Home / Knowledge / News / Information Technology / Oracle unveils Oracle Retail Release 13
Oracle unveils Oracle Retail Release 13
19
Jun '08
In response to the dramatic transformation happening in the retail industry, Oracle announced the availability of Oracle Retail Release 13, the world's most complete and integrated suite of software applications delivered to date for insight-driven retailing.

The result of Oracle's strategic acquisitions of best-of-breed applications as well as its long-term vision for the retail sector, Oracle Retail Release 13 enables retailers in key vertical segments - including fashion, grocery and hardlines - to drive more profitable customer relationships.

Oracle Retail Release 13 helps retailers transform customer-shopping experiences by providing embedded retail intelligence that enables merchants to make better decisions from the supply chain to the stores. For example, the supply chain management capability in Oracle Retail Release 13 links the supply chain from supplier to consumer to help merchants more effectively utilize their capital to provide the right products in the right stores to satisfy consumers, while avoiding unnecessary inventory purchases.

Oracle Retail Release 13 provides an industry standards-based platform that enables retailers to leverage existing IT investments and accelerate business performance with agility, flexibility and cost effectiveness. This helps retailers create short-term value, while pursuing long-term growth and renewal.

Information is key to helping retailers make insight-driven decisions about localized merchandising, optimized assortment plans, store layouts and pricing. Oracle Retail Release 13 helps deliver measurable returns across the entire retail enterprise including stores, merchandising operations, merchandising planning and optimization, and supply chain management.

Key Enhancements in Oracle Retail Release 13:
• Regular Price Optimization - completes the full life cycle price optimization suite to deliver enhanced margin, sales and customer centric pricing

• Merchant Workspace - provides Oracle Retail Release 13 users with single sign-on, dashboard, and reporting capabilities across solutions

• Wholesale Functionality - enables retailers with a new channel opportunity to grow market share by selling products to other businesses

• Global Performance Capabilities - includes 'Multiple Sets of Books' functionality and Stock Ledger VAT enhancements to assist retailers expanding across global borders

• Advanced Security Features - enhances user activity logging and secure implementation documentation to help protect customer information and assist in PCI compliance initiatives Supporting Quotes

"The retail landscape is transforming such that traditional avenues of value creation alone are no longer viable. To survive, retailers must find new approaches to grow and to increase shareholder value. Delivering Oracle Retail Release 13 marks an important milestone in our ongoing commitment to help transform retail and deliver measurable business value to our customers," said Duncan Angove, General Manager and Senior Vice President, Oracle Retail.

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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