ERP for the Retail Industry

Looking into the future of the retail market

Retailers face a challenging environment with global risks on the rise.  In response, retailers of all sizes are prioritizing sales growth and operational efficiency. They're also looking for ways to reduce risk and develop new ideas.  Sustainability is becoming increasingly important from both environmental and profitability viewpoints and will be a key part of their overall strategies in the years to come.

To be successful in this changing market, retailers need to transform their businesses, leveraging technology that will enable them to adapt and scale with the market. This transformation is essential for good performance and happy customers.  Leaders need to improve their business processes and systems to be more interconnected and adaptable.

By using a clean-core approach to business systems, a retailers ERP system is the central point (single source of truth) that can be extended seamlessly with SAP products and services as well as through integrations to various technologies from different vendors. SAP’s cloud ERP, clean-core approach, supported by SAP Business Technology Platform (BTP), provides growth-focused retailers the agility they need to meet new customer demands and respond to future market changes, even unforeseen ones.

Technology Essentials for Key Decision Makers

COOs face the pressure to implement state-of-the-art processes and advanced technologies for digital transformation. These include applying IoT for warehouse operations, and improving inventory optimization, quality, and delivery. COOs need a comprehensive platform upon which to develop and deploy connected software solutions and services, as well as improve the integration between IT/OT.

 CEOs need to ensure their company is agile enough to execute rapidly on key decisions – this impacts every aspect of the organization, people, processes, practices, partners, and solutions. The CEO will continually need to balance innovation with cost, risk, and investment.

 CIOs are at the heart of the required digital transformation and are required to move from old, unsustainable, insecure systems or their start-up platforms, to fit-to-standard-based solutions that will help their organization rapidly adapt to changing business models and readily navigate a turbulent external environment.

 VP of Supply Chain must become a more strategic partner to the business, moving from price-centricity to viewing and managing the complete supply chain, by improving visibility and applying best practices all while supporting the enterprise's changing sales channels.

How will Navigator Business Solutions help Your Retail Company?

SAP has been a trusted solution partner for growing retail companies for decades. Navigator Business Solutions delivers cloud SAP ERP solutions to provide companies with an affordable, fit-to-standard based ERP solution using their accelerated implementation methodology. This software solution meets omnichannel retailers where they are with SAP technology that will scale with them all at a speed that enables a digital transformation with minimal disruption.

SAP ERP delivered by Navigator Business Solutions provides a comprehensive yet flexible solution for local and global retail companies, supporting the unique market needs of each organization and offering excellent business process fit, out of the box.

Implementing an SAP ERP platform with Navigator provides fit-to-standard business processes that can be quickly and easily configured to a company’s unique needs using built-in usability tools, and ready-to-integrate web services. The concept of “click not code” eliminates the need for expensive and difficult-to-maintain customizations. SAP’s continuous innovation on their advanced cloud platform virtually future proofs the application platform for organizations of any size and life stage.

SAP ERP solutions offer a fit to standard approach that provides the distinct planning and operational needs of retail companies – including demand and supply chain planning, returns management, warehousing and inventory management (WMS), financial visibility, analytics, quality management, and more. No matter how your organization scales, you will never outgrow SAP.