Pantaloon signs SAP for its IT revamp

Pantaloon Retail (India) is planning to invest Rs 100 crore in information technology over the next three years and has entered into a partnership with business software solutions provider SAP for the purpose.

"To support our growth and maintain our competitive edge, a robust and futuristic IT infrastructure has been planned for the next three years with investments of over Rs 100 crore. Our strategic partnership with SAP, a world leader in business software solutions provider is our first step in realising our it vision," Pantaloon Retail's CFO Chinar Deshpande said in a release.

As per the roadmap, SAP will implement its Mysap business suite, SAP advanced planning tool for merchandise planning and SAP apparel & footwear solutions which would be implemented across the organisation.

"The new cutting edge IT infrastructure will help in serving our customers better, give us improved customer insights and add value to the business on the whole," Deshpande added.