OBT RETAIL
SOLUTION
“Retail Industry is under pressure from different angles
– Agile competition, regulations, Legacy systems and demanding
customers.”
In the wake of globalization, regulation, growing costs,
and demanding customers retail industry is under tremendous
pressure. In addition to these changing market conditions,
there are now multiple channels to reach customers. All of
this has increased the need for flexibility and agility in
the business applications. Current retail solutions are built
as separate Siloed systems and pose many challenges in providing
a seamless customer experience across multiple channels and
providing information where it is needed. All too often, the
alignment of technology with business objectives gets bogged
down by integration problems and progresses no further than
the white board.
Due to stakeholder demands and the resultant Sarbanes-Oxley
legislation, the retail & consumer industry is also experiencing
heightened regulatory pressures. These pressures will require
greater accountability and accuracy in the reporting of financial
results, increased levels of corporate governance and board
involvement, stronger internal control documentation and a
greater need for stronger risk management practices across
the enterprise.
A recent survey indicated that Worldwide retail sales are
estimated at $7 trillion and compound annual growth rate is
(CAGR) of 5.8 percent.
So the complexity and agility of ever changing retail industry
bring the in proportion volume of growth opportunities along
with challenges.
For retail & consumer companies across the globe, OBT
India P Ltd offers a strong and reliable SAP “ERP for
retail” solution. Our mission is to help our clients
extract value from their multinational operations, to develop
a competitive advantage across the value chain, and to ensure
that all corporate stakeholder expectations are recognized
and met.
SAP for Retail is a solution portfolio that combines mySAP™
Business Suite solutions with a broad set of integrated retail
applications to help companies profitably serve consumer demand
across multiple channels.
Business Benefits
|
| • |
Increased sales with Customer Relation Management (CRM)
and Business Warehouse (BW). |
• |
Increased profits with price optimization
across the product life cycle, regular & promotional
pricing. |
• |
Reduced goods cost with tighter supplier
management. |
• |
Reduction in labor costs with human capital
and workforce management. |
• |
Maximize product flow-through and inventory
productivity by merchandise and assortment planning, forecasting,
and replenishment solutions. |
• |
Automation of basic, repetitive tasks and
highlighting only exceptions using action Workflow management
tools. |
• |
Simplified operating processes and common
standards using one integrated database while supporting
the company wide adoption of standard best practices.
|
• |
Lower total cost of ownership by providing
best-of-breed business-process in adherence to retail
industry standards (ARTS and VICS) and IT industry standards
(XML). |
• |
Plan reconciliation and ensure improved
merchandise offers for the customer. |
| |
|
The solution supports:
|
• |
Category and merchandise management to foresee customer
needs |
• |
Buying and vendor management |
• |
Cost management , price planning and optimization
and price management |
• |
Supply chain planning, execution and monitoring |
• |
Store and channel management |
• |
Retail administrative activities like core
retail operations, human resource, financials, real estate
and master data management |
Conclusion
Customers are now become more discerning – and demanding
than they are today. SAP retail solution will maximize enterprise-wide
scalability and help you to maintain high ROI in the highly
competitive retail market. |