HANOVER, Germany, March 10, 2014 /PRNewswire/ -- SAP NEWSBYTE -- SAP AG (NYSE: SAP) today announced the supermarket chain ALDI Nord has selected the SAP® for Retail solution portfolio to support its dynamic growth and modernize its retailing. The standard enterprise resource planning (ERP) solution will replace the company's previous in-house system and will be used to manage retail processes at all company locations, from orders and warehouse management to store deliveries. ALDI Nord also aims to achieve greater transparency in its goods transactions through use of the solution. The announcement was made at CeBIT 2014, being held March 10-14 in Hanover, Germany.
With more than 2,400 stores in Germany alone, ALDI group's business activities in nine European countries make it one of the continent's leading retail companies. SAP for Retail is designed to increase transparency in flows of goods and finances all the way from the vendor to the customer. This will enable ALDI Nord and its stores to achieve a number of long-term benefits. In particular, the company will need less time to provide its regional subsidiaries with extensive business reports. ALDI Nord is now implementing the solution and aligning its business processes with the standards of SAP for Retail. Thanks to its template-based approach, the company plans to complete the rollout in short order.
Media Contact: Janice Edman, +1 (650) 223-4817, email@example.com, EDTAny statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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