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Shinsegae International Consumer Products | South Korea

• In-depth industry knowledge and fast implementation of a SAP cloud solutions maintain commitment to customer experiences and product performance • SAP S/4HANA Cloud, a fully cloud-based ERP, offers standardized end-to-end process with enhanced data accessibility, reliability, and accuracy for forecasting, material resource planning, procurement, production, sales, and finance • A centralized ERP empowers the parent company Shinsegae International, to evaluate the performance and goal realization with improved data transparency and real-time access to all business data

75% reduction in financial closing times.

96% reduction in financial statement consolidation prep time.

100% transfer of data onto a central ERP solution.

SAP S/4HANA Cloud Public Edition

Giving inventory processes a makeover with a cloud-based infrastructure

Produits Prestiges S.A., a subsidiary of Shinsegae International Co. Ltd., is a provider of luxury skincare and cosmetics products worldwide. With a presence in celebrity and B2B beauty circles, it wanted to cement its reputation as a high-end cosmetics brand by creating a smooth digital foundation with SAP S/4HANA Cloud to house its inventory data. “Most of our business transactions were recorded on local computers, especially in Microsoft Excel. All sales-related data was stored in individual computers even though we had a local ERP system. Our existing setup just could not keep up with the demands of a digital market and our goals of expansion.”

Challenges

• Lack of standardization & automation • Lack of visibility of business processes, 360˚ view of customers • Poor inventory planning & accuracy

Outcomes

• Optimized operations, inventory and supply chain management • Improved decision-making • Improved finance operations

Digital Innovation Team Manager, Shinsegae International Co. Ltd. - Changsu Yeo

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