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NATIONAL RETAIL FEDERATION NEWS RELEASE THE VOICE OF RETAIL WORLDWIDE Liberty Place, 325 7th Street, NW, Suite 1100, Washington, DC 20004 Phone: 202.783.7971 Fax: 202.737.2849 |
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For Immediate Release Contact: Scott Krugman (202) 783-7971 Email: krugmans@nrf.com
Retail Vendors
Demonstrate Business Agility Washington, DC, January 6, 2006--The Association for Retail Technology Standards (ARTS) is giving retailers a new way to reduce their costs and be more efficient through revolutionary retail technology standards. In the ARTS Pavilion at the National Retail Federation's (NRF) 95th Annual Convention & EXPO, January 15-18 at the Jacob Javits Convention Center in New York City, retailers will have a unique opportunity to see how easily and inexpensively existing applications can be integrated with the latest technologies by choosing ARTS-conformant vendors. A wide variety of vendor system combinations, including server platforms, hardware and peripherals will be on display, demonstrating how retail standards provide retailers the ultimate freedom of choice. Vendors participating in the ARTS Pavilion at NRF’s 95th Annual Convention & EXPO will demonstrate examples of business agility and rapid technology integration using ARTS standards. Three business scenarios running on Sun servers and IBM registers will be presented including: 1. Agile Pricing – 360Commerce, GK Software, SAP, and Soft Solutions will demonstrate business agility in managing prices and in store promotions. When management decides to change a price, it all happens quickly. SAP creates an item using the ARTS Item schema. Soft Solutions sets a promotional price for the item via the ARTS Price schema and sends the item and price to 360Commerce and GK Software. AccessVia and Epson create a new price label and a great in-store promotional image. Analysis of promotional events is made available based on the sales captured via the POSlog schema. 2. Inventory Management– Mettler-Toledo will create the Item schema and send it to Soft Solutions who creates the Price schema which is then passed to ISS Retail to process the sales and returns and update the on- hand inventory maintained by Oracle Retail. As accurate on-hand information is essential, Softechnics performs a physical stock count and sends the Inventory schema to Oracle Retail to update their inventory record. 3. Customer Order – SAP/Triversity, PCMS and Sonic Software together will demonstrate how retailers can provide shoppers with the ability to shop via the Internet or in-store kiosk, select items, check availability, and pay on the Internet or in the store. These Pavilion scenarios verify that multiple vendor applications can integrate easily using ARTS standard XML schemas. Moving these standard data formats across platforms Windows, Java, or others is made easy with Sonic Software middleware. All the component applications are integrated via standard XML schemas. Thus, changing components or adding data to support new business processes is much easier and eliminates the need to change code and update programs. Business agility is demonstrated by using ARTS XML schemas and the Data Model as the central repository with vendor applications that are ARTS conformant. By adhering to these standards, businesses are able to implement application changes in days and weeks instead of months and years. The exhibit can be viewed during show hours at NRF booth #867. Attendees are invited to stop by the booth to learn how to achieve business agility through ARTS standards. The Association for Retail Technology Standards (ARTS) is an international membership organization dedicated to reducing the costs of technology through standards. Since 1993, ARTS has been delivering application standards exclusively to the retail industry. ARTS has three standards: The Standard Relational Data Model, UnifiedPOS and IXRetail. Membership is open to all members of the international technology community--retailers from all industry segments, application developers and hardware companies. For more information contact ARTS at ARTS@NRF.com or 202-626-8140. www.nrf-arts.org The National Retail Federation is the world's largest retail trade association, with membership that comprises all retail formats and channels of distribution including department, specialty, discount, catalog, Internet, independent stores, chain restaurants and grocery stores as well as the industry's key trading partners of retail goods and services. NRF represents an industry with more than 1.4 million U.S. retail establishments, more than 23 million employees - about one in five American workers - and 2004 sales of $4.1 trillion. As the industry umbrella group, NRF also represents more than 100 state, national and international retail associations. www.nrf.com. ###
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