REDWOOD SHORES, Calif., Oct. 17,
2017 /PRNewswire/ -- Today, Oracle announced that
Argentinian hardline retailer Ribeiro has selected Oracle Retail
Merchandising, Planning & Optimization and Supply Chain
solutions to empower operational discipline to attract, retain and
serve their Omnichannel customers. Ribeiro is a family owned
company offering household items and electronics that established
operations in 1910. Today Ribeiro is managed by the third family
generation that operates over 82 stores, the call center and a
robust online presence. To stay relevant to the changing consumer,
the company decided to modernize and incorporate more technology to
anticipate consumer demand.
In this journey, Ribeiro realized the need to adopt worldwide
best practices by replacing its proprietary legacy software, to
allow the company to structure its Omnichannel operations, and
integrate physical stores with e-commerce and the back office.
After analyzing several market solutions, the company chose to
extend its relationship with Oracle Retail. Ribeiro will implement
Oracle Retail Allocation, Oracle Retail Replenishment Optimization,
Oracle Retail Regular Price Optimization and Oracle Retail
Store Inventory Management in a staged approach. In 2012 Ribeiro
partnered with Oracle to drive growth in the online channel.
Ribeiro implemented Oracle Commerce in less than 5 months with
great results.
"We were looking for a tool that would allow us to act faster
instead of building design interfaces with legacy systems. We
needed to improve pricing, replenishment and centralized management
to accelerate our response to customer demands. We considered
Oracle Retail as the best solution in the market to help Ribeiro to
address this challenge," says Dan
Attie, Commercial Director at Ribeiro.
The modernization of Ribeiro with Oracle Retail solutions is
planned to simplify the reorganization of internal processes,
allowing for the definition of pricing goals, commercial action
planning and logistics management organization. The implementation
will be delivered in stages by Oracle PartnerNetwork Gold Level
Partners SkillNet and Veltio. The staged implementation will follow
a prescriptive plan to minimize the impact on the company's
operations and maximize the return on their investment with
Oracle.
"With this implementation, we will gain real-time control of our
stores and we will ensure that the same information is shared
throughout the company, giving us better decision-making process,"
explains Attie.
"Our global consumer research, Retail in 4 Dimensions, shows
that consumers are open to personalized shopping experiences,
communications and tailored offers. We believe that inventory is
fundamental to a personalized shopping experience," said
Ray Carlin, Senior Vice President
and General Manager, Oracle Retail. "With this investment, Ribeiro
will gain a single view of inventory to fully support the connected
shopper experience."
About Oracle Retail:
Oracle provides retailers with a complete, open, and integrated
suite of best-of-breed business applications, cloud services, and
hardware that are engineered to work together and empower commerce.
Leading fashion, grocery, and specialty retailers use Oracle
solutions to anticipate market changes, simplify operations and
inspire authentic brand interactions. For more information, visit
our website at www.oracle.com/retail.
About Oracle
The Oracle Cloud delivers hundreds of SaaS applications and
enterprise-class PaaS and IaaS services to customers in more than
195 countries and territories while processing 55 billion
transactions a day. For more information about Oracle (NYSE:ORCL),
please visit us at oracle.com.
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SOURCE Oracle