Pepkor Europe selects Oracle cloud for future brand growth

15 Jul '19

2 min read

Pic: PR Newswire

Pepkor Europe, the leading pan-European variety discount retailer, has chosen Oracle cloud to support the planned future growth of its brands, Pepco, Poundland, and Dealz. Pepkor, headquartered in the UK, sells clothing and fast-moving consumer goods such as food, health, beauty products, and general merchandise to families on a budget across Europe.

Pepkor Europe will leverage Oracle retail merchandising cloud service to unify inventory management and Oracle enterprise resource planning (ERP) cloud to automate and streamline the organisation’s end-to-end financial management processes, according to a press release by Oracle.

“The Pepkor Europe brands serve customers in 14 countries through over 2,000 stores, offering a diverse and constantly evolving range of products, delivering great value to our customers, aided by being a high-volume business. We are confident that the centralised and enhanced inventory management capability that Oracle retail provides, will improve our operational agility and flexibility through better visibility into inventory and margins. After a rigorous evaluation, we chose Oracle as our partner for this key element of our infrastructure transformation,” Andy Bond, chief executive officer, Pepkor Europe said.

“Pepkor Europe needed a technology foundation that would match the requirements of its business and deliver a new level of insight and operational efficiency. From backend financials to managing complex retail operations, only Oracle cloud can provide the end-to-end solutions Pepkor Europe needs to continue its international expansion while supporting multiple accounting approaches, currencies, languages, and legal entities,” Mike Webster, senior vice president and general manager, Oracle retail said. (GK)

Fibre2Fashion News Desk – India

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