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With experience in a range of customer sites that include Neopost, Scottish and Newcastle and Random House, Invenio are well placed to help you through this economic downturn through the intelligent application and development of your SAP system.

 

The global press has been awash with stories about well-known companies unable to survive in these turbulent times and it’s probable that more of your peers will join them in the coming months.

 

With consumers reining in their spending, retailers - and their supply chain - must get smart about how they are using technology to support them in troubled times.

 

Tailoring your SAP solution for the Retail industry:

 

Now is the time where your investment in SAP can really pay off – sheltering you from the worst of the recession and helping you spot opportunities for growth in a declining market.

 

Invenio can help you:

 

	Increase sales – we can optimise your use of SAP to get an in-depth insight and understanding of your consumers’ needs - so you can offer the right goods, at the right price with confidence.
	Reduce cost of goods – why not enhance, extend and tailor your SAP solution to help you better manage your supply chain? With Invenio you’ll gain increased visibility and control of your supply chain processes – including warehousing, transportation, and replenishment – to ensure that each merchandising decision you take is based on a realistic picture of your business.
	Optimise labour costs – by working together we can improve productivity across your stores using human capital and workforce management SAP solutions that provide centralised control of your personnel and budgetary information.
	Increase margins and profitability – SAP price optimisation solutions can help you fine-tune your pricing strategies to maximise your return. By using Invenio’s report creation team, you can also analyse your data to help develop markdown strategies that will minimise margin reduction while maximising sell-through to increase profitability.
	Deliver timely, relevant products – why not take advantage of SAP capabilities to support merchandise and assortment planning, forecasting, and stock replenishment? This way you can help ensure that the right products are quickly and accurately planned, procured, allocated, replenished, and reordered to maximise product delivery and inventory productivity.
	Increase productivity and improve decision making – with Invenio’s reporting and custom development teams you can deliver vital decision-making information to your stores, regional and head office management teams – allowing them to take fast and proactive decisions based upon current trading conditions. We can develop and deliver a range of analytical tools, graphical reporting capabilities and workflow management so that everyone within your business can make and execute smart decisions quickly.

The outlook for wholesale and distribution is clearly dependent on the fortunes of their retailing counterparts. If demand from the consumer falls then so it follows that the wholesale and distribution industry are in danger of suffering a similar fate to the retail industry.

Tailoring your SAP solution for the Wholesale/Distribution Industry:

 

Fortunately those wholesale/distribution businesses that have SAP can find themselves in a much better position than their competitors through the intelligent exploitation of the SAP application portfolio.

 

Invenio can help you:

 

	Improve customer and supplier management by using SAP to engage in collaborative forecasting with all your suppliers and customers. This means you can better manage all your customer and supplier-related activities.
	Optimise your inventory service levels and forecast inventory demand. SAP can help you track key information from customers, suppliers, and logistics service providers, and provide accurate, real-time views into all transactions. We can also help you to streamline warehouse, transportation, and order management operations.
	Support RFID requirements. Invenio can implement, configure and support cutting edge RFID SAP solutions that will increase warehouse productivity and improve materials handling.
	Deliver value-added services. Why not use SAP to help you implement a range of value added services such as vendor-managed inventory and detailed invoicing with profitability tracking and analysis? Invenio can also implement and tailor a range of SAP applications for the wholesale distribution segment including internet sales, call centre management, customer information management and repackaging.
	Enhance cost recovery. You can use SAP to support your chargeback processes for reimbursements based on special agreements. With Invenio, you can also enable intelligent data capture, subsequent invoicing and control of chargeback agreements - and we can deploy capability for tracking and managing bonuses to facilitate optimal use of financial agreements with suppliers.
	Reduce financial and transactional costs. Invenio’s FICO specialists can help you to standardise and streamline your accounting practices, and tighten up your financial and profitability reporting processes. We can also help implement support for various financial services, such as centralised regulation, invoicing, and factoring. Enable bonus settlement and Web-based complaint administration to reduce financial and transactional costs.
	Make better decisions through deeper insight. Configure SAP to allow for real-time profitability analyses of diverse business processes so you can ensure sound business decision-making. Our reporting team can help you to manage and share information that’s stored in multiple locations, providing real-time views into all business transactions.

 If you are looking to make the most of your SAP system during these challenging times, you can call our solutions advisory team today on +44 (0)330 440 1800 or get in touch via our online form.

 

Don’t have SAP?

 

Companies in the wholesale and/or distribution sector can buy, build and implement an SAP solution for a fast return on investment.

 

Additional Resources:

 

	Meet our Retail and Wholesale industry experts
	Read more about our services to companies using SAP
	Visit our library to download product and services information.