Oracle rolls out Oracle Retail version 14

11th January 2014 | By Mouseworld Now Correspondent |

Oracle-logoNew Delhi, India, January 11, 2014: Oracle has launched 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 touchpoints, 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.

Senior Vice President and General Manager at Oracle Retail Mike Webster said, “In the global retail industry we have seen a shift of capital from building and refurbishing stores to digital commerce and creating new and differentiated customer interactions. Retailers are focused on enabling the whole retail enterprise to deliver commerce anywhere.”

“Oracle Retail version 14 is our largest release in terms of functionality and manpower invested in development. This release aligns with the industry investments, has a sharp focus on quality and lowers the total cost of ownership for retailers. It further differentiates Oracle when the retailer is choosing a point solution and in situations where the retailer is transforming multiple business operations to enable a more effective customer experience,” added Webster.

 

© Mouseworld Now News Service

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