{"id":10700,"date":"2022-10-19T10:25:06","date_gmt":"2022-10-19T10:25:06","guid":{"rendered":"https:\/\/totalctrl.com\/?p=10700"},"modified":"2022-10-19T10:49:26","modified_gmt":"2022-10-19T10:49:26","slug":"inventory-management-cogs-solution-by-totalctrl-now-available-on-sap-store","status":"publish","type":"post","link":"https:\/\/dev.totalctrl.com\/no\/press-release\/inventory-management-cogs-solution-by-totalctrl-now-available-on-sap-store\/","title":{"rendered":"Inventory Management\/COGS Solution by TotalCtrl Now Available on SAP\u00ae Store"},"content":{"rendered":"\n

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By integrating with SAP\u00ae Ariba\u00ae, TotalCtrl\u2019s solution helps service industry customers to improve their sustainability efforts by eliminating food waste and streamlining inventory management <\/em><\/strong><\/p>\n\n\n\n

OSLO, Norway \u2014 October 19th, 2022 \u2014<\/strong> TotalCtrl today announced that its Inventory Management\/COGS<\/a> solution is now available on SAP\u00ae Store<\/a>, the online marketplace for SAP and partner offerings. The solution integrates with SAP\u00ae Ariba\u00ae to help businesses that use SAP technology to streamline inventory management, automate the cost of goods sold (COGS) and key metrics calculations, while also preventing food waste and ensuring last-mile traceability. <\/p>\n\n\n\n

\u201cA third of all the food we produce every year is wasted, food prices are increasing, resources are low, there is staff shortages in the hospitality sector, and laws and regulations are increasing the need for sustainability reporting and food traceability,\u201d said Charlotte Aschim, CEO and founder of TotalCtrl. \u201cWe are pleased to partner with SAP to help businesses better manage their inventory and close the gap between buying and selling food, ensuring compliance and last-mile traceability from supplier to guest.\u201d<\/p>\n\n\n\n

TotalCtrl helps businesses that use SAP Ariba to control their operations once the inventory is in location. They will know what\u2019s in their food inventory at any time, reduce time spent on inventory management, and use data to streamline their food operations. <\/p>\n\n\n\n

Customers can stop relying on outdated spreadsheets to manage what they have in stock. TotalCtrl\u2019s solution enables a real-time overview of what food customers have, how much it\u2019s worth, and when it expires. <\/p>\n\n\n\n

They can use the mobile app to control delivery, report issues, prevent and register food waste, complete stock count, and get real-time inventory insight. They can learn what enters and leaves their inventory each day so they can plan and order smarter. Customers can prevent food waste by buying only what they\u2019re able to use, and monitor key metrics like price variations, monthly COGS, and food cost percentage.<\/p>\n\n\n\n

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying, and renewing more than 2,000 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.<\/p>\n\n\n\n

TotalCtrl has completed the sustainability in services industry program at SAP.iO Foundry Paris in 2022 and is also a partner in the SAP\u00ae<\/sup> PartnerEdge\u00ae<\/sup> program. The SAP PartnerEdge program provides the enablement tools, benefits, and support to facilitate building high-quality, disruptive applications focused on specific business needs \u2013 quickly and cost-effectively. <\/p>\n\n\n\n

SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. SAP.iO Foundries is SAP\u2019s global network of equity-free startup accelerators that are the fastest way for founders to launch a relationship with SAP. They provide technical and go-to-market support to help startups integrate with SAP and accelerate their entry into a curated inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers. Since 2017, SAP.iO has helped 450+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation.<\/p>\n\n\n\n

About TotalCtrl <\/strong><\/p>\n\n\n\n

TotalCtrl is a leading FoodTech company that improves customer profitability and the industry’s sustainability by offering TotalCtrl from farm to fork. TotalCtrl, a Norwegian software company, utilizes its unrivaled Inventory Management System to unlock enormous opportunities in the food industry, ensuring food traceability, control over distribution, elimination of food waste and optimized operations. After only one month in use, their customers have seen a 35.4% reduction in food waste, 60% time-reduction and 5% increase in sales. Visit www.TotalCtrl.com<\/a> to learn more.<\/p>\n\n\n\n

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SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.<\/p>\n\n\n\n

For further information, contact:<\/p>\n\n\n\n