NEW DELHI:  GroupSoft, an IT company providing retail solutions, has partnered with SAP to provide retail solutions to the India retailers. The combination of SAP's leadership in business application development and GroupSoft's domain expertise will provide retailers with the comprehensive retail functionality necessary to optimize inventory and produce a rapid return on investment. This alliance is part of SAP's strategy to offer world-class supply chain solutions for the retail industry.

The solution is designed to avoid cost-intensive additional inventories, enable heightening customer loyalty, and eliminate lost sales, the solution endeavours to address all the critical issues faced by today's retailers.

SAP Retail is an enterprise-wide solution suitable for retailer with any mix of company owned stores, franchises, concessions, home shopping and own manufacturing. GroupSoft expertise in implementing this multi-channel international solution and comprehensively integrating retail planning, replenishment, supply chain logistics, warehouse management, and store operations within its retail roadmap, has provided many retailers with the competitive edge over their rivals.

"GroupSoft has developed its retail solution by working closely with leading retailers, creating a precision analysis mechanism to optimize retail supply chain planning," said Amitabh Nema, founder and principal consultant of GroupSoft. "By way of aligning with SAP, we now have the opportunity to reach additional retailers and retail verticals and accelerate the global awareness of GroupSoft."

With SAP MAP, GroupSoft brings a fully integrated retail planning solution to its customers with real-time performance metrics and powerful planning and simulation capabilities. SAP MAP has the ability to not just to plan but also to execute. Assortments based on local customer preferences are easy to build and analyze, and our customers can profitably balance their most controllable investment - your merchandise inventory. The result is that finance, merchandising, store operations, and your trading partners are all planning and executing according to common objectives.