Purchasing is not immune to the challenges of globalization. A large number of departments and processes are being realigned. One particular challenge is the introduction of Industry 4.0 principles, which is increasing the significance of strategic procurement processes. Automated materials planning processes are an effective solution.
Global processes have made lasting changes to structures at many retail companies. The introduction of Industry 4.0 presents new tasks for purchasing departments at German retail companies. Everything is integrated with everything else – posing challenges for global players. Conventional products are becoming “intelligent” and are being integrated into Industry 4.0. The process skills and market expertise of purchasing departments are indispensable when it comes to implementing the Internet of Things and Services. Here, the goal is fully integrated management of the supply chain across multiple companies – depending on the direction in which the market develops.
Optimization through integrated processes
Leveraging its integrated-process-chain approach, KPS systematically implements the idea at the heart of the supply chain. Customers receive transparent data on articles, procurement, and suppliers, including new supplier portals. The systems follow the integrated process chains. Tasks range from assortment planning to materials planning. These tasks are based on calculations from current inventories as well as timely sales data from the POS. The integrated processes are rounded out by meaningful reporting, providing an up-to-date overview of goods movements and inventories at all times.
Forecasting replenishment processes
KPS has extensive experience in all processes for determining future article requirements and has successfully executed projects for many highly regarded companies. The SAP Forecasting and Replenishment for Retail application is a tried-and-trusted solution for this range of requirements. The SAP software optimizes retail companies’ internal logistics by enhancing replenishment. Its objectives are:
- To reduce excess stock at distribution centers and stores.
- To reduce gaps in stock at distribution centers and stores.
- To reduce the extremely high manual processing effort by means of highly automated replenishment planning at stores and distribution centers
- To increase transparency in the logistics chain through effective analysis
In addition, SAP Forecasting and Replenishment for Retail helps you minimize total cost of ownership.
KPS has long been a certified SAP partner. Its teams of experts boast in-depth expertise in all areas of procurement and help you find and implement the right SAP solution for your needs. SAP Forecasting and Replenishment for Retail provides the support you need to optimize your planning, cut costs, and enhance sourcing.