We’ve been discussing the on-going digital revolution and the need for fashion and retail companies to make a fundamental shift in core systems to be able to respond to the demands of modern markets.
Today, we are taking another step towards equipping fashion brands with a powerful digital core in their journey of becoming true digital players.
Introducing Fashion Suite™ – Proven Accelerator for SAP S/4HANA for Fashion and Vertical Business
With the introduction of SAP S/4HANA for fashion and vertical business, SAP broke ground by building a complete vertically integrated real-time solution, which incorporates retail, wholesale and manufacturing operations.
From planning, procurement, and sales through online and offline channels, vertical integration on SAP S/4HANA helps ensure that these processes are fully harmonized, whether the products are sold in a department store or a flagship store.
At Rizing, we were fortunate to be a part of that journey. We worked closely with the SAP teams in running acceptance tests and providing product feedback. The new solution inherited much of its functionality and thinking from SAP Fashion Management, which was a co-innovation initiative between SAP, Rizing and a few select customers.
FMS was built with the notion of unifying wholesale, retail and manufacturing to enable a vertically integrated business model and omnichannel customer experience. S/4HANA fashion is the next evolution of this effort and is built from the ground up natively on the HANA platform. This further simplifies processes and adds new capabilities needed to run in a digital world.
As a result of our focus on the fashion industry, working with over 70 customers, and our close partnership with SAP, we have been able to identify practices that have been proven to work across the industry.
This unique position has enabled us to develop a preconfigured solution with SAP S/4HANA Fashion as the base, offering brands a faster way to migrate to SAP S/4HANA for Fashion.
The Fashion Suite™ is a culmination of our efforts and experience of nearly 15 years in the industry. The objective is to offer brands and retailers a cost-effective solution that delivers all the benefits of SAP S/4HANA for Fashion and Vertical Business via an accelerated path.
Fashion retail demands speed – whether interacting with customers, bringing new products to the market, expanding into new geographies, or driving operational efficiencies.
That means the advantage goes to brands and retailers who are most responsive, agile and accommodating.
Fashion Suite™ provides this advantage, by integrating the channels of a modern fashion business in less time and leveraging this combined view to serve the customer more effectively.
Today, businesses expect quick wins from technology implementations. Waiting around for years for results to materialize is no longer acceptable.
But we strongly believe that businesses need to move away from fragmented solutions and look for results within a broader, enterprise-wide program, focusing on adoption of technology with rapid deployments and highly user friendly design.
Fashion Suite™ brings the best of both worlds; you can start realizing the benefits of S/4HANA in several weeks, and it also provides a solid platform for an evolving, broader transformation program.
A quick snapshot of what’s included out-of-the-box:
- Over 50 preconfigured processes across wholesale and retail operations, covering the majority of a typical fashion company’s requirements around Supply Chain Management, Planning, Procurement, Finance, Optimized Wholesale and Retail distribution with cross inventory consumption, POS interfaces and other processes.
- Add-on tools including a master data accelerator and an intermediate document (iDoc) cockpit.
- SAP Fiori® apps to supplement the business processes and to further enhance the user experience.
The Fashion Suite is a good fit for both small and medium-sized companies (SMEs) as well as large enterprises.
Contact us today to learn more about how the Fashion Suite can benefit your business.