WALLDORF (dpa-AFX) - German software giant SAP AG (SAP) said Monday that it has acquired SAF Simulation, Analysis and Forecasting AG, a provider of automated ordering and forecasting software, to expand its solution portfolio for retail organizations. The enhanced SAP Forecasting and Replenishment application will enable customers around the globe to significantly reduce the risks associated with shortages and surplus, lower costs and better match products on the shelf to specific consumer segments, SAP said. The entire former SAF portfolio is planned for integration into SAP Forecasting and Replenishment, enabling retailers and other consumer-facing companies to operate in close to real time as customer-driven supply networks.
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