Retail - Fashion > Seasonality Management > Retail Price and Revenue Management

Business Scenario Retail Price and Revenue Management

Business Scenario

 

Key Performance Indicators

  • Gross Profit to Sales Ratio

    • SAP Products: Business Technology

  • SAP NetWeaver: SAP Business Intelligence

    • SAP Products: mySAP Business Suite

  • mySAP ERP
    •

    Price and Revenue Management allows retailers to stay profitable in highly competitive markets, faced with the challenge of low margins and broad assortment breadth. To better manage product lifecycles, in-season performance of merchandise dictates the pricing strategies needed to best achieve profitable goals, often at the store level.

    Business Goals & Objectives


    Increasing Revenue

    Maximize profitability by product

    Reducing Operating Costs & Increasing Efficiency

    Reduce administration, improve business processes

     

    Processes
    Retail Price Planning and SimulationSAP Component or Feature AvailablePartner Product Available

    Price and Revenue Management reflects the tactical category mix step allowing retailers to grow revenue and margin through initial price set and promotional item prices in order to maintain a price image and to stay profitable in highly competitive markets, and razor thin margins. To better manage product lifecycles, performance of merchandise dictates the pricing strategies needed to best achieve category and financial goals as established in the category planning process and applied against store clusters or single stores.

     

    SAP Component or Feature Available Retail Pricing Analytics
    SAP Component or Feature Available Retail Price Change Budgeting
    SAP Component or Feature Available Retail Price Planning
    SAP Product Available with Future ReleasesPartner Product Available with Future Releases Retail Price Optimization
    SAP Component or Feature Available Retail Price Release

    To fully utilize this functionality, the following products should be evaluated

  • mySAP ERP
  • SAP NetWeaver: SAP Business Intelligence

    		•
     
    Retail PricingSAP Component or Feature Available This process contains various functions for managing sales prices within the framework of your company's supply chain. This includes maintaining sales prices in the sales price calculation function.

     

    SAP Component or Feature Available Retail Price Management
    SAP Component or Feature Available Retail Price Calculation
    SAP Component or Feature Available Retail Price Reporting

    To fully utilize this functionality, the following products should be evaluated

  • mySAP ERP
  • SAP NetWeaver: SAP Business Intelligence

    		•
     
    SAP Product Available Partner Product Available SAP Product Available with Future Releases Partner Product Available with Future Releases Future Focus
    Please note that the Solution Map, containing proprietary information of SAP AG, reflects SAP's current development intentions, which are subject to change. Future focus coverage may be provided by SAP or SAP partners. Check for local availability of all SAP and SAP partner solutions. ©SAP AG 2004, 2005