Create new revenue streams and embrace a sustainable & circular-economy business
2021- SAP Innovation award winner solution enables seamless, real time and consistent experience to Fashion Manufacturers/Retailers to perform Reserve to Rent activities addressing challenges of Quality inspection of the high fashion products, monitoring carbon footprint and improving sustainability
Overview
Improve Sustainability
Improve the sustainability index and reduce carbon footprint with end to end monitoring of the product using Wipro's carbon calculator. The carbon calculator factors carbon intensity across all the activities and arrives at the carbon footprint reduction factor and emailed to customer at the end.
New Revenue model
Create a new revenue stream and add value to circular economy by renting the high end fashionable products. It also protects the customers & consumers with Insurance.
Monitor process KPI
Measure core KPI's like Carbon Footprint , Profit Margin, Revenue etc. Rental sales can be mapped as a distribution channel and hence allowing key metrics which can be measured using Standard Fiori analytical apps. This would allow product Manager to review the health of this new revenue model.
Details
Solution type
APIs and Technical Components
Industry
Cross-Industry, Retail, Consumer Products
Compatibility
Works with
Features
Visibility of Product Rentals
New Reserve to Return, end to end rental business model for high fashion apparel. Product manager would get a complete view of the fashion product rental cycle from reserve, Issue to customer. Return to customer and Refurbishment of the product along with the quality issues, Penalty amount charged.
End to End Integration
Seamless integration between SAP Commerce Cloud, BTP and S/4 Hana,The entire rental process fashion product selection and reservation by Consumer, confirmation with QR code, Issue /returns handling of the products by retailor, Digitally checking the quality and e2e Financial postings in S/4 HANA.
Faster Decision Making
Digital assistance with intelligent technologies like ML, iRPA for decision making and accelerate transaction processing. BTP based Digital assist powered by ML algorithm helps to do quicker quality check, IRPA based integrated to S/4 HANA helps Retail assistant to do quicker operations.
Plans and pricing
All plans include:
Base Package
Deployment guide along with transport, build pack etc along with minimal support of 10 working day support during installation
Price unavailable in this regionDeployment guide along with transport, build pack etc along with minimal support of 10 working day support during installation
Custom pack
Base package + Additional customer specific customisation / Developments
Price upon requestBase package + Additional customer specific customisation / Developments
Customer reviews
Technical Information
| Solution type | APIs and Technical Components |
| Category | Enterprise Resource Planning |
| Industry | Cross-Industry, Retail, Consumer Products |
| Works with |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Improve Sustainability
Publisher
Wipro Limited
Wipro Limited is a leading global IT, consulting, and business process services company with over 220,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better, bolder future for our clients by helping adopt the Digital World.
