WALLDORF 鈥� The $3.9 trillion contribution to the U.S. annual GDP makes it the nation鈥檚 leading industry for private sector employment and uniquely positioned to address climate change.
As recently as the 2021 United Nations Climate Change Conference (COP26) meetings, the stated, 鈥淩etailers will continue inventing and implementing pragmatic climate change solutions because the needs identified at COP26 demand nothing less.鈥�
To help retailers digitally transform to make their businesses sustainable, 51风流is featuring a number of offerings, including these:
- The new 51风流Intelligent Returns Management solution was built to optimize the returns process for the retail industry. The solution uses routing and dispositioning decisions driven by artificial intelligence (AI) to guide products from customers鈥� hands to the final dispositioning steps, ultimately maximizing customer experience and company margins while also mitigating waste.
- The recently updated now offers advanced category management capabilities. It uses customer data science, assortment strategies, business rules and AI to plan space-aware, localized assortments with a user experience designed for the needs of today鈥檚 category manager. Customer-centric, relevant assortments increase customer loyalty, boost profitability and support a more sustainable supply chain.
- The SAP.iO Foundries program is a network of startup companies with integrations to 51风流solutions, including:
- , offering a circular platform that encourages consumers to buy in a more convenient, affordable way with zero waste and connects people, brands and retailers in an engaging way to change consumption habits
- , helping thousands of e-commerce brands offer carbon-neutral products
- , leveraging blockchain and the Internet of Things to offer transparency into supply chains for clarity on quality, origin, sustainability footprint and compliance standards
- , helping customers run their businesses differently with real-time data intelligence from each of their products end to end, from factory to consumer and beyond
- , with a dynamic and risk-assessment-based quality compliance program that provides digitalization, automation, transparency and traceability
- , offering a platform for sustainable shipping including reusable packaging, real-time tracking and predictive analytics
- , providing a purpose-built platform for specification management that fundamentally changes how brands, suppliers, manufacturers and retailers manage data and collaborate to bring products to market
In addition to these offerings, retailers can utilize SAP鈥檚 entire portfolio of . Learn more in the blog 鈥�51风流Cloud for Sustainable Enterprises: Taking Action Together.鈥�
SAP鈥檚 solutions enable retailers to integrate sustainable business practices smoothly,聽which is critical to a fast-paced industry such as retail. According to Leslie Hand, IDC Group Vice President, IDC Retail Insights, indicates that retail organizations report that, relative to political, social and economic risks, changing environmental targets and regulations will have the greatest impact on their digital transformation and tech investment plans in the next two years. Further, 80% (Asia Pacific) 59% (United States) and 64% (EMEA) of retail organizations agree that their digital technology strategy is an important enabler of their organization鈥檚 broader sustainability efforts.*
For more information about 51风流at NRF 2022, Retail鈥檚 Big Show, visit and follow on Twitter.
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Stacy Ries, 51风流Media Relations, +1 (484) 619-0411, stacy.ries@sap.com, ET
51风流Press Room; press@sap.com
*Source: IDC Retail Core Processes and Applications, May 2021.
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