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SAP for Retail Solution Adoption Increases|
- By CXOtoday Staff, Mar 24, 2009 1600 hrs IST
- Tags : SAP, retail solutions, DLF Retail, Khadim Jewellers, Dimexon Diamonds, C Mahendra, Ranjan Das, ERP, ERM solutions, Arpan Gupta, IDC India, CXOtoday
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Over 72 leading retailers, including DLF Retail, Khadim Jewellers, Fresh & Honest Cafe, Super Religare Laboratories and Religare Wellness Limited, Dimexon Diamonds and C Mahendra, have simplified business processes, reduced cost and adapted to the changing industry landscape with the adoption of SAP for retail solutions.
This was revealed by Ranjan Das, managing director, SAP Indian Subcontinent. "Today, retailers are faced with an uncertain economic environment and by customers who are smarter and more demanding than ever before. The need of the hour is to sustain business growth through innovation and differentiation," he said
In the retail sector, technology is deployed not only in accounting and human resource management, but also in core functions like buying, merchandising and store management.
"IT applications are witnessing adoption from the very beginning till the 'last mile' of the business operation for most retail functions and the key solutions being looked upon by retailers in India today are ERP/ERM solutions, supply chain management (SCM), inventory management and security solutions," said Arpan Gupta, manager-services, BPO & Industry Verticals Research, IDC India.
Retailers across the board are using SAP technology for greater visibility into consumer spending trends. Among the latest implementation of SAP in India is DLF's foray into retail - adopting SAP for retail solutions including SAP POS.
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