Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

SAP Unveils New Assortment Planning Application for Retail

15/01/2015 by Sharon Shahzad

W1siziisijiwmtuvmdevmtuvmtqvmjevmjyvody2l1ryaw5pdhlfu2hvchbpbmdfq2vudhjlx0xlzwrzlmpwzyjdlfsiccisinrodw1iiiwinjawedqwmfx1mdazzsjdxq

SAP recently disclosed its novel application, SAP Assortment Planning for Retail. The application has been designed such that the retailers can efficiently cluster the stores on the basis of selected attributes. This way, they can choose the optimal mix of items in each store cluster, so as to maximize their returns.

SAP Assortment Planning for Retail will also enjoy benefits from the company's flagship platform - SAP HANA - in order to leverage the analytics capabilities for optimal and speedy determination of store clusters. Additionally, the aforementioned application is likely to be equipped with SAP Fiori user experience, while the transactional data will be integrated by the SAP Customer Activity Repository application.

SAP Assortment Planning for Retail will deploy analytics techniques using some specified attributes and metrics to form the location cluster. The clusters, thus formed, will be considered along with the product group for planning the assortments and the optimal quantities of sales and purchase.

The application will also draw insights regarding product performance from metrics like sales history. This will equip the retailers with crucial information that will come handy while introducing new products. Furthermore, the option of creating placeholder products, the pre-launch version of a product, will be critical for new product introductions. Another key feature of the application will be its ability to balance the depth and width of assortments with the use of option planning.

This article has been extracted from http://www.nasdaq.com, please click on this link to read the article in full http://www.nasdaq.com/article/sap-unveils-new-assortment-planning-application-for-retail-analyst-blog-cm432957

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technology, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdqvmjqvmtqvmzqvmzuvnjg3l3nodxr0zxjzdg9ja182mdq2otc5nziuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

What Does A Snap Election Mean For Recruitment?

2017-04-25 08:00:00 +0100

On Tuesday 18th April, Prime Minister Theresa May called a snap general election for 8th June, taking the nation by surprise. Rather than waiting until 2020, voters will now be casting their ballots in a matter of weeks. The hope for the government is that a Tory victory give the prime minister a strong mandate in parliament as Brexit negotiations begin. This sudden decision has been embraced by many in the recruitment industry due to the anticipated st...

W1siziisijiwmtcvmdqvmtkvmtuvndivntgvnjcyl3nodxr0zxjzdg9ja18xmja3mdi1ndcuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Evolve or Die: The Importance of Being Agile

2017-04-19 18:00:00 +0100

In the high-speed world of IT, agility is essential if you want to stay on top. Over the last 20 years, Montash Managing Director Roy Dungworth has experienced many changes in the industry. But two things never change - the need for business agility and the importance of people. Roy shares his insights after two decades in the industry. The pace of the IT industry increases every year. The way people buy or consume information today is having an enormou...