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Samsonite Makes Safe Passage to SAP |
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Samsonite Selects SAP and Takes Advantage of SAP’s Safe Passage Program to Transform Its Global Retail and Wholesale Operations
DENVER, Colo. - June 14, 2005 - SAP AG (NYSE: SAP) today announced that Samsonite Corporation (OTC Bulletin Board: SAMC.OB), one of the world’s largest manufacturers and distributors of luggage, will transform its retail and wholesale lines of business systems by transitioning its solution environment to mySAP™ Business Suite and leveraging SAP’s industry-specific functionality. Samsonite joins a growing list of companies that are using the SAP Safe Passage Program—a tailored package of solutions, technology and incentives—to migrate to SAP, the world’s leading and most experienced business software solution provider.
Samsonite will leverage SAP’s industry-leading retail, consumer packaged goods manufacturing and financials solutions to enhance its critical business processes, including global sourcing, distribution, transportation/logistics, product innovation, inventory visibility, financial transparency and compliance. Samsonite will also use SAP® Apparel and Footwear Solution (SAP AFS), which provides functionality to help manufacturers manage the myriad sizes, styles and colors inherent in the consumer packaged goods arena. Beginning in January 2006, the company will begin its migration from its current JD Edwards solution environment to mySAP Business Suite, which will support Samsonite employees at sites around the world, including its global headquarters in Denver, Colorado. Samsonite distributes its products in more than 100 countries.
“SAP’s industry focus, software fit and wide-ranging hosting and implementation services will enable us to integrate and globalize our retail and wholesale business, reduce our IT costs and deployment risk and enhance our ability to compete in the global marketplace,” said Nick Macera, CIO, Samsonite Corporation.
“We look forward to building a strong partnership with Samsonite, to help the company realize its global strategic objectives and execute on its mission of providing innovative solutions for the traveling world,” said Bill McDermott, president and CEO, SAP America, the North American subsidiary of SAP AG. “Companies have a mandate to grow their businesses now. The SAP Safe Passage Program offers companies, such as Samsonite, an affordable way to migrate to a new solution environment to begin the process of innovating their businesses today.”
SAP Safe Passage Program Helps Customers Plan for the Future and Manage for Today
Introduced in early 2005, the SAP Safe Passage Program provides companies a flexible and affordable “safe passage” away from the uncertainties arising from Oracle’s acquisition of PeopleSoft, JD Edwards and Retek solutions to an SAP software platform that will help them adapt, innovate, grow and sustain a competitive advantage in today’s fast-changing economy. SAP Safe Passage offers a combination of SAP best-in-class solutions, the SAP NetWeaver™ platform and a program of tailored incentives that help ensure protection and maintenance support of existing software investments. The program also enables companies to plan and migrate their solutions when they are ready, to meet their individual business requirements.
About Samsonite Corporation
Samsonite is one of the world's largest manufacturers and distributors of luggage and markets luggage, casual bags, business cases and travel-related products under brands such as SAMSONITE®, AMERICAN TOURISTER®, LARK®, HEDGREN®, LACOSTE® and SAMSONITE® black label.
About SAP for Retail
SAP for Retail is an industry solution that combines mySAP Business Suite solutions with a broad set of integrated retail applications to help companies profitably serve consumer demand across multiple channels. Today, more than 2,500 retailers worldwide are SAP customers, 400 of which are using industry-specific applications from the SAP for Retail portfolio. Built on the open architecture of the SAP NetWeaver platform, SAP for Retail includes core capabilities for financial management, human resources, supplier relationship management and customer relationship management, as well as support for industry-specific merchandise management and planning, store and channel management, demand forecasting, replenishment, sophisticated allocation, workforce management, POS data management and RFID. (Additional information at http://www.sap.com/retail/)
About SAP
SAP is the world’s leading provider of business software solutions*. Today, more than 27,000 customers in over 120 countries run more than 91,500 installations of SAP® software – from distinct solutions addressing the needs of small and midsize businesses to enterprise-scale suite solutions for global organizations. Powered by the SAP NetWeaver™ platform to drive innovation and enable business change, mySAP™ Business Suite solutions are helping enterprises around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 25 industry segments, including high tech, retail, public sector and financial services. 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.”
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