German start-up bags Oracle merchandise and
financials to disrupt the grocery market with pure online
model
AUSTIN,
Texas and BERLIN,
Sept. 26,
2023 /PRNewswire/ -- Online supermarket Flink burst
on the scene in 2021 offering consumers in Germany, the
Netherlands, and France
grocery deliveries in just minutes. To help ensure its customers
can tap their way from aisle to aisle to get the goods they need,
Flink chose Oracle Retail Merchandising and Oracle Fusion Cloud
Financials. With the system's improved automation and visibility,
Flink can better track inventory across their hubs and distribution
centers to meet customer expectations for fast, accurate
deliveries.
"We chose to partner with Oracle for this important transition
because of their proven track record and expertise in the retail
space," said Peter Bröcker, VP Supply Chain and Processes at
Flink.
Better merchandise management in the
bag
A recent survey showed that 38% of
consumers declared lack of or limited inventory is their biggest
frustration when grocery shopping. Flink
needed to find and implement a merchandising solution that
could scale quickly and create more efficiency across its
operations, inventory, and financials. Oracle PartnerNetwork
(OPN) member Retail Consult led this project,
playing a critical role in project governance and success despite
limited staff during the pandemic.
"We wanted a true SaaS product that offered us the speed, scale,
and best practice required for our operations," added Lucas Rietz, Director of ERP of Flink and
responsible for the implementation.
With Oracle and Retail Consult, Flink successfully deployed its
core Oracle merchandising and financials in only seven months. With
improved data transparency and automation, the grocer was able to
significantly increase resilience of the supply chain, make faster
decisions about their business and inventory as well as simplify
purchase order creation in the buying process along with invoice
matching.
"Time to market is critical for a disruptor like Flink," said
Jeff Warren, vice president of
Oracle Retail. "Our platform for modern retail provides the
connected systems grocers need to better execute and protect their
margins, while ensuring stellar, fast service that will keep
customers engaged and coming back."
To hear about the latest trends in retail and see how customers
are achieving success with Oracle Retail solutions, join us at
Oracle Retail Industry Forum, October
10-12, in Vienna,
Austria.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE:
ORCL), please visit us
at oracle.com.
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in the new era of cloud computing.
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SOURCE Oracle