SAP Canada Inc., a subsidiary of SAP AG (NYSE: SAP), today provided more details about its licensing arrangement with Loblaw Companies Limited (Loblaw), which announced in early October that SAP had been selected to provide software for the renewal and enhancement of its information systems and processes.
Loblaw, Canada's largest food distributor and a leading provider of drugstore, general merchandise products, and financial products and services, will leverage the SAP NetWeaver(R) technology platform. The company will also implement functionality from the SAP(R) ERP application for enterprise resource planning and the SAP(R) for Retail solutions to replace its legacy applications.
"We chose SAP because its solutions are industry-proven, require minimal customization and can offer true end-to-end integrated capabilities," said Catherine Booth, senior vice president, information technology, Loblaw Companies Limited. "This in turn will not only help us mitigate risk, but through the use of these solutions, will allow us to be more efficient in our processes."
Using a phased and structured rollout, Loblaw will leverage SAP to drive improvements in the company's order management, perpetual inventory, pricing management, financials, human resources and master data management.
"Today's market dynamics have created an environment where companies of all sizes are required to improve their business processes, bring products to market faster and more efficiently, optimize their inventory and enhance their competitive position," said Mark Aboud, president and managing director, SAP Canada. "By aligning its business strategy with the right IT investment, Loblaw can build a foundation to drive its growth strategy and continue to deliver quality products to its customers for many years to come."
"Highly competitive industry vertical markets, such as the retail sector, are looking for IT solutions that are open and robust, technologically advanced and most importantly, have a predictable road map for future IT investments," said Aboud. "That's where SAP comes in and is the reason why leading companies continue to choose SAP to power their businesses."
Loblaw joins more than 6,200 retailers worldwide that use SAP solutions to increase productivity, better manage and respond to customers' needs and enhance overall business results.
About Loblaw Companies Limited
Loblaw Companies Limited (TSX: L) is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is also one of the largest private sector employers in Canada, with over 140,000 full-time and part-time employees executing its business strategy in more than 1,000 corporate and franchised stores from coast to coast. Loblaw is a subsidiary of George Weston Limited (TSX: WN).
Loblaw, Canada's largest food distributor and a leading provider of drugstore, general merchandise products, and financial products and services, will leverage the SAP NetWeaver(R) technology platform. The company will also implement functionality from the SAP(R) ERP application for enterprise resource planning and the SAP(R) for Retail solutions to replace its legacy applications.
"We chose SAP because its solutions are industry-proven, require minimal customization and can offer true end-to-end integrated capabilities," said Catherine Booth, senior vice president, information technology, Loblaw Companies Limited. "This in turn will not only help us mitigate risk, but through the use of these solutions, will allow us to be more efficient in our processes."
Using a phased and structured rollout, Loblaw will leverage SAP to drive improvements in the company's order management, perpetual inventory, pricing management, financials, human resources and master data management.
"Today's market dynamics have created an environment where companies of all sizes are required to improve their business processes, bring products to market faster and more efficiently, optimize their inventory and enhance their competitive position," said Mark Aboud, president and managing director, SAP Canada. "By aligning its business strategy with the right IT investment, Loblaw can build a foundation to drive its growth strategy and continue to deliver quality products to its customers for many years to come."
"Highly competitive industry vertical markets, such as the retail sector, are looking for IT solutions that are open and robust, technologically advanced and most importantly, have a predictable road map for future IT investments," said Aboud. "That's where SAP comes in and is the reason why leading companies continue to choose SAP to power their businesses."
Loblaw joins more than 6,200 retailers worldwide that use SAP solutions to increase productivity, better manage and respond to customers' needs and enhance overall business results.
About Loblaw Companies Limited
Loblaw Companies Limited (TSX: L) is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is also one of the largest private sector employers in Canada, with over 140,000 full-time and part-time employees executing its business strategy in more than 1,000 corporate and franchised stores from coast to coast. Loblaw is a subsidiary of George Weston Limited (TSX: WN).
