GroupSoft, an IT company that enables retailers to dramatically improve on-shelf availability, reduce inventory, and optimize the supply chain, signed off its strategic partnership with SAP in providing Retail Solutions to the Indian retailers. The combination of SAP's leadership in business application development and GroupSoft’s domain expertise will provide retailers with the comprehensive retail functionality necessary to optimize inventory and produce a rapid return on investment. This alliance is part of SAP's strategy to offer world-class supply chain solutions for the retail industry. 

Powered by knowledge and technology of the Retail Domain, GroupSoft provides retailers with the industries smartest and most powerful Retail Solutions. Designed to avoid cost-intensive additional inventories, enable heightening customer loyalty, and eliminate lost sales, the solution endeavours to address all the critical issues faced by today’s retailers.  

SAP Retail is an enterprise wide solution suitable for retailer with any mix of company owned stores, franchises, concessions, home shopping and own manufacturing. GroupSoft expertise in implementing this multi-channel international solution and comprehensively integrating retail planning, replenishment, supply chain logistics, warehouse management, and store operations within its Retail Roadmap, has provided many retailers with the competitive edge over their rivals. 

“We believe retail (industry) focused partners like Groupsoft would help our customers derive maximum benefits from SAP’s Retail solution offering”, says Ankur Saigal, Business Development Manager – Retail, SAP India. 

"GroupSoft has developed its retail solution by working closely with leading retailers, creating a precision analysis mechanism to optimize retail supply chain planning," said Mr. Amitabh Nema, Founder and Principal Consultant of GroupSoft. "By way of aligning with SAP, we now have the opportunity to reach additional retailers and retail verticals and accelerate the global awareness of GroupSoft." 

GroupSoft is also one of India’s leading SAP Triversity Solution providers. Together with SAP, we have helped retailers integrated the SAP Triversity Solution Suite into their retail ecosystem. The end-to-end solution capability of SAP has been complemented by Triversity and now SAP can connect data from initial consumer interactions at the point of sale, through the retail supply chain, to the enterprise back office. SAP Triversity's highly flexible applications complement SAP's portfolio of retail software, tightly integrated through the SAP NetWeaver platform. 

Additionally, SAP for Retail POS Data Management enables a retailer to collect all the available POS data and use it conveniently in all back office systems, including non-SAP applications. GroupSoft’s POS DM Solution helps retailers access the Cash Register information. This information provides valuable insight into customer buying patterns and inventory carrying costs, both details critical for competitive advantage in today’s retail industry. 

GroupSoft’s expertise in Merchandise and Assortment Planning extends beyond the four key areas – strategic, location, merchandise, and assortment planning – to link to markdown planning, shelf optimization, style management, purchasing, and allocation capabilities. 

With SAP MAP, GroupSoft brings a fully integrated retail planning solution to its customers with real-time performance metrics and powerful planning and simulation capabilities. SAP MAP has the ability to not just to plan but also to execute. Assortments based on local customer preferences are easy to build and analyze, and our customers can profitably balance their most controllable investment – your merchandise inventory. The result is that finance, merchandising, store operations, and your trading partners are all planning and executing according to common objectives. 

Another new area where GroupSoft and SAP will be working together is to bring the SAP Forecasting and Replenishment solution to its customers. SAP F & R helps cut - surplus stock in distribution centers and stores, Reduce stock outs in distribution centers and stores lessen the large amount of manual work that is currently required by implementing highly automated replenishment planning in stores and distribution centers and increase transparency in the supply chain through effective analysis.