Analyzing the Retail industry

In retail industries, the most important direct spend covers private labels and own brand retailers – from increasing margins with differentiation to dealing with competitors.

Some of their unique needs are:

• Sourcing for private label products and fresh produce
• Efficient collaboration with suppliers on product characteristics
• Strong focus on compliance related to regulatory and environmental requirements

The retail industry is currently dealing with three major challenges:

• Increased competition requires new business models (e.g., private label)
• Consumer demand has shifted toward sustainable and ethically-produced goods
• Consumer tastes have shifted toward goods that are fresh and personalized

With SAP Ariba Direct Spend you could:

• Highly automate the source-to-contract process for private label product by integration with SAP ERP IS-Retail, SAP S/4HANA retail, and any PIM system
• Bring products faster to market
• Mitigate supply chain risk with integrated supplier management