Case study : Polaris Retail - Retail solution par excellence

Polaris Retail Infotech Ltd. (PRIL) has been serving retailers with its expertise in IT solutions more than a decade. A significant solution from PRIL is Intellect Commerce Suite which is comprised of  i-Retail - a set of end to end retail management solutions that support demand management, merchandise management and planning, store operations and base finance functions; i-F&B - a new age application that gives the power to delight customers, while retaining tight control over restaurant operations; and i-Emprize - an enterprise application suite comprising of SAP IS Retail, AFS, SAP Real Estate and IRBS (Integrated Retail Business Solution). Polaris Retail through its SAP Centre of Excellence renders world class consulting, implementation, support and maintenance services.

While Polaris Retail had established itself in India, Middle East and Africa, it targets Australia, Singapore, Thailand and Vietnam to set its footprints in the year 2010. The company grew by more than 100 per cent in the last financial year.

 Case Study

A leading fashion wear manufacturer and retailer in India, operating with more than 100 stores across the country, was on the lookout for a comprehensive new-age end-to-end solution for its retail operations.

Solution provided

First of its kind solution was implemented where SAP AFS & IS Retail solution had been implemented at one location with seamless integration to offer single point financial reporting system. An end to end solution was provided by Polaris Retail with i-Retail as Store Management solution and SAP in back office. Seamless integration between SAP and i-Retail was done through Polaris Retail’s Integration Framework ‘XF’. XF is certified by SAP and Powered by Net Weaver’

 Benefits

The benefits derived from this implementation are effective decision making - integrated environment for timely and smooth flow of information; effective Master Data Management - production inventory master reduced by 24 times because of SAP AFS Grid functionality; easier raw material procurement cycle; reduced inventory holding period; time bound delivery; effective supply chain management; transparency in production because of integrated environment; and visibility of brand/segment-wise profitability details.

 

“Food & grocery, apparel & fashion accessories, CD&IT, Rural retail are some of the fastest growing micro verticals and estimated to contribute a major revenue share to the retail segment for the year 2010. Retailers’ need of the hour is to have efficient business practices and robust applications to leverage on this major shift. Essentially, for retailers to become fundamentally strong, they need to have process disciplines, effective supply chain management systems and supply chain execution systems. Also, there needs to be a strong emphasis on procurement automation, contract automation and spend analysis.”

Mohit Oberoi, Executive Director & CEO, Polaris Retail Infotech Limited & Partner – Polaris Software Labs Ltd.

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