Paris Gallery, a leading luxury retailer in the
The Oracle Applications are expected to provide a unified view of all merchandising, supply chain, store and back office operations across its 60 stores and three distribution businesses in the
Deployment and Results
Paris Gallery has implemented Oracle Retail Merchandising System, Oracle Retail Warehouse Management and Oracle Retail Store Inventory Management to provide real-time insight into inventory within its merchandising, supply chain and stores operations and drive timely, accurate business decisions. The retailer anticipates this will help it to react quickly to changes in customer buying patterns and seasonal demand. In turn, this is expected to support more accurate open-to-buy and improve the impact on profitable margins, delivering as much as a 20 percent reduction in inventory.
The implementation will further help to optimise efficiencies throughout the supply chain by improving transparency and accelerating the flow of merchandise to reduce lead-time.
In addition, Paris Gallery has also implemented Oracle Human Resources, Oracle Payroll, Oracle Time and Labor and Oracle Financials, all part of Oracle E-Business Suite, to provide a scalable and flexible architecture required to support the growing demands of its business. Oracle E-Business Suite Financials will enable Paris Gallery to consolidate operational results providing a holistic view of business performance. The retailer selected Oracle Human Resource Management applications to provide the capability to manage its HR and resourcing activities globally from a single multifunctional system, while complying with local country laws and regulations.
The deployment of the Oracle applications will help us to compete more effectively in this increasingly competitive market. Oracles integrated capabilities provide us with the best solution for our industry-specific needs delivering a consolidated view of performance across our different businesses and multiple countries, said Mohammed Al Fahim, CEO, Paris Gallery. Paris Gallerys centralised business model will enable it to align its corporate growth strategies more effectively with requirements to improve margins, identify efficiencies and drive value from the business. It is important for retailers to benefit from rapid ROI whilst pursuing long-term goals, said Duncan Angove, Senior Vice President and General Manager, Oracle Retail. We are excited about the significant business value provided to Paris Gallery in order to realise its growth objectives in comparison to the typical on-premise model, said Nitin Parab, Executive Vice President, Zensar Technologies.
About Oracle Retail
Oracle is a provider of industry software solutions for retailers enabling organisations to serve their customers better by applying insight into daily business decisions for more profitable results. With software that provides supply chain, operations, merchandising, store systems, optimisation as well as enterprise applications and infrastructure software, Oracle partners with the worlds leading retail companies, including 20 of the 20 top retailers worldwide, to transform the economics of their businesses.