Home / Knowledge / News / Information Technology / SAP to develop single vertical solution for fashion sector
SAP to develop single vertical solution for fashion sector
24
Jan '14
SAP AG announces plans to collaborate with key customers to better meet the challenges faced by apparel, footwear and accessory companies. Working with adidas, Luxottica and Tommy Hilfiger, SAP envisions bringing a new fashion solution to the marketplace that will better enable fashion brands to manufacture their products and sell them to retailers and consumers using one single, vertical solution.
 
The announcement was made at the NRF 103rd Annual Convention and EXPO, being held January 12-15 at the Javits Convention Center in New York City. 
 
Fashion companies strive to be customer-centric by using best practices and Big Data in a cross-channel vertical environment. Wholesalers and manufacturers that run retail stores and have direct-to-consumer (D2C) Web channels may keep inventories in disintegrated silos, leading to issues in stock and distribution decisions. 
 
It can also mean new styles are not brought to market quickly enough, and moving into new markets and channels is cumbersome and time-consuming. The planned single Big Data-enabled solution is envisioned to give fashion companies a unified view of inventory. And with the power of in-memory computing, large data volumes can be quickly analyzed for a fast and accurate overview of products. This is expected to save both time and money across operations. 
 
The collaboration aims to enable retailers to meet these challenges and manage the vertical, omni-channel business processes across one Big Data system landscape for greater efficiency, quicker time to market and better inventory control, so retailers can grow globally. 
 
“With this development, we plan to help our fashion customers become truly vertical,” said Lori Mitchell-Keller, global head, Industry Business Unit Retail, SAP. “As a result of this planned collaboration, we aim to bring the processes for vertical fashion wholesale, manufacturing and retail into one system using the power of our proven, Big Data-enabled business suite on SAP HANA.” 
 
“Our deep and innovative partnership with SAP will enable us to bring our global wholesale and retail businesses closer together,” said Jan Brecht, Group CIO, adidas. 
 
“We’re focused on taking our retail, wholesale and manufacturing businesses to a new level with our SAP collaboration,” said Dario Scagliotti, Group CIO, Luxottica. “The future looks very bright for our operations.” 
 
“Our innovation with SAP is intended to create a new single platform for speed and growth across our multiple businesses and distribution channels,” said Ludo Onnink, COO, Tommy Hilfiger. “We look forward to using these best practices to run faster than ever before.” 
 
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. 
 
“Today’s fashion and lifestyle companies need a fully vertical in-memory solution,” said Vajira de Silva, CEO attune Consulting. “We are happy to support SAP in taking their industry leadership to the next level.” 
 
SAP will host a number of invite-only events with retailers and SAP executives at NRF, including a global media reception and a customer roundtable luncheon.

SAP


Must ReadView All

'Knitting machines can be used for various applications'

Textiles | On 21st Aug 2018

'Knitting machines can be used for various applications'

Flat knitting machines have the potential of being used for a number...

Revise trade laws, tariffs: US envoy to India

Textiles | On 21st Aug 2018

Revise trade laws, tariffs: US envoy to India

Urging India to rethink trade barriers, tariffs and regulations, US...

Indian team finds way to cut water use in textile industry

Textiles | On 21st Aug 2018

Indian team finds way to cut water use in textile industry

Researchers at the department of chemistry in Calicut University in...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Urmil Arya

Sushila International, a well established textile organisation established ...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Igor Chapurin
Chapurin

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

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search