EANS-News: SAF AG / Future Retail Center: SAF and SAP Research are developing
innovative solution scenarios for retail stores
Geschrieben am 28-02-2011 |   
 
 SAF and SAP AG will present a jointly developed prototype for  
intraday monitoring of fresh product sales at the CeBIT Exhibition 
 
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  Corporate news transmitted by euro adhoc. The issuer/originator is solely 
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Company Information 
 
Subtitle: SAF and SAP AG will present a jointly developed prototype  
for intraday monitoring of fresh product sales at the CeBIT  
Exhibition 
 
Tägerwilen (euro adhoc) - Tägerwilen/Switzerland, February 28, 2011  
SAF AG, which is listed in the Prime Standard of the Frankfurt Stock  
Exchange (ISIN CH0024848738), and is one of the world´s leading  
suppliers of automated forecasting and ordering software for  
retailers, is working together with SAP AG in the field of Research & 
Innovation. In cooperation with SAP Research, SAP's global research  
organization, SAF is developing practical and innovative solutions  
for the retail business in the Future Retail Center in Regensdorf,  
near Zürich. This work is focused on developing a prototype for  
monitoring the sensitive sales of fresh products. 
 
Fresh products are a hallmark of quality that consumers carefully  
scrutinize. That's why retailers pay particular attention to product  
availability and to an attractive product offering in this  
assortment. 
 
This represents major challenges for retailers. Fresh products are  
characterized by their short shelf life and the associated risk of  
spoilage. That's why it is crucial that retailers avoid excess stocks 
that directly lead to losses due to impending product spoilage. 
 
Intraday monitoring of fresh product sales is of key importance due  
to their perishability and short shelf life. SAF and SAP Research are 
working together on a prototype in the Future Retail Center to enable 
retailers to better deal with the challenges of fresh product  
assortments in future. 
 
Utilizing an automated forecasting and ordering system, the prototype 
compares actual sales realized during the course of the day at  
product level with a continuously updated forecast and identifies  
significant deviations. The system alerts the retailer via an alarm  
function to items that will be overstocked or out of stock at the end 
of the day. "Using the intraday monitoring function, the order writer 
in the store can directly react to imminent excess stocks or lost  
sales in the fresh product assortment with suitable measures such as  
advertising, pricing adjustments or revision of existing orders,"  
explains Udo Meyzis, CEO of SAF, the advantages of this joint  
solution approach. "With this approach, we can optimally support the  
retailer´s ordering process to meet customer demand and, at the same  
time, to ensure the high quality as well as an attractive selection  
of fresh products." 
 
SAP Research will present this prototype together with SAF at the  
CeBIT Exhibition from March 1-5, 2011 in Hanover at Booth D04 in Hall 
4. 
 
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ 
+++++++++++ 
 
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 2009, according to IFRS statements, were EUR 16.6 million 
with consolidated profit of EUR 0.7 million which were affected by  
one-time costs of EUR 2.8 million due to the takeover by SAP. SAP  
currently holds approx. 70 percent of SAF´s shares. 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., Irving 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 2009. SAF does not plan to update the  
forward looking statements, nor does it assume the obligation to do  
so. 
 
end of announcement                               euro adhoc 
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ots Originaltext: SAF AG 
Im Internet recherchierbar: http://www.presseportal.de 
 
Further inquiry note: 
 
Mareike Poit 
Marketig & Corporate Communications Specialist 
Tel.: +41 (0)71 666 7955 
E-Mail: mareike.poit@saf-ag.com 
 
Branche: Software 
ISIN:    CH0024848738 
WKN:     A0JD78 
Index:   Prime All Share, Technology All Share 
Börsen:  Frankfurt / regulated dealing/prime standard 
         Berlin / free trade 
         Stuttgart / free trade 
         Düsseldorf / free trade 
         München / free trade
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