Price Optimization: AI-Powered Solution for Microelectronics Component Manufacturer

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Price Optimization: AI-Powered Solution for Microelectronics Component Manufacturer

THE PROBLEM

Leading microelectronics component manufacturer wanted to optimize SKU-level price points for selling to trade.

Their price prediction algorithm had unresolved issues (bugs) resulting in long processing times.

An efficient, AI powered system was needed to decide whether an upcoming quote should be accepted and the quality to be sold.

THE SOLUTION

We developed a middleware of custom SAP application connectors and SAP BAPI

Enabled communication between the client’s SAP systems and the Findability.AI layer

Connectors from the SAP data Hub Pipeline Modeler were used for data acquisition and results extracted from the SAP DATA intelligence layer.

Results were integrated with the client’s SAP analytics cloud to generate business intelligence reports.

THE SUCCESS

Scripts execution time reduced from 24 hours to 1.5 hours

Business users made near-real-time decisions

Realize ‘capability’ Rols like faster implementation of predictive AI in SAP environment

Up to 98% accuracy of win-rate models

Mean square error between 0.04 to 0.06 for capture-rate and price optimization