Pivigo and the Parts Alliance: Building a Pricing Engine in Five WeeksGrace Hopper Stage
The Parts Alliance is one of the UK’s leading suppliers of automotive parts, supplying 30,000 different manufactured car parts to national and local independent garages and workshops. The Alliance consists of over 155 different branches across the UK, however they lacked a unified pricing system across this network: prices for parts were determined at the point-of-sale by each individual sales advisor. The Parts Alliance felt, therefore, that they were not making the best use of their data. In this talk we will tell about a five-week project aimed at making better use of The Parts Alliance data in order to create a dynamic pricing engine to maximise sales revenue. The result of this work could translate to an almost 30% revenue increase for the company, or up to £6 million. We will also discuss the practical concerns we have encountered when considering how-best to implement a large-scale overhaul of a central functionality in a large company.
Cédric Villani, Mathematician - member of the Academy of Sciences - 1st vice-president of the Parliamentary Office For Scientific and Technological Assessment (OPECST) – Member of Parliament Fields Medal,