|By Business Wire||
|September 1, 2014 02:33 AM EDT||
Bharti Retail Limited has selected Accenture (NYSE:ACN) to implement SAP® solutions to enable the retailer to more efficiently plan, monitor and track the flow of merchandise and information throughout its supply chain. Bharti Retail currently operates 212 neighbourhood stores and compact hypermarket formats across 11 Indian states.
By rolling out the SAP ERP application and data management software, along with solutions for merchandising, forecasting, promotion management and fulfillment, Bharti Retail will be able to better react to shifting retail trends and better serve its customer base across all touch points.
Under the contract, Accenture will also implement advanced analytics, planning and financial solutions from SAP, designed to improve the speed of reporting across the organization. This will provide Bharti Retail with actionable business insights and lay a foundation for better decisions for operational and business planning.
“The retail industry today is facing challenges of poor consumer sentiments, supply chain inefficiencies and rising costs,” said Raj Jain, MD & CEO, Bharti Retail Limited. “We believe that Accenture’s systems integration capabilities and deep retail industry knowledge, combined with its unrivalled understanding and experience in implementing SAP solutions, will help us simplify and strengthen the efficiency of our business operations and support our efforts to rapidly scale up our business.”
Avinash Vashistha, chairman and managing director for Accenture India, said, “Retailers need to create better business insights and become more dynamic and agile in order to compete as a high-performance organization. Using advanced analytics and implementing a central planning platform will provide Bharti Retail the insights, flexibility and transparency it needs in its IT operations and supply chain, thereby helping the company to streamline its operations expenditure and improve its profitability.”
About Bharti Retail Limited
Bharti Retail Limited, a wholly owned company of Bharti Group, one of India’s leading business groups, owns and operates neighbourhood supermarket stores called Easyday and Compact Hypermarket stores called Easyday Market, which bring together a wide range of relevant goods, high-quality products and great in-store experience and service – all under one roof. Easyday supermarkets cater to every family’s day-to-day food and grocery needs. Easyday Market stores range up to 55,000 sq. ft and feature a wide assortment of goods including apparel, home furnishings, Appliances and other electronic products, stationery, household articles as well as daily-need Fresh (meat & poultry and fresh produce), groceries, staples, processed foods, bakery & dairy products.
Accenture is a global management consulting, technology services and outsourcing company, with more than 293,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page is www.accenture.com.
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