Risk management in sports retail

Risk management in sports retail

For the love of sport is the motto of INTERSPORT Deutschland eG, which stands for the enthusiasm for daily use. After an intensive selection phase, the company decided in favour of antares RiMIS® in the area of risk management, as the software had the greatest degree of coverage to the requirements set. The flexibility of the settings was an important factor in the decision-making process. No less convincing was the high customer-oriented service level right from the start.

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At a glance

Sector: Sports retail
Company size:
> 900 members who together operate more than 1,500 specialist shops
Requirements: Implementation of a software solution for risk management with high flexibility and perfect customer-oriented service level
Users: approx. 25 users
Project category: Risk management

INTERSPORT Germany eG

For the love of sport is the motto of INTERSPORT Deutschland eG, which stands for enthusiasm for daily use. The German and Austrian INTERSPORT form the largest association within the INTERSPORT Group. Today, the group has more than 900 retailers in Germany, who provide their customers with service, advice and an extensive range of sporting goods in more than 1,500 specialist shops. With a 2.85 billion euro share of sales (2014) in the approximately 8 billion euro German sporting goods and sports fashion market, INTERSPORT is the most successful group in the industry. INTERSPORT Deutschland eG is headquartered in Heilbronn.

Task

Before the introduction of the antares RiMIS® software, risk management at INTERSPORT was mapped using an Excel solution. After many years of using the Microsoft version, which was relatively complicated to operate, INTERSPORT looked for a suitable and flexible software in 2012 that would fit the company and best cover all requirements.

Solution

After an intensive selection phase, INTERSPORT decided in favour of antares RiMIS®, as the software had the highest degree of congruence with the requirements.

The flexibility of the settings was an important factor in the decision-making process. No less convincing was the high customer-oriented service level right from the start. The direct line to support and development helps to incorporate new requirements into the standard.

The preconceived processes come from practical experience and are also flexibly adaptable. A software solution needs a "red thread" and this is exactly where RiMIS® comes in. A wizard guides you through the individual menus. At the end of the entries, the issue is approved and the workflow continues. Of course, the responsible risk manager has the largest selection of evaluations and must have the broadest overview. The users have a clear and necessary set of relevant menu items for their work.

Practical benefit

The introduction of a new way of working is often met with reluctance. This made it all the more important to train the employees - with support from antares.

It is not necessary to introduce a system in its entirety. It is much more important to build on a system that offers easy handling and is target-oriented. The web-based application ensures authorisation-controlled access.

Of course, an introduction and the subsequent application always require a transition period, but then the processes become more consistent and time-effective.

A structure of subsidiaries and participations can be optimally mapped in the system and could be integrated without any problems. The results of the risk recording are stored in an audit-proof manner and cannot be changed afterwards. Changes can be tracked directly in the risk or in the event log file at any time. As part of the regular use of the software, risk management at INTERSPORT is consistently further developed & optimised. The software solution helps to support this process with numerous evaluations.

Intersport: Efficiency of measures

Intersport: Category Matrix

antares RiMIS® can be adapted exactly to your organisational structure and company processes. Numerous evaluations make it easy to keep track of opportunities & risks, measures, indicators and process flows and, if necessary, to retrieve detailed information quickly and independently.

Your advantages

Short implementation time

Integrated early warning system

Optimal integration into the IT environment

High acceptance among users due to intuitive operation

Meets all regulatory requirements

Enables a smooth and efficient process

What our customers say

"A flexible software that could be adapted to our requirements was an essential part of the selection. antares RiMIS® was able to fulfil this best of all the solutions included in the selection."

Rouven Walter | Head of Risk Management & Rating | INTERSPORT Deutschland eG

"The direct line to the software manufacturer - without much waiting time - confirmed our decision. The implementation is one side, the good support the other."

Rouven Walter | Head of Risk Management & Rating | INTERSPORT Deutschland eG

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