Identifying the Right
Opportunities in Today’s Economy
In an economic environment like this, you might expect
retailers to cut all capital investments until the storm passes.
However, as McKinsey observes, “Retailers should bear in mind
that the least effective thing to do during a downturn is to
simply ‘hunker down’ and ‘weather the storm.” [1]
(Click here for full article).
Smart retailers continue to invest in technology, just in a more
focused way. They realize they can’t cut their way to
profitability and with the right investments they can be better
positioned to take advantage of the recovery when it comes.
To learn more about the technology investments smart retailers
are making now, we invite you to read the resources listed
below.
[1] How retailers can make the best of
a slowdown, McKinsey Quarterly, September 2008.
Explore how striking the right balance between
reducing costs and making investments will ensure
future success.
Learn how recent economic trends are affecting
the behavior of shoppers, and discover how a
science-based merchandise life-cycle approach can
help you better understand your customers and
improve your bottom line.
Change is relentless -- be it ever-higher
customer expectations, shrinking product life
cycles, or new competitors -- but when your business
is poised to handle challenges with agility and
speed, these market changes become opportunities to
pull ahead.
Learn how Business intelligence (BI) has become
critical to unlocking the value of all IT initiatives by
having the proper data at the right place and the right
time so your employees can arm themselves with the
appropriate strategic information.
Retail success begins with demand-driven retailing to
become more strategic in merchandising and enhancing the
shopper experience. Join RIS News, AMR Research and a
Retail Executive to learn of five demand-driven
retailing strategies, and how a demand-driven model
transforms the way retailers and suppliers interact.
Make faster, smarter decisions in replenishment,
promotions, price markdowns and assortments to drive
better business performance metrics. The keys to success
are found by aligning demand and customer data into
actionable intelligence that transforms historical data
into a predictive view.
ADDITIONAL RESOURCESPlease enjoy these
complimentary resources courtesy of SAP.
Learn how SAP Price Optimization helps you create
and execute pricing strategies with full
understanding of price sensitivity, shopper demand,
cost structure, and impact on price image. Trade-off
shopper expectations against your competitive
position, sales, and profitability.
Learn about SAP Multisite Workforce Deployment.
Part of the SAP for Retail portfolio, this
application enables a tighter, integrated, and
centralized approach to workforce management.
Retailers need cost effective business
intelligence (BI) tools and applications that enable
them to effectively harness the vast quantities of
information their IT systems generate internally, as
well as combine this with external data sources, to
poise them to gain competitive advantage.
Leverage a single platform to connect all people
to all information, providing a unified view of the
business.
For more information on the SAP for Retail Suite
click here.
Webcast: Smart Moves In Challenging Times
Join us to learn about retail trends, the 2009 projected forecast
and recovery timeline, and how SAP for Retail enables improved
performance.
Watch Webcast
Retailer Think Tank Webcast
Workforce Management Best Practices.
Watch Webcast
Price Optimization to Improve Profitability and Growth
Learn how the SAP Price Optimization application helps you create
and execute pricing strategies with full understanding of price
sensitivity, customer demand, cost structure, and impact on price
image. You can balance customer expectations against your
competitive position, unit sales, and profitability.
View Now