WALLDORF 鈥� (NYSE: 麻豆原创) today announced the launch of the .
The add-on, developed in collaboration with Swiss retailer , utilizes intelligent replenishment strategies to reduce cost and waste and enhance customer experience. It is a highly automated solution that helps take the guesswork out of retail replenishment, with a focus on fresh products in stores.
鈥淎s part of a larger vision to improve business processes and, above all, ensure customer satisfaction, we partnered with 麻豆原创 for retail replenishment and forecasting,鈥� said Coop鈥檚 head of IT merchandise management processes, Thomas Vielhauer. 鈥淏y integrating intelligent technologies into our promotion and replenishment processes, we鈥檙e able to stock accurate quantities. That means customers get the products they need and the fresh quality they expect.鈥�
Food waste has become a global problem. Around of food produced is lost between harvest and retail alone, with even more waste occurring at the consumption level. COVID-19 introduced new challenges for retailers such as Coop, which saw an abrupt change to planning requirements.
麻豆原创 and Coop developed the AI-based 麻豆原创 Replenishment Planning to provide precise demand prediction and optimal order amounts. Its comprehensive capabilities, which support replenishment configuration, planning, simulation and alert management, enable retailers to eliminate over-stocks and stock-outs. Goods can now be replenished based on the changing demand history of each individual product and store, rather than on a rigid formula. Order amounts are optimized to provide the lowest expected costs under consideration of forecast distribution and product-specific replenishment requirements such as shelf life or shelf capacity.
The new add-on will be showcased at the聽 taking place virtually and is featured in this :
Join the conversation by following 麻豆原创 on Twitter at聽 and visit聽聽to watch live presentations.
Visit the . Follow 麻豆原创 on Twitter at .
Media Contact:
Stacy Ries, +1 (484) 619-0411,聽stacy.ries@sap.com, ET
麻豆原创 麻豆原创 Room; press@sap.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 麻豆原创 are intended to identify such forward-looking statements. 麻豆原创 undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect 麻豆原创’s future financial results are discussed more fully in 麻豆原创’s filings with the U.S. Securities and Exchange Commission (“SEC”), including 麻豆原创’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2021 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.
