Retail

Grow your customer base and increase profits by moving to a single, real-time retail platform that can help you gain insights into customer behavior; anticipate demand; manage inventory; and deliver personalized, omnichannel offers and services – wherever your customers choose to engage.

New report: resilience is key to midsize retail success


A new global study from SAP reveals that executives in midsize retail businesses are rethinking priorities to thrive in an increasingly contested and fickle market.

Download your copy of the report, "The Transformation Mindset: How Midsize Retailers Can Be Customer Centric and Run a Sustainable and Resilient Business" to discover:

  • How sustainability is increasingly connected to brand recognition and reputation;
  • Why midsize retailers are especially vulnerable to supply chain disruption and how to build resilience;
  • Why digital transformation is critical to drive today's business performance and respond to tomorrow's risks.

Plus, get recommendations on the technologies to prioritize in your business transformation to tackle key business issues and respond to new customer expectations faster.

Solution Functional Scope



The solution takes into account the features of the retail company and offers:

  • Integrated resources management of the company, including purchasing, finance, sales and logistics, as well as business and management accounting.
  • Supply chain and marketing management.
  • Successful retail management.
  • Impressive analysis reporting and mobile solutions.

Retailers face new challenges in the way goods are marketed, bought, fulfilled, delivered, and sold in a highly competitive marketplace, but emerging technology innovations offer new opportunities as well.



Assortment and basic data

  • Convenient assortment management thanks to single system of master data maintenance.
  • Access to the universal merchandise manual with the maintenance possibility of multiple qualitative characteristics of the goods.
  • Specific retail reference data.
  • Flexible assortment management, clusterization store capability.
  • Assortment hierarchy management (categories, groups and subgroups, etc).


Forecasting & Replenishment

From the complexity in terms of goods replenishment to the guaranteed availability of the goods at the right place and at the right time! From the "intuitive" forecast to the innovative models of the automatized forecasting! From manual processing promo impact on sales and stock – to the data integration of promotion activities into the process of requirements plan.

  • Increase of the forecast accuracy to reduce the level of costs and increase the availability of goods.
  • Automation of replenishment process for the increasing of productivity gains and mechanism appliance of management by exemption.
  • Logistics optimization to reduce the delivery and order costs, their frequency and duration of storage.
  • Sales maximizing by balancing the stock levels with demand.


Purchasing

End-to-end automation is a guarantee of high efficiency and performance of the purchasing process.

Monitoring of the purchasing budget and budgetary control (Open-to-buy)
Pricing
Selection and evaluation of suppliers (vendors certification functions, based on the specified parameters)
Contracts management, automatic calculation of retro-bonuses
Verification of l invoicesogistics, registration of suppliers' accounts, automatic generation costs
Single delivery and payment control system
Retro-bonuses – calculation and accounting
Processing of perishable foods
Seasonal goods purchase



Material & Stock management

The solution covers the entire quantity and value accounting of the flow, reservations, inventory and revaluation of material resources of the company and supports various types of stocks (client stocks, blocked stock, free-use stock , stock in quality inspection). Material management module (MM) is integrated with all other modules SAP ERP (Finance, Controlling, Logistics, etc.)

  • Stock movement accounting (including accounting of the goods in transit, (CCD) accounting and simultaneous formation of documents on the movement of goods and financial documents).
  • Distribution center and store inventory (with automation cross-picking).
  • Transportation management (routes, transport planning, payment of freight costs).
  • Return logistics.
  • Accounting of returnable packaging.


Sales

Sales process automation of the company offers the company an unlimited space of pricing options - to calculate the price you can use any combination of goods and application of prices, including the calculation function of the purchase cart.

The solution offers a convenient tool for managing the marketing activities (discounts, bonuses, coupons) on the basis of objective data, with the ability to inform the shops and customers.
The solution also includes the following functions:

Retail sales registration with POS-terminals
Integration with POS
Personal data maintenance (cards), communications management , Real-Time Promo
Formation of customer orders
Working with the competitor prices
Limit credit control
Stock reservations and access resolution
Billing



Analysis reporting

The system includes a set of pre-configured specified reports and the ability to data reception from any sources. Availability of iOS, Android platforms support.

Assortment analytics:

  • Analysis of key figures (plan/actual revenues, plan/actual sales, plan/actual profit, plan/actual marginality etc.)
  • Stock movements (BOP/EOP).
  • Sales due to the levels of discounts.
  • Analysis of the order processing.
  • LFL.
  • Daily plan performance.
  • Stock movement analysis (revenues/entries, leave/expenses, turnovers, remaining balance)

In-store sales analysis:

  • Analysis of key figures (number of tickets, the average ticket, the average number of goods in ticket, flow, conversion).
  • Plan/actual sales analysis.
  • LFL etc.


Financial accounting

An integrated company information system of accounting and controlling is a source of accurate and ad-hoc financial information, providing adoption of correct tactical and strategic solutions.

Settlements with debtors and creditors
Bank and cash journal business transactions
Calculation of the goods cost
Multicurrency transactions accounting
Overhead accounting
VAT accounting
Period end closing
Management of contracts, payments control in sectional positions
OS, XMA, accounting transactions
Controlling
Fiscal accounting (income tax)
Budget planning and operational control of the budget