Real-time pricing engine for an omnichannel precious-metals platform
Mennica Skarbowa, a Polish precious-metals distributor building an omnichannel platform, needed prices that follow the market intraday and margins that never slip. We built a pricing engine fed by London Metal Exchange and distributor quotations, a rules-driven margin model, a control portal, and price distribution to every web store and physical shop.
- Intraday
- base-price updates from live market and distributor feedsProduction
- Every channel
- custom web stores, third-party cloud platforms and physical stores priced from one engineProduction
- Fewer
- mispricing events, with human error in price setting removedClient
- Client
- Mennica Skarbowa, a Polish precious-metals distributor
- Sector
- Ecommerce and precious-metals trading
- Stack
- Mule Runtime for the intraday base-price load and update process, a custom real-time pricing engine, a price control and monitoring portal, multi-channel distribution
- Offer today
- Performance Rescue and integration work inside a Modernization Sprint
A low-margin, high-price business where a delayed price is a loss
Physical gold is a low-margin, high-price business that requires strict margin and price control. As the gold price fluctuates intraday, any delay in price updates or their distribution risks mispricing and an immediate margin loss.
The client wanted a fast price distribution system driven by a custom calculation engine: automated margin updates intraday, populated by real-time feeds from trading markets such as the London Metal Exchange and from distributor listings, serving multiple sales channels including specialist ecommerce sites and physical stores, with accurate price and margin across the whole portfolio.
One engine, one control portal, many channels
We designed and implemented a high-performance intraday base-price load and update process on Mule Runtime, synchronizing quotations from multiple sources with a real-time pricing engine. The engine recalculates and distributes offer prices from base price, product type, target sales channel and margin levels defined statically or by automated rules.
A Price Control and Monitoring Portal let the client configure the engine and review historical prices from a web application. Final prices were distributed to on-premise custom store websites and to third-party cloud ecommerce platforms.
What changed for the business
- More channels
- real-time price and margin control let the client expand the number of sales channelsClient
- Fewer errors
- instant automated distribution cut mispricing events and removed human error in price settingClient
- One system
- the centralised price configuration portal became the key control point for omnichannel revenueClient
The offers this engagement proves
The bespoke metal exchange platform works great, it is easily accessible and richly functional. Stratoflow managed deadlines capably, meticulously documented their progress, and delivered a complex project at an affordable cost.
Bartłomiej KnichnickiVice Chairman, Supervisory Board, Mennica SkarbowaBook a scoping call
Thirty minutes with an architect, not a salesperson. You leave with a written view of scope, price model and whether we are the right team for it.