Join Us in Exploring Industry Innovations in Re-commerce
Please join us in exploring industry innovations in re-commerce by registering for the upcoming Customer Engagement Initiative (CEI) – Re-commerce for SAP Commerce Cloud and help us understand how your company contributes and plans to make an impact for a sustainable future. Registrations are open between February 6 and March 6, 2023.
The younger generation is loud and clear – we need to take immediate action to protect and preserve our environment for future generations to come. While it is essential that governments and regulatory bodies lead the pack by setting regulations that balance economic with environmental and social values, it is equally important that companies and consumers alike reassess their values and make sustainable choices every step of the way. One approach is to participate in a circular economy, in an effort to dramatically reduce or eliminate waste.
One road leading to a circular economy is product life extension, which is the focus of Feather by SAP‘s re-commerce offering. Feather by SAP, coming out of SAP.io Foundries and now a part of SAP Customer Experience, delivers a solution that helps brands and retailers take back and resell high quality products. This allows companies to expand their business model to capture new and grow existing markets. While Feather by SAP has initially targeted industries offering high-end consumer goods, the platform, based on modern cloud technologies, is built to be industry agnostic, meaning the solution offers the flexibility to support requirements of any industry with a business case for re-commerce.
To build a solution that makes re-commerce a viable and attractive option for companies and consumers, we are looking to engage with innovative and environmentally conscious companies in any industry, who have ideas or are exploring ways they can contribute to reducing the carbon footprint of their operations through extending the lifetime of their products by taking back customers’ used goods and make sure last season, samples, B grade goods, etc., become available to consumers and do not end up as waste.