitally transforming highly complex, Excel-dependent bidding workflows into a data-centric digital process,” a BI Matrix official said. “We will continue to actively drive digital transformation across the manufacturing and plant industries by delivering workflow innovations powered by our AUD Platform.”

· This article was translated using AI and was published after final review by the reporter.