Patni is one of world's first in "SAP xApps-certified" composite application

Mumbai: Leading global IT consulting and services provider Patni Computer Systems Ltd, today announced that it has become one of the first global companies to launch a composite application that has achieved "SAP xApps-certified - Powered by SAP NetWeaver" status. Its Inventory Optimizer solution helps companies in the CPG, pharmaceutical and retail industries lower costs through more efficient disposal of sluggish inventory.

Powered by the SAP NetWeaver, Patni Inventory Optimizer is SAP xApps-certified and provides users with the ability to implement an action plan and significantly reduce the time taken to recover the capital locked in sluggish or non-performing inventory.

Raghu Mahalingam, VP and head of SAP Practice at Patni said, "Accurate identification and tracking of slow-moving surplus and obsolete SKUs are typical issues that have always plagued organisations in the CPG, pharmaceuticals and retail industries. By combining our deep domain expertise with the SAP Composite Application Framework tool, part of the SAP NetWeaver platform, we have created a solution that will help organizations address these long-standing issues."

With the Patni Inventory Optimizer, organizations can:

• Identify non-performing SKUs based on profitability thresholds
  
• Implement an action plan with speed and flexibility to dispose off non-performing SKU through repackaging, trashing etc.
  
• Choose, define and modify an action plan for inventory disposal
  
• Monitor progress in the implementation of action plan for inventory disposal
  
• Create reports, receive alerts, and notifications in case of escalations and exceptions in the implementation of action plan
  
• Significantly reduce the time taken to recover the capital locked-in sluggish or non-performing inventory.