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: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Global economy now growing by about 3%: UN

Textiles | On 13th Dec 2017

Global economy now growing by about 3%: UN

There is an upturn in the global economy, and it is now growing by...

Winners of Outstanding Award for Exceptional Performance with Anusha Alles (extreme right) and Sakura Manthreerathne, P.A.C.E. specialist at Brandix; Courtesy: Brandix

Apparel/Garments | On 13th Dec 2017

Brandix’s female workers benefit from GAP’s P.A.C.E

A group of 181 Brandix female associates have recently completed...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search