Company Filing History:
Years Active: 2009
Title: Harald Fees: Innovator in Pricing Control
Introduction: Harald Fees, an inventor based in Ottweiler, Germany, has made a significant contribution to the field of automated pricing control. With one patent to his name, he has developed a method that allows for efficient adjustments to retail pricing based on real-time sales data and markdown profiles.
Latest Patents: Harald Fees holds a patent titled "Assignment of Markdown Profiles for Automated Control of Pricing." This invention provides a comprehensive method, program product, and system for managing pricing through a markdown profile. The patent outlines a process that involves selecting a markdown profile according to the attributes of a product, setting an initial retail price, collecting updated sales data, and determining appropriate markdowns to apply. Additionally, the invention includes a data structure that facilitates retail price adjustments by considering actual sales quotas and corresponding markdowns linked to specific periods.
Career Highlights: Harald Fees has built his professional journey at SAP AG, where he has focused on innovative solutions for business processes. His work aims to enhance the efficiency of pricing strategies in retail, a crucial aspect of maximizing sales and profitability for companies.
Collaborations: Throughout his career, Harald has collaborated with notable coworkers such as Thomas Veit and Ines Wannemacher. These partnerships reflect a commitment to teamwork and shared innovation in driving advancements within the company.
Conclusion: Harald Fees exemplifies the spirit of innovation in the realm of automated pricing control. His patent represents a valuable advancement that companies can leverage to optimize their pricing strategies and respond effectively to market demands. With his work at SAP AG and collaborative efforts, he continues to influence the field of pricing automation.