Largest Closeout Retailer in the Nation Selects SAP(R) for Retail Solutions
NEW YORK, Jan. 15 /PRNewswire-FirstCall/ -- SAP America, Inc., a
subsidiary of SAP AG (NYSE: SAP), today announced that Big Lots (NYSE: BIG)
will implement SAP(R) for Retail solutions to enable the leading retailer
to quickly respond to change and grow ahead of the market on a stable
platform. The announcement was made at the National Retail Federation (NRF)
97th Annual Convention and Expo, being held in New York, NY, January 13-16.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)
With more than 1,350 stores and nearly 40,000 associates, Big Lots
selected SAP to create an IT infrastructure that will play a lead role in
helping the company achieve its growth targets and continue to deliver to
its customers a diverse mix of brand-name close-out merchandise at
tremendous value. The move to implement SAP solutions will enable Big Lots
to work from a more integrated platform across its organization.
"SAP came in and quickly developed an understanding of our business and
our unique niche in retail," said Steve Fishman, chairman and CEO, Big
Lots. "We believe that implementing their products will be a big step
forward toward creating an IT infrastructure to support our profit goals
while continuing to provide our customers with what they have come to
expect at Big Lots, which is an ever-changing assortment of merchandise at
great values in a treasure-hunt atmosphere."
To keep true to its identity of providing a diverse mix of quality
brands at close-out prices, Big Lots will leverage SAP for Retail solutions
to improve event pricing and automate integrated ordering, payables,
inventory, replenishment and tracking processes. With the SAP ERP(R)
Financials solution, Big Lots will benefit from streamlined data
integration and reporting. The ability to easily view a single source of
master data across the organization will provide Big Lots executives with
the flexibility to better respond to consumer demand, supplier and other
market changes.
"Our relationship with Big Lots further validates SAP's position as the
software provider of choice to the world's leading retailers," said, Bill
McDermott, president and CEO, SAP Americas and Asia Pacific Japan. "SAP's
integrated retail solutions enable customers to anticipate and capitalize
on market changes in an industry renowned for infinitely changing trends
and expanding supplier complexity. Big Lots is an exciting addition to our
family of leading retailers."
SAP solutions for retailers can be seen at the NRF show, at booth
number 1601.
About Big Lots, Inc.
Headquartered in Columbus, Ohio, Big Lots (NYSE: BIG) is a Fortune 500
company with over 1,350 stores nationwide. Five regional distribution
centers ranging in size from 1 million to 3 million square feet and two
furniture distribution centers provide the company's stores with brand-name
products from more than 3,000 manufacturers. Big Lots offers consumers a
unique shopping experience and wide range of bargain-priced merchandise,
including brand-name closeouts, one-of-a-kind deals, seasonal products,
consumables, furniture, housewares, toys and gifts. For more information,
visit http://www.biglots.com.
About SAP(R) for Retail
SAP is the leading provider of application solutions for the retail
industry. SAP helps retailers of all sizes to understand, anticipate and
inspire their customers, employees and shareholders by delivering results.
The SAP(R) for Retail solution portfolio provides specific solutions for
retail companies in the food, fashion and hardlines businesses. The
solution portfolio consists of building blocks that cover the areas of
merchandising (including demand management - price, promotion and markdown
optimization); store operations (including a portfolio of POS solutions);
supply chain, finance and human resources. SAP allows companies to
implement solutions in a step-by-step approach, and provides an easy,
cost-effective means to connect information across the business.
(Additional information at http://www.sap.com/retail/).
About SAP
SAP is the world's leading provider of business software*. Today, more
than 43,400 customers in more than 120 countries run SAP(R)
applications-from distinct solutions addressing the needs of small
businesses and midsize companies to suite offerings for global
organizations. Powered by the SAP NetWeaver(R) technology platform to drive
innovation and enable business change, SAP software helps enterprises of
all sizes around the world improve customer relationships, enhance partner
collaboration and create efficiencies across their supply chains and
business operations. SAP solution portfolios support the unique business
processes of more than 25 industries, including high tech, retail,
financial services, healthcare and the public sector. With subsidiaries in
more than 50 countries, the company is listed on several exchanges,
including the Frankfurt stock exchange and NYSE under the symbol "SAP."
(Additional information at <http://www.sap.com>)
(*) SAP defines business software as comprising enterprise resource
planning and related applications such as supply chain management,
customer relationship management, product life-cycle management and
supplier relationship management.
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SOURCE SAP AG
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Related links:
http://www.sap.com
http://www.biglots.com/
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CONTACT:
Evan Welsh, +1-610-203-9742,
evan.welsh@sap.com, EST, or SAP Press Office, +49 (6227) 7-46315,
CET, or +1-610-661-3200, EST, press@sap.com, or Andy Kendzie,
+1-202-312-3919, andy.kendzie@sap.com, EST, all of SAP AG; or Jim
Sarlo, +1-312-596-3525, jim.sarlo@bm.com, CET, for SAP AG
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