WALLDORF, Germany — SAP here, a global business software provider, announced that it acquired the majority shareholding position in SAF Simulation, Analysis and Forecasting, Tagerwilen, Switzerland, a provider of computer-based store forecasting and replenishment software.
SAF, which has a U.S. subsidiary based in Grapevine, Texas, has such U.S. food retail customers as Winn-Dixie Stores, Spartan Stores and Hannaford Bros. SAF offers three core software products: SAF SuperStore and SAF SuperWarehouse, targeted at automated goods replenishment for the retail sector, and SAF SuperForecast which can be used for forecast-based planning across all industries.
SAP said the takeover of SAF “further extends and complements its current planning, forecasting and replenishment solution portfolio for retail and wholesale companies.” Core components of the SAF software have been embedded into the SAP for Retail solutions since 2002.
Read More of Today's Headlines