(Registrieren)

Retail Chain IKI Replenishes with SAF Software

Geschrieben am 02-07-2008

Investment in sophisticated forecasting and replenishment software to
serve customers in the best possible way


--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------


companies/SAF - New customer direct sales

Tägerwilen (euro adhoc) - - SAF systems tap significant sales and
profit potentials - Precise knowledge of retail processes persuaded
customer - Automated replenishment for stores and warehouses

Tägerwilen/Switzerland, July 1, 2008. The SAF AG, which is listed in
the Prime Standard of the Frankfurt Stock Exchange (ISIN
CH0024848738), and is one of the worldwide leading suppliers of
automated forecasting and ordering systems for retailers, has signed
a license agreement with Retail Chain IKI, which is one of the
leading grocers in the Baltic countries.

The grocer focuses on the optimization of its profitability and the
increase of customer´s satisfaction. Therefore it was decided to
install SAF SuperStore and SAF SuperWarehouse to convert from manual
to automated replenishment. The systems will optimize the
replenishment process, reduce costs and increase profit both in the
more than 220 stores and in the two warehouses in the Baltic
countries. The SAF forecasting and ordering systems are able to
forecast with great accuracy the future demand. In doing so, it
considers seasonal influences, holidays, advertising promotions,
school vacations and other effects which might influence the sales.
The SAF systems produce on basis of these forecasts optimized orders
with a high degree of automation.

The grocer - which belongs to a European Alliance of Independent
Trading Companies (Coopernic) - has ambitious growth targets. Today
Retail Chain IKI (www.iki.eu) is the second largest retail chain in
Lithuania by turnover, and one of the ten largest companies in the
Baltic States. It has been engaged in commercial business for 15
years. Retail Chain IKI operates more than 220 stores in Lithuania
and Latvia and is currently one of the largest employers in the
Baltic countries - at present employing over 9,000 people. Retail
Chain IKI is managing three retail chains (supermarkets, convenient
and discount stores) which reached a turnover of LTL 1.7 billion in
2006, LTL 2.2 billion in 2007 and is planning to achieve a turnover
of LTL 2.8 billion in 2008. Its expansion in the Baltic countries
will be supported by SAF technology.

Increasing Profit and Decreasing Costs due to High Automation,
Significant Reduction of Out of Stocks and Less Inventory

The project will start immediately with the parallel implementation
of SAF´s core products for store and warehouse replenishment - SAF
SuperStore and SAF SuperWarehouse. "IKI is convinced of our deep
knowledge and understanding of retailer´s ordering processes and by
the references confirming the fast ROI of SAF´s products" reports Dr.
Andreas von Beringe, CEO of SAF. "The automation of the inventory
replenishment represents a clear competitive advantage and helps to
improve their margins. It significantly cuts warehouse inventory,
reduces the out of stock rate and increases product turnover," adds
von Beringe. The signed agreement will contribute to SAF sales from
direct business in 2008 by 2010 and confirms the expansion of SAF´s
direct business in Eastern Europe.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
++++++++++

About SAF AG SAF Simulation, Analysis and Forecasting AG specializes
in the development of automated ordering and forecasting software for
retailers and industrial manufacturers. SAF deploys the demand chain
management approach, which controls replenishment planning based on
consumer demand patterns. SAF software assists users to realize
substantial cost savings and optimizes general logistics conditions
through its simulation capabilities. As a result, significant
competitive advantages are achieved along the entire value chain:
lower inventories, improved product availability, and last, but not
least, a higher level of customer satisfaction.

SAF AG was established in 1996 by Dr. Andreas von Beringe and Prof.
Dr. Gerhard Arminger. SAF shares are listed at the official market
(Prime Standard) at the Frankfurt Stock Exchange (FWB). Today, the
company employs approx 100 people. Consolidated sales revenues for
fiscal year 2007, were approx. 13.2 million EUR with consolidated
profit of 3.0 million EUR according to IFRS statements. SAF´s
products are distributed in many European countries as well as in the
United States. The company is headquartered in Tägerwilen,
Switzerland. SAF also has a subsidiary in the United States: SAF
Simulation, Analysis and Forecasting U.S.A., Inc., Grapevine, Texas
and in Slovakia, Bratislava: SAF Simulation, Analysis and Forecasting
Slovakia s.r.o. with the focus on Nearshore-Development.

Forward Looking Statements and Estimates This information contains
forward looking statements based on assumptions and estimates of
SAF's Management Board. Although we assume the expectations in these
forward looking statements are realistic, we cannot guarantee they
will prove to be correct. The assumptions may harbor risks and
uncertainties that may cause the actual figures to differ
considerably from the forward looking statements. Factors that may
cause such discrepancies include, among other things, risks that are
mentioned in the annual report 2007. SAF does not plan to update the
forward looking statements, nor does it assume the obligation to do
so.


end of announcement euro adhoc
--------------------------------------------------------------------------------


ots Originaltext: SAF AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Astrid Strömer

+41 (0)71 666 79 48

astrid.stroemer@saf-ag.com

Branche: Software
ISIN: CH0024848738
WKN: A0JD78
Index: Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade


Kontaktinformationen:

Leider liegen uns zu diesem Artikel keine separaten Kontaktinformationen gespeichert vor.
Am Ende der Pressemitteilung finden Sie meist die Kontaktdaten des Verfassers.

Neu! Bewerten Sie unsere Artikel in der rechten Navigationsleiste und finden
Sie außerdem den meist aufgerufenen Artikel in dieser Rubrik.

Sie suche nach weiteren Pressenachrichten?
Mehr zu diesem Thema finden Sie auf folgender Übersichtsseite. Desweiteren finden Sie dort auch Nachrichten aus anderen Genres.

http://www.bankkaufmann.com/topics.html

Weitere Informationen erhalten Sie per E-Mail unter der Adresse: info@bankkaufmann.com.

@-symbol Internet Media UG (haftungsbeschränkt)
Schulstr. 18
D-91245 Simmelsdorf

E-Mail: media(at)at-symbol.de

146088

weitere Artikel:
  • Retail Chain IKI disponiert mit SAF-Software Bestmögliche Kundenzufriedenheit durch Investition in hochentwickelte Prognose- und Bestellsoftware -------------------------------------------------------------------------------- ots.CorporateNews übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt der Mitteilung ist das Unternehmen verantwortlich. -------------------------------------------------------------------------------- Unternehmen/SAF- Neukunde Direktgeschäft Tägerwilen (euro adhoc) - - SAF Systeme erschließen hohes Umsatz- und Ertragspotenzial mehr...

  • ERS: Heidelberger Druckmaschinen AG / Jahresbericht 2007 Heidelberger Druckmaschinen AG / Jahresbericht 2007 / ERS-Dokument übermittelt von news aktuell an das Exchange Reporting System (ERS) der FWB/Deutsche Börse AG gemäß §§ 47 ff Börsenordnung. Folgende PDF-Dokumente liegen vor: - Jahresbericht deutsch -------------------------------------------------------------------------------- mehr...

  • euro adhoc: DZ BANK AG / Sonstige Kapitalmarkinformation gemäß § 30e WpHG -------------------------------------------------------------------------------- Sonstige Kapitalmarktinformationen gemäß § 30 e WpHG übermittelt durch euro adhoc mit dem Ziel einer europaweiten Verbreitung. Für den Inhalt ist der Emittent verantwortlich. -------------------------------------------------------------------------------- 02.07.2008 Anleihe: EUR 15.000.000 Inhaber-Teilschuldverschreibungen Multi -Callable von 2008/2018; ISIN: DE000DZ1G9E; Emission: 4926; Valuta: 02.07.2008 Anleihe: EUR 25.000.000 FRN Inhaber-Teilschuldverschreibungen mehr...

  • Unbekannte Chance: Forward-Darlehen / Immobilienbesitzern ist Möglichkeit zur Sicherung des Zinssatzes nicht bewusst / Zeitpunkt ist ideal, um jetzt Anschlussfinanzierung zu fixieren München (ots) - 75 Prozent der Haus- und Wohnungseigentümer in Deutschland wissen nicht, was sich hinter dem Begriff "Forward-Darlehen" verbirgt. Zu diesem Ergebnis kommen die Marktforscher von infas TTR in ihrer aktuellen Studie zum Kenntnisstand von Immobilienbesitzern rund um das Thema Anschlussfinanzierung. "In Zeiten steigender Zinsen kann diese Unkenntnis Immobilienbesitzern teuer zu stehen kommen", erklärt Robert Haselsteiner, Gründer und Vorstand der Interhyp AG und ergänzt: "Dabei bietet die aktuell inverse Zinsstrukturkurve mehr...

  • KfW verbessert Finanzierungsangebot für kleine und mittlere Unternehmen Frankfurt (ots) - Stärkung der Förderung für den kleineren Mittelstand Umfangreiches Maßnahmenpaket seit Anfang Juli wirksam Weiterentwicklung berücksichtigt aktuelle Änderungen im EU-Beihilferecht Die KfW Mittelstandsbank entwickelt im Rahmen ihrer "Initiative Kleiner Mittelstand" ihre Mittelstandsförderung weiter. Seit Anfang Juli werden kleinen und mittleren Unternehmen (KMU) besonders günstige Konditionen in vielen ihrer Kredit- und Mezzanine-Programme angeboten, denn je kleiner die Unternehmen sind, desto größer sind mehr...

Mehr zu dem Thema Finanzen

Der meistgelesene Artikel zu dem Thema:

Century Casinos wurde in Russell 2000 Index aufgenommen

durchschnittliche Punktzahl: 0
Stimmen: 0

Bitte nehmen Sie sich einen Augenblick Zeit, diesen Artikel zu bewerten:

Exzellent
Sehr gut
gut
normal
schlecht