Financial advantages of leveraging SAP S/4HANA Integration in retail: A quantitative study
Tractor Supply Company, 5401 Virginia Way, Brentwood, TN, USA.
Research Article
World Journal of Advanced Engineering Technology and Sciences, 2021, 01(02), 098–113.
Article DOI: 10.30574/wjaets.2021.1.2.0034
Publication history:
Received on 09 December 2020; revised on 16 January 2021; accepted on 18 January 2021
Abstract:
SAP S/4HANA symbolizes important innovations in enterprise resource planning (ERP) and is designed to address specific challenges facing modern retailers in fast-growing, competitive environments. By providing real-time analysis, intelligent automation, and seamless system integration, SAP S/4HANA enables companies to improve efficiency in both financial and operational processes. This solution is not just a tool but a framework that enables smarter decision-making, reduces inefficiencies, and improves customer experience.
The study focuses on measurable outcomes, such as cost savings, increased revenue, and streamlined operations, regarding the financial benefits of introducing SAP S/4HANA. We also assess how this system supports retail businesses to solve issues such as inventory management, supply chain optimization and customer engagement. This analysis includes detailed case studies and statistical insights to explain how companies can maintain agility, competitiveness and profitability by modernizing their operations and financial infrastructure. With this solution, retailers can achieve sustainable success in the evolving global market.
Keywords:
SAP S/4HANA; Retail industry; ERP systems; Cost optimization; Digital transformation; ROI; SAP Analytics
Full text article in PDF:
Copyright information:
Copyright © 2021 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0