Breuninger
"The fact that the Torex solution consolidates multiple key
products - POS, loss prevention and promotional offer handling -
has impressed us the most. We are convinced that this scalable
technology offers the greatest investment security in the long
term."
- IT Team Leader, Competence Center Business & Development
Knowing the company
What started as a small business with a staff of just three,
founded in 1881 by Eduard Breuninger, it has grown into the
well-known fashion and lifestyle company Breuninger. Breuninger's
more than 4,000 employees working in the company's ten stores are
dedicated to service excellence, providing customers with a unique
shopping experience and offering trendsetting products.
At Breuninger all tasks are undertaken with a high level of
quality and professionalism. The spacious, 35,000 square metre
flagship store in Stuttgart as well as nine further shops in
Karlsruhe, Nuremberg, Leipzig, Frankfurt (MTZ) and other locations
present the Breuninger world of fashion, perfume, shoes,
accessories, sports wares and home living in a stylish and
exclusive setting.
Defining the strategy
Breuninger has been using functions for monitoring payment process
transactions (loss prevention) since 2003, when it introduced a POS
and branch management solution from Torex. Taking the lead in
modernising its IT landscape, Breuninger was the first German
retailer to make the strategic decision to introduce Torex Business
Analytics and Torex Loss Prevention - an integrated suite of
solutions for business data analysis and loss prevention. The
company expects the broad functional range of the solution to
further improve the transparency and auditability of its business
processes.
Choosing the solution
The decision to choose Torex Business Analytics and Torex Loss
Prevention was made in the Autumn of 2009. The solution went live
in July 2010, and is currently mainly being used by the internal
auditing and inventory departments. When Torex integrated the
product into Breuninger's system environment, it also made several
customisations to account for specific needs of the company.
The Torex solution enables Breuninger to analyse all POS data -
from the item master through to sales transactions - and thus
improve transparency throughout the entire company. This gives the
established company comprehensive protection against deviations in
payment processing workflows, including organisational
irregularities and inefficiencies or even fraudulent transactions.
Identifying such activities will help Breuninger to reduce losses
in time and money and, just as important, also prevent loss of
customer trust, inventory errors and credit card fraud.
The Torex software provides various graphical and table views to
display the evaluated data. Scorecard based analyses allow for
applying different weightings and visualising them graphically
according to priority.
The new application helps to maximise profits and also enables
Breuninger to comply with applicable legal security regulations.
With the new software the retailer can meet GDPdU (German
principles on data access and auditability of digital documents)
and other compliance provisions, so the solution represents a major
milestone in extending internal control structures.
Achieving return on investment
Breuninger expects the new software to significantly boost
internal transparency. This is of particular importance when it
comes to compliance. The general goal is to put a framework into
place that allows all relevant processes to be handled in a
transparent and traceable manner.
One of the core demands of Breuninger is to be able to attain
audit-compliant business processes. The Torex product suite
provides the company with a tool to tap into this information and
achieve the level of transparency prescribed by law, thus
guaranteeing compliant workflows. Breuninger is planning to explore
step by step the product's functional range, extending the solution
where needed. Additional users can be added at any time, including
the POS or accounting department, all of which stand to benefit
from using the analysis data delivered by the new Torex product for
their own purposes.