SAP has released the latest in its series of industry-specific SAP S/4HANA solutions – this time aimed at helping retailers achieve the vision of true end-to-end omnichannel retailing.
SAP S/4HANA Retail for merchandise management provides support for all core retail processes from master data to point of sale, insights into operational retail data, and a simple, intuitive user interface.
According to SAP, these capabilities will help retailers deliver a better and more efficient consumer experience, access contextual, real-time information for better decision-making, and accelerate critical processes such as replenishment.
“Today, it is critical to continue to optimise processes and retail frameworks,” said Achim Schneider, global head of SAP Retail. “With SAP S/4HANA Retail for merchandise management, customers can explore other business models for improved best practices and implement new business processes based on data. The real-time analytics and insights allow our customers to not only keep pace with but anticipate the changing needs of consumers and the market, driving business decisions accordingly.”