SAP Announces Intent to Acquire SAF AG

SAP's Bob Stutz explains that SAP plans to use the acquisition to extend and complement its existing planning, forecasting and replenishment solutions, particularly for the retail, wholesale, logistics and industrial markets. SAF specialises in demand chain management, which, it claims, allows the process chain to be controlled and optimised by customers' buying behaviours. Indeed, Dr Andreas von Beringe, SAF's founder, CEO and president, claims that the company's software "makes it possible to fully automate replenishment processes and ensure their reliability using forecasted future demands". "In becoming a part of SAP, SAF brings its sustainable forecasting and replenishment expertise to the company, says von Beringe. "Our customers will clearly benefit from the combined service and product portfolio as well as from the strong retail expertise and the global reach of SAP as the worldwide market leader in business software." "Through the planned acquisition of SAF, SAP reiterates its strategy to help our customers gain more clarity and transparency across their businesses and drive sustainable efficiency through innovative and reliable software solutions," adds Stutz. "With core components of the SAF software already embedded into the SAP Retail solutions, customers will further benefit from the joined solution and technology portfolio, as well as from the combined innovative strengths."