Supplier and Procurement AutomationPurpose
1.2. Compare current prices, detect discrepancies, price drops, and promotional offers.
1.3. Alert procurement managers via preferred channels when certain criteria are met (e.g., price below threshold, best offer detected, or confirmed mismatch with prior contracts).
1.4. Facilitate dynamic purchasing decisions, improve supplier negotiations, and maximize retail profit margins.
1.5. Enable regular audits of supplier price consistency and trend analysis for procurement strategy.
Trigger Conditions
2.2. Manual initiation by procurement staff.
2.3. On detection of new supplier price feeds/API updates.
2.4. Upon supplier promotional events or contract renewal periods.
Platform variants
• Feature/Setting: Price retrieval endpoint; configure ASIN scan schedule.
3.2. eBay Developer Program
• Feature/Setting: Finding API for item prices; set search keywords per SKU.
3.3. Walmart Open API
• Feature/Setting: Retrieve shelf prices using Product Lookup; periodic calls for target SKUs.
3.4. PriceSpider
• Feature/Setting: Data aggregation jobs for mapped supplier pages; web scraping schedule.
3.5. Kompyte
• Feature/Setting: Automated product price monitoring rules for competitors’ online stores.
3.6. Integromat HTTP module
• Feature/Setting: Setup endpoint polling and payload parse for supplier portals.
3.7. Zapier Webhooks
• Feature/Setting: Webhook triggers for real-time supplier feed update ingestion.
3.8. Apify
• Feature/Setting: Custom actor for web scraping supplier e-commerce sites; daily runs.
3.9. Octoparse
• Feature/Setting: Visual task for scraping DVD product listings by supplier URL.
3.10. Bright Data
• Feature/Setting: Data collector for real-time price feed aggregation.
3.11. Google Sheets API
• Feature/Setting: Append data to sheets for historical price comparison; trigger on new data.
3.12. Microsoft Power Automate
• Feature/Setting: Recurring flow to monitor suppliers’ APIs and send alerts via Teams.
3.13. Twilio Programmable SMS
• Feature/Setting: Automated SMS alerts to buyers on price drop events.
3.14. Slack API
• Feature/Setting: Send rich notifications to procurement channels with supplier price summaries.
3.15. SendGrid Email API
• Feature/Setting: Automated email report of daily or weekly price comparisons.
3.16. Notion API
• Feature/Setting: Update or append comparison data to shared documentation for review.
3.17. Pipedream
• Feature/Setting: Schedule supplier API calls and aggregate price data to outputs.
3.18. Airtable API
• Feature/Setting: Insert/update price records for rapid filtering and manual review.
3.19. Salesforce API
• Feature/Setting: Trigger workflow for supplier record updates and opportunity alerting.
3.20. Shopify Admin API
• Feature/Setting: Adjust internal pricing or initiate purchase when external price triggers met.
3.21. Scrapy (Open-source)
• Feature/Setting: Custom spiders for supplier site price extraction; run as cron job.
3.22. RapidAPI Marketplace
• Feature/Setting: Utilize available price comparison endpoints for specific retailers.
Benefits
4.2. Ensures fast response to promotional opportunities and price changes.
4.3. Enables data-driven procurement and increases negotiation power.
4.4. Prevents overpaying by maintaining up-to-date price awareness.
4.5. Historical tracking for market trend insights and supplier compliance.