Postie Plus Group Orders SAP for Retail

20 SEPTEMBER 2006.

Postie Plus Group Orders SAP for Retail

Postie Plus Group Ltd has ordered a world-class SAP software platform as part of the company’s streamlining and integration of business systems across the group’s three retail chains Postie+, Arbuckles and Baby City.

“This acquisition flows from the 2005 decision to review our existing systems and evaluate various solution providers with the objective of putting in place a superior business reporting platform capable of handling our strong growth in merchandising,” said Mr Ron Boskell, chief executive of Postie Plus Group Ltd.

“As a nationwide 116 store fashion, homeware and baby products organisation with annual sales now exceeding $120m a year we wanted to improve the back-end level of support for group merchandising and supply chain operations.”

“Stock control is a vital factor for all retailers in fast changing markets. Bringing our operations onto a common system will enhance our inventory management systems and assist us in sales forecasting.”

“A competitive appraisal of several outstanding systems led to selection of the novaRetail system from CIBER Novasoft leveraging ‘mySAP ERP’ as the best fit for our needs and providing streamlined realtime reporting across our retail spectrum.

“The upgrade is already underway at Christchurch and will deliver a best practice financials platform in time for the Christmas-New Year retail season,” said Mr Boskell. “This will be followed by SAP for Retail deployment with Warehouse Management and SAP Business Warehouse in the first half of calendar 2007.”

“The leading players in the retail sector recognise IT as a fundamental enabler of competitive advantage, improved supply chain management and high quality customer service,” said Ian Black, managing director, SAP New Zealand. “The partnership between SAP and CIBER Novasoft uniquely positions us to deliver retail business solutions based on industry best practices and the latest software.”

ABOUT POSTIE PLUS GROUP:
Postie Plus Group Ltd is a publicly listed company based in Christchurch. The group has three trading divisions.

 Postie+ is one of the largest speciality clothing retail businesses in New Zealand with a nationwide chain of 70 stores located from Northland to Southland.
 Baby City is a chain of 13 nursery retail stores located in Auckland, Wellington, Christchurch and Invercargill. The Baby City market comprises expectant mothers, parents of babies, their relatives and friends.
 Arbuckle’s is a specialist Manchester and homeware retailer with a nationwide chain of 33 stores.

ABOUT SAP

SAP is the world’s leading provider of business software. Today, more than 34,600 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at )

ENDS

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