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Oracle unveils new retail software solution
07
Jan '14
Oracle introduced Oracle Retail version 14, encompassing new features and functionality across its complete offering of retail business solutions. The enhanced suite of solutions enables relevant customer engagements across touch points, targets assortments, drives improved efficiency from inventory and helps reduce total cost of ownership.

Oracle’s leading retail science and best practices are now embedded within even more business processes, placing the customer at the center of the value chain and aligning people, processes and technology to drive profitability.

New operational and planning processes in Oracle Retail version 14 allow customers to buy, pick-up or return items via any channel and equips retailers to fulfill demand without channel constraints, using built-in functionality that offers efficiencies and profit gains for retailers.

Throughout the solution set, processes reflect an increased focus on the consumer, and assortment planning is informed by a range of new data points that work together to influence item and category performance.

Oracle Retail version 14 delivers further improvements through packaged integration, a rich set of application programming interfaces and an infrastructure that can accelerate implementation and accommodate modular deployments that work within the constraints of a retailer's evolving mix of systems.

Additionally, Oracle Retail version 14 is optimized for Oracle’s engineered systems, servers and storage to deliver faster performance, greater efficiency, higher availability, and near-unlimited scalability. Deploying Oracle Retail solutions on Oracle systems enables customers to lower total cost of ownership, mitigate risk, improve user productivity, and help streamline management, while benefiting from the value of a single point of accountability.

Oracle Retail Connects the Consumer Journey from Mobile to Store to Fulfillment

-New features and functionality make it easier for customers to purchase items no matter where inventory resides, with store-level inventory visibility online, real-time inventory lookup for items in another store, support for orders and take-with items in the same transaction and support for returning purchases from any channel.

To help retailers take advantage of mobile, Oracle Retail solutions deliver enhanced support for most devices and help mobilize store associates with mobile Point of Service (POS), tablet POS, assisted selling tools and better visibility to promotions, merchandising and store dashboards.

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