Home / Knowledge / News / Information Technology / Saks adopts Oracle E-Suite to integrate operations
Saks adopts Oracle E-Suite to integrate operations
04
Apr '12
Saks Incorporated, one of the world's preeminent luxury retailers, has selected Oracle Retail Merchandising, Planning and Optimization applications and the Oracle E-Business Suite 12.1 to help integrate business operations and improve margins and profitability across all channels.

The Oracle implementation is part of a business-wide initiative to establish a modern, flexible and scalable IT platform that will provide finance, human resources, merchandising, commerce and store operations teams with real-time, mobile access to sales, inventory and performance data they require.

Saks plans to use Oracle Retail Merchandise Operations and Management and Oracle Retail Planning and Optimization solutions to improve performance by identifying emerging trends across commerce, store and mobile channels and managing offerings to meet customer preferences.

Saks will use the Oracle E-Business Suite 12.1 to transform global financial and human resources operations with faster and more simplified reporting and increased visibility into performance metrics.

By implementing a complete suite of pre-integrated Oracle solutions and using a full Oracle technology stack that includes Oracle Fusion Middleware and Oracle Database 11g, the luxury retailer, over time, expects to lower costs associated with maintaining disparate systems and enable employees to spend more time on value-add activities.

Saks Incorporated operates 45 Saks Fifth Avenue stores, 61 Saks Fifth Avenue OFF 5TH stores and ecommerce site saks.com.

Saks currently uses Oracle Database and Oracle Hyperion performance management applications to support strategic financial planning, budgeting and performance management.

"Oracle provides us with a modern technology platform on which we can support our omni-channel approach to the business and build a next-generation retail environment," said Michael Rodgers, Executive Vice President and Chief Information and Operations Officer, Saks Incorporated. "We will use the integrated Oracle Retail solutions to enable our vision of one customer/one product/one inventory, through a seamless set of business processes supported by proven technology tools."

"Saks provides its customers with memorable and superior shopping experiences," said Mike Webster, senior vice president and general manager, Oracle Retail. "By using Oracle to establish a global, cross-channel platform, Saks will enable employees to deliver a better, more personalized customer interaction across every touch point."

Oracle provides retailers with a complete, open and integrated suite of business applications, server and storage solutions that are engineered to work together to optimize every aspect of their business.

Oracle Corporation

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search