Increased sales - Obtain an in-depth understanding of shopper needs. This means you can offer the right ranges, at the right price, to attract and retain loyal customers and anticipate their needs.
Reduced cost of goods – With an SAP Retail solution, you can tighten supplier management and reduce the cost of goods using a vendor scorecard, reporting, and a collaborative vendor portal solution.
Increased visibility and control of supply chain processes – across warehousing, transportation, and replenishment – to ensure that each decision strikes the appropriate cost/service balance.
Optimised workforce costs – SAP can help ensure your labour costs are channelled in the right places, used to maximise the shopper experience and improve productivity across the company.
Increased margins and profitability – Price optimisation solutions from SAP help you refine your pricing strategies by location/channel to offer the best margin return within a category and determine optimal promotional offers. You can also develop markdown strategies to minimise margin reduction while maximising sell-through, increasing profitability.
Better product delivery – SAP solutions that support merchandise and assortment planning, forecasting, and replenishment provide a common view of customer demand – ensuring that the right products are quickly and accurately planned, procured, allocated, replenished, and reordered to maximise product delivery and inventory productivity.
Increased productivity and improved decision making – With SAP you can deliver the information your associates need, when they need it – enabling them to be fast, nimble and proactive. The underlying analytical tools, graphical reporting capabilities and workflow management from SAP means your entire company can make and execute smart decisions quickly.
Simplified operating processes and common standards – SAP uses one integrated database, a single set of common business processes and one set of KPIs – ensuring your entire company works efficiently as one.
Lower total cost of ownership – SAP reduces total cost of ownership by providing best-of-breed business process support, along with adherence to retail industry standards (ARTS and VICS) and IT industry standards (XML).
Excel at customer service – have the visibility required to select the right product range, avoid out of stocks, process returns efficiently and handle complaints proactively.