In the current retail market – where most retailers face continuous pressure to maintain competitive prices and simultaneously maximize profitability – dynamically managing costs and retail pricing is becoming a key competitive differentiator. But making real-time decisions to improve margins isn't easy.

Many retailers lack insight into true store profitability because data is often trapped within a proverbial "black box" of costs that are automatically allocated back to each store. Without timely, accurate data to differentiate specific store performance, it becomes increasingly difficult to forecast, plan, and execute at the store level – and to identify the best opportunities for improving store performance.

With flexible SAP BusinessObjects solutions designed for the retail market, you can gain visibility and control over the primary levers of profitability – the key to driving store performance. Powerful analytics and reporting tools can empower you to proactively identify problems, isolate root causes, test what-if scenarios, make timely decisions with confidence, and operationalize plans down to the store level.

SAP BusinessObjects solutions can help you drive store profitability with comprehensive functionality for:

• Performance monitoring – Use dashboards to monitor performance and key performance indicators in real time.
• Profit and cost analysis – Leverage activity-based costing (ABC) analysis to uncover costs at the process and activity levels, so you can determine true net profit.
• What-if analysis – Test different scenarios to determine the best course of action.
• Execution of plans – Update forecasts, budgets, and plans at the store level. Plus, roll up plans to update corporate dashboards and targets. And monitor execution on impact and profitability

The bottom line? You can capitalize on opportunities to lower costs, proactively manage labor costs, increase store efficiency – and maximize profitability.

Want to Learn More?

"Maximizing Store Profitability" (PDF)