Pricing Tool for a Multinational Fashion Company

Technology Stack

• VueJS
• NuxtJS
• Kotlin
• JVM
• SpringBoot
• Postgresql
• Python
• Docker
• Kubernetes

Problem

In the highly competitive fashion industry, our customer, a multinational company, faced significant challenges with their pricing strategy. Despite various attempts using existing SAP systems, in-house solutions, and spreadsheets, they struggled to find an effective tool that could handle their complex pricing needs. This inefficiency led to inconsistencies, increased workload, and a substantial drain on resources.

Solution

Recognizing the critical need for a tailored solution, the multinational fashion company partnered with Software Angels to develop a custom pricing tool. This collaboration aimed to create a tool that not only integrated seamlessly with their existing systems but also streamlined their pricing processes.

Process

Customized Interface and Features

The custom pricing tool was designed with a strong emphasis on user experience and efficiency. Key features included:

• Defining specific pricing rules and strategies per season, region, customer, and product type.
• Performing currency conversions and applying different price rounding methodologies.
• Validating third-party tools to ensure consistent pricing information across all platforms.
• Enabling bulk operations to minimize the number of clicks and reduce time spent on pricing tasks.

Microservices Architecture

The tool was built using a microservices architecture, which offered scalability and flexibility. This design choice allowed for:

• Seamless integration with the company’s existing product database.
• Compatibility with SAP systems, ensuring smooth data export and legacy system support.

Implementation and Maintenance

As an in-house developed solution, the custom pricing tool provided several benefits:

• Cost-effectiveness: Eliminating the need for ongoing licensing fees associated with pre-built solutions.
• Customization: Tailored to the specific processes and workflows of the company.
• Maintenance: Efficient and seamless maintenance provided by Software Angels, the creators of the tool.

User Experience and Efficiency

The user interface was designed to enhance efficiency and comfort for the end-users. By streamlining workflows and providing an intuitive interface, the tool significantly reduced the time and effort required to manage pricing strategies. This user-centric design was crucial in ensuring high adoption rates and satisfaction among users.

Expansion and Success

The success of the custom pricing tool was evident within weeks of its release. It not only addressed the unique needs of the multinational fashion company but also proved valuable to other companies within the same corporate group. This led to widespread implementation across the corporate network, achieving worldwide coverage.

Value Added

The custom pricing tool delivered significant value by simplifying processes and reducing costs. Specifically, it saved approximately €50,000 per year for the Pricing and Order-to-Cash (OTC) teams in the EU alone. The project's return on investment (ROI) was achieved in just two years, highlighting its financial and operational benefits.

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