SAP for Retail Companies
- April 4, 2023
There is certainly a diversity of companies within the retail industry including grocery, eCommerce, apparel and footwear, and luxury.
Below, we touch on some of the specific solutions that SAP can provide retail companies.
SAP for Retail
SAP S/4HANA Retail for Merchandise Management
SAP’s flagship solution for retail can help retailers operating in any sub-sector of the industry solve their business challenges. Some key capabilities include providing real-time analytics to improve in-store operations and supply chain optimization. As shoppers have learned to expect a true omnichannel experience, it’s key for companies to maximize efficiency in their operations to meet that expectation. SAP enables companies to optimize in-person shopping experiences in order to encourage consumers to return.
SAP Commerce Cloud
This solution enables businesses to bolster eCommerce processes. AI-assisted recommendations and promotions create more personalized online shopping experiences for customers. ECommerce is an ever-growing segment of the retail industry. With the help of SAPs recommendations, companies can create distinct offerings that separate them from competitors.
SAP Intelligent Returns Management
This solution helps retailers improve efficiency and the overall customer experience with product returns leveraging AI assistance. Some of the potential benefits include maximizing margins on returns and increasing sustainability through reduced carbon emissions. The retail space is becoming even more saturated with returns as eCommerce grows. Managing these returns efficiently and sustainably with SAP can be an effective way to mitigate revenue loss from ailing brick-and-mortar locations.
Contact the BCTG team to learn more about SAP solutions for retail companies.
This piece was originally published by a partner in our business ecosystem, Crescense. Learn more about Crescense here.