SAP® IS Retail
Overview
SAP® IS Retail is a completely integrated ERP solution aimed at the retail industry. The software works well for small, medium, and large scale corporations. It aims to fully integrate all departments of a retail organization. These can be supply chain, marketing, and logistic departments. For a retail company, SAP® IS Retail offers all the functions required to model business processes.
Pricing and Promotions
Managing and analyzing events at retail stores including bonus buys, coupons and free good discounts
Markdown planning and management
Sales and margin planning associatedwith price reductions
Master Data
Merchandise hierarchy, article hierarchies, site management, multi-dimensional articles and retail specific characteristics
Assortment management
Ability to include/exclude single items or groups of items from a stores assortment of merchandise
Resource Planning methods
Retail provides additional forecasting algorithms to support store level replenishment
Store allocation
Ability to push merchandise to stores based on various rules and strategies.Sales order allocation is on a first in first out basis