Accenture & SAP Redesign Fashion Management, Helping Retailers Accelerate Visibility & Integration across Retail & Wholesale ...
September 12 2016 - 11:03AM
Business Wire
Collaboration launched to extended fashion
management capabilities in SAP S/4HANA®
Accenture (NYSE:ACN) and SAP (NYSE:SAP) launched an initiative
to extend SAP’s current fashion management capabilities to a
next-generation fashion management solution that will be designed
to accelerate the digital transformation journey for fashion,
accessory and luxury retail brands. The announcement comes after
both companies announced in January a comprehensive program of
ongoing collaboration on the core development and go-to-market for
SAP S/4HANA®.
Accenture will help bring this vision to life in an in-memory
edition of the solution, which plans to enable vertical integration
across retail, wholesale and manufacturing channels.
“SAP and Accenture bring a culture of co-innovation to the table
that has allowed us to collectively innovate and accelerate our
development road map. The new solutions we are creating show a
committed investment in our clients’ future success,” said Achim
Schneider, global head, Retail Industry Business Unit, SAP.
The next-generation fashion management solution aims to take
advantage of the technology capabilities of SAP S/4HANA, the
flexibility of cloud services and Accenture’s deep retail industry
knowledge. It is expected to help retailers build omnichannel
solutions that manage inventory requirements more easily and
effectively, and accelerate time-to-value to enable a
customer-centric business. Retailers should be able to
simultaneously view and manage retail, wholesale and manufacturing
channels, allowing them to analyze and direct where and how
products are stocked based on specific business rules.
“Retail demands speed – whether interacting with customers,
bringing new products to market, expanding into new geographies,
integrating merged companies or driving operational efficiencies.
Working to extend SAP S/4HANA to the fashion industry is the first
of many planned actions in our collaboration,” said Jill Standish,
Senior Managing Director of Retail at Accenture. “Together, we
combine the best thinking, IP and experts at all levels, including
development, go-to-market, customer support and outcomes. With our
access to the platform code for SAP S/4HANA and our deep retail
delivery capabilities, we are well-positioned to help retailers
drive the most business value from SAP solutions and meet the
unique needs of their industry now and in the future.”
In addition to building out core components, Accenture is
working with SAP to create proprietary product extensions. With the
help of Accenture, the next-generation fashion management solution
from SAP will offer a truly vertical solution via end-to-end
scenario integration across the extended retail supply chain. SAP
S/4HANA enables game-changing new processes such as multichannel
material requirements planning and order allocation with the
ability to simulate scenarios that allow fashion organizations to
effectively and efficiently run their businesses.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With more than 375,000
people serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives. Visit us
at www.accenture.com.
About SAP
As market leader in enterprise application software, SAP (NYSE:
SAP) 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 approximately 320,000 business and public sector customers
to operate profitably, adapt continuously, and grow sustainably.
For more information, visit www.sap.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160912005956/en/
AccentureJulie Bennink,
+1-312-693-7301julie.l.bennink@accenture.comorAccentureAleks
Vujanic, +44-7500-974-814aleks.vujanic@accenture.comorSAPJason
Loesche, +1-484-437-0015j.loesche@sap.comorSAPStacy Ries,
+1-484-619-0411stacy.ries@sap.com
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