Home / Knowledge / News / Information Technology / Green IT to become a key business driver for eco-savvy retailers
Green IT to become a key business driver for eco-savvy retailers
19
Nov '09
Epicor Software Corporation introduced the Epicor Retail Green IT Initiative, the first program of its kind to be offered by a retail software systems provider, designed to provide cost savings while positively impacting the environment by reducing power consumption and paper waste associated with retail point-of-sale (POS) systems.

Epicor's program involves onsite analysis conducted by a team of Epicor consultants and business analysts specializing in green IT initiatives. This analysis includes an energy consumption evaluation, a review of current hardware and system configurations, specific recommended actions and areas of focus, and a detailed return on investment analysis that demonstrates resulting bottom line benefits that retailers can achieve. The team then supports the retail organization's execution of the recommendations to their locations in the field.

Through a series of small operational adjustments such as tuning POS system parameters to lower power consumption and conserving paper, Epicor Retail's Green IT Initiative affords retailers the opportunity to expand their sustainability efforts while saving tens of thousands of dollars per year. For example, a 10 percent reduction in energy costs for the average full-line discount retailer can boost net profit margins by as much as 1.55 percent, or the equivalent of $25 in extra sales per square foot of retail space.

Epicor designed the software which drives “smart hardware” platforms from NCR and IBM, leveraging IBM's Remote Management Agent (RMA) technology to achieve green benefits.

“IBM is committed to supporting green initiatives that conserve resources, lower power consumption and improve retailers' bottom line profitability,” said Leo Suarez, vice president of marketing & strategy, IBM Retail Store Solutions. “Our remote optimization support enables retailers to be more agile and achieve management efficiencies, and now – more environmentally friendly – via the Epicor Retail Green IT initiative.”

According to an independent report from Forrester Research covering green IT, “The top motivation for pursuing green IT is to reduce energy-related operating expenses. This is not surprising, since energy conservation and efficiency initiatives offer tangible, and in many cases immediate, financial and environmental savings. As such, reducing energy consumption should be foundational to any green IT strategy.”

Lynne Davidson, vice president, Services and Support for Epicor Retail, says that small changes can have a big effect. “Based on calculations from the U.S. Department of Energy, retailers can achieve 500-600 kWh or an average of $70 of power savings per register/device per year. If applied to 500 registers, in three years this could translate to roughly $101,000 in savings, a reduction in CO2 emissions by 60 tons and, from an environmental standpoint, is equivalent to planting 125 acres of trees.”

“Being 'green' is becoming a key business driver as eco-savvy consumers are drawn to environmental-friendly companies when making purchasing decisions and demand 'green' conscientiousness from the brands they trust,” said David Henning, executive vice president and general manager for Epicor Retail. “In today's economic climate, spending is tight on both the consumer and retailer sides, so initiatives that produce both financial and environmental benefits, particularly without increased capital investment such as Epicor's Retail Green IT Initiative, are a win-win.

Must ReadView All

Textiles | On 23rd May 2017

Grasim’s VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search