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Determining Unique Glass Pricing for Configured Units: A Validation Approach for Supplier Costs
Authors
Ravikumar Thinnatti Palanichamy
Abstract
Accurate pricing of unique products, such as customized glass components in window manufacturing, presents substantial challenges due to intricate configurations, customer-specific requirements, and environmental regulations. These complexities often result in significant discrepancies between manufacturer quotes and supplier invoices, undermining operational efficiency and supplier relationships. This study introduces a novel portal system designed to streamline real-time pricing calculations by leveraging comprehensive product attributes, thereby enhancing supply chain management in customized manufacturing contexts. The proposed solution employs a multi-tiered architecture built on the Microsoft .NET framework and hosted on an Azure cloud platform, ensuring scalability and robust performance. Seamless integration with existing Enterprise Planning (EP) and Configure Price Quote (CPQ) systems is achieved through RESTful APIs, enabling real-time pricing validation, data normalization, and efficient historical data management.
Through systematic design and implementation, the portal automates manual pricing processes, reducing errors and reconciliation efforts. Empirical findings reveal a 65% reduction in invoice discrepancies and a 35% decrease in reconciliation times, demonstrating substantial improvements in operational efficiency and cost savings. These outcomes not only enhance pricing accuracy but also improve customer service by delivering faster, more reliable quotes. The system’s scalability fosters adaptability to varying order complexities, while its transparency strengthens trust across the supply chain. By aligning pricing with actual costs and regulatory constraints, the portal mitigates financial risks and supports informed decision-making. This research provides actionable insights and practical recommendations for manufacturers seeking to optimize pricing workflows and supply chain performance. The proposed framework offers a scalable, technology-driven solution, contributing to academic and industry efforts to advance operational excellence in customized manufacturing and paving the way for broader applications in other sectors requiring precise pricing mechanisms.
Keywords
Customized Manufacturing, Glass Pricing, Supply Chain Management, Configure Price Quote (CPQ), Microsoft .NET, Azure Cloud, REST APIs, Invoice Discrepancies, Operational Efficiency, Scalable Systems, Portal Development, RESTful API Integration, Data Normalization, Business Process Automation, Supplier Management, Statistical Analysis, Historical Data Management, Procurement Strategy
Citation
Determining Unique Glass Pricing for Configured Units: A Validation Approach for Supplier Costs. Ravikumar Thinnatti Palanichamy. 2020. IJIRCT, Volume 6, Issue 4. Pages 1-7. https://www.ijirct.org/viewPaper.php?paperId=2504055