SAP to Deliver Best Practices for Fashion Industry Constituents

At the recent National Retail Federation (NRF) annual convention, SAP announced plans to collaborate with key customers to better meet the challenges faced by apparel, footwear, and accessory companies. Aiming to enable fashion brands to better manufacture their products and sell them to retailers and consumers using a single vertical solution, SAP is working on several aspects of the new solution development with attune Consulting, a global solution and technology provider to the fashion and lifestyle industry.
Wholesalers and manufacturers that run retail stores and have direct-to-consumer (D2C) Web channels often have to keep inventories in unintegrated silos, leading to bloated stock and distribution issues. This situation can also mean that new styles are not brought to market quickly enough. And moving into new markets and channels is cumbersome and time-consuming.

By incorporating best practices and big data into a multichannel vertical environment, fashion companies can become more customer-centric.
The planned single big data–enabled solution is envisioned to give fashion wholesale, manufacturing, and retail companies a unified view of inventory. And with the in-memory computing power of SAP HANA, large data volumes can be quickly analyzed for a fast and accurate overview of products.
This could be a harbinger of what is to come at SAP. There are indications that the entire SAP Retail suite will be delivered on a single SAP HANA platform in 2014. So all verticals that SAP targets will have their manufacturing, distribution, and retail counterparts using the same platform and looking at the same set of data.
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