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IBM and SAP to Offer New Co-Created Industry Solution for Retail and Consumer Packaged Goods Industries - IBM and SAP SE have teamed up to provide a co-innovated solution for the retail and consumer packaged goods industries to help both increase profitability and improve the consumer experience [NYSE: SAP] - SAP.com / IBM.com
IBM and SAP to Offer New Co-Created Industry Solution for Retail and Consumer Packaged Goods Industries

 

PRZOOM - /newswire/ - Armonk, NY, United States, 2017/08/24 - IBM and SAP SE have teamed up to provide a co-innovated solution for the retail and consumer packaged goods industries to help both increase profitability and improve the consumer experience [NYSE: SAP] - SAP.com / IBM.com. NASDAQ: KNXA

   
 
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The solution uses near real-time data to markedly improve planning and execution in the physical store. Unique data sources, such as IBM’s Metro Pulse, flow through SAP® Cloud Platform to provide insights that can be acted upon almost immediately. All of these transformative insights for better decision making are fueled by live business, unique near real-time market-demand signals and a digital core that helps make the execution possible.

This is the first plan for an industry focused solution resulting from the two companies’ digital transformation partnership announced last year. It is one of several industry-specific digital solutions currently in development. It also expands upon the investment IBM has made in retail and consumer packaged goods customers with SAP S/4HANA industry solutions. The two companies also intend to collaborate on SAP Model Company services, a prepackaged, ready-to-use, end-to-end reference solution that can be customized to meet specific line-of-business and industry needs to accelerate the time to value.

IBM Metro Pulse uses IBM’s cognitive services to provide hyperlocal insights around weather, events, traffic and demographics and helps address key industry challenges such as on-shelf availability and demand forecasting accuracy. During trials of this cognitive technology across more than 100 stores in multiple American markets, the solution improved forecasting accuracy of volatile, hard-to-forecast products by 75 percent.

SAP’s expertise will bring together the various unique data sources into the SAP Cloud Platform, including data feeds from IBM’s cognitive capabilities, allowing retailers to identify and take near-immediate action on these new insights to help improve business performance.

For example, a New York City sales operation manager for a beverage company may try to forecast sales during the New York Marathon at one of her team’s stores along the running route. Using this new solution, she could incorporate information on traffic flows at different points along the route, as well as the impact the weather forecast has on demand. This allows her to predict with much greater accuracy the spikes in demand at a store level. Based on these insights, the sales operation manager can create tasks and suggested orders for sales representatives, who in turn can discuss with each individual store manager how to make the appropriate product adjustments expected to maximize incremental sales for both parties.

"SAP S/4HANA, coupled with access to rich, hyperlocal data understood and reasoned by IBM’s cognitive services, can provide consumer product and retail business users across the C-suite with the specific insights to gain a competitive advantage in major markets,” said Laurence Haziot, IBM Global Managing Director and General Manager Consumer Industries.

“Through this exciting collaboration between SAP and IBM, retailers and consumer products companies today can respond with speed, precision and confidence to locally relevant events. SAP S/4HANA includes capabilities to enable users to execute end-to-end business processes in ways that other systems cannot,” said Lori Mitchell-Keller, global general manager, Consumer Industries at SAP.

About IBM Global Business Services
For more information about IBM Global Business services, please visit www-935.ibm.com/services/us/gbs/consulting.

About SAP
As market leader in enterprise application software, SAP (sap.com) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 355,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

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For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: +1 800-872-1SAP (1-800-872-1727)

Contact: Stacy Ries - SAP Global Media Relations for SAP Industries
P: 484-619-0411 - E: stacy.ries[.]sap.com.

 
 
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IBM and SAP to Offer New Co-Created Industry Solution for Retail and Consumer Packaged Goods Industries

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