How to Create this Simplified Asset?

I’d like to create really simplified asset proxies for some of my most utilized objects. How would you go about converting this chair model into the simplified object next to it?

Screenshot 2021-07-30 140315

This is the type of simplified model I’d want, but I could go with anything that would drape over the original model to create a low poly proxy model. Using something like Skimp creates fewer faces, but the resulting model doesn’t always work great.