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Oracle Retail

Product
Developers: Oracle
Last Release Date: January, 2016
Branches: Trade
Technology: ERP,  SaaS - Software as service,  trade Automation systems

Content

2019: Correction of 12 vulnerabilities

On October 17, 2019 it became known that the Oracle company corrected 219 dangerous vulnerabilities in different product lines. Oracle application of Retail received 12 corrections. Read more here.

2016: Oracle Retail Release 15 offers hardware and cloud services of Retail Cloud

In January, 2016 the Oracle corporation provided a full range of cloud services and the industry solutions for deployment directly at the enterprise integrated with the analytics, best in the industry, which allows the retail companies to provide the approved service of buyers on any channels. Retailers can use these solutions for creation of the personalized offers, rationalization of transactions, increases in sales and profit increase worldwide.

"Customer interactions on all sales channels and increases in their loyalty require the deepest understanding and integration with business - from planning and marketing before execution. And the new version of the industry Oracle Retail complex aggregates everything. For the first time the retail companies can use cloud services of Oracle Cloud for planning of those marketing actions which clients, for forecasting and satisfaction of the goods demand with unique consumer svostvo and managements of trade inventories more effectively and on a centralized basis and on any channels want to see" — noted Jill Stendish (Puleri) (Jill Standish (Puleri)), the senior vice president and the CEO of Oracle Retail.

The corporation built in more than the means of the business analysis, best in the class, the most important processes of the retail companies in the new version of Oracle Retail Release 15 and also expanded access and mobility thanks to cloud computing. Besides, in this version also integrated solutions of Oracle Retail Xstore Point-of-Service and Oracle Retail Merchandising are updated to provide data exchange within processes of merchandising, managements the master with data, pricing and audit of sales.

Industry solutions of Oracle for the retail companies in combination with wide range of products and services of corporation are used by thousands of riteleyr for expansion of customer relations, increase in loyalty to a trademark and profit increase worldwide. This version represents significant updating and expansion of the cloud offer of Oracle.

  • Possibilities of the solution Oracle Retail Xstore Point-of-Service allow to increase customer service quality in shops. The new version helps to improve service in sales points due to increase in mobility, improvement of management of exclusive situations and support of more effective customer interactions.
  • The solution Oracle Retail Xstore Point-of-Service Workstation integrates hardware and the software, allowing the staff of shops to accelerate service through mobile sales points and cash desks.
  • Integration of the solutions Oracle Retail Xstore Point-of-Service and Oracle Retail Merchandising allows the retail companies to manage more effectively stocks and sales and to improve planning thanks to in solutions of uniform master data: commodity hierarchy and attributes of goods, these price labels and labels and also data on stocks and transactions in shop and information on pricing. The new version of Oracle Retail Xstore Point-of-Service is also integrated with the solutions Oracle Retail Merchandising System, Oracle Retail Price Management and Oracle Retail Sales Audit.
  • With Oracle Retail Sales and Productivity Cloud Service the retail companies can carry out contrastive analysis of sales in real time, understand employee performance of shops, effective management of goods, sales volumes and the number of visitors in shops.

Retailers can use Oracle Retail Merchandise Financial Planning Cloud Service to simplify collaborative planning for different sales channels: through traditional shops, the Internet and channels of wholesales. The solution allows to increase coordination of the solutions having an impact on sales, purchases and promo-to an action with general strategy of business.

The possibilities of the business analysis which are built in a cloud service of Oracle Retail Demand Forecasting Cloud Service allow the retail companies to define and to carefully select the range, the prices and actions for goods with similar attributes — as, for example, the models fashionable in this season, either drawings, or special tastes of yogurt.

The retail companies can expand sales and increase customer service quality using Oracle Retail Customer Segmentation Science Cloud Service, defining the reasons of acquisition by clients of specific goods and developing offers for satisfaction of their requirements.

The Oracle Retail Release 15 complex includes the technologies for the analysis and optimization of retail allowing the retail companies it is better to understand business and to increase efficiency. Algorithms of Oracle cut time necessary for manual accomplishment of the processes and works on exceptions characteristic of difficult tasks of acoount reconciliation of the retail companies by half, automating up to 90% of such transactions.

All solutions of Oracle for the retail companies improved mobility and received the user interface attractive to all who are already familiar with popular searching tools, preparation of reports and also standard web applications.

2015: Oracle Retail version 14.1

The improvements of a portfolio of Oracle for retailers implemented in the version of Oracle Retail 14.1 are developed according to the strategy of Oracle directed to consolidation of opportunities of Oracle and MICROS and also deployment of solutions of Oracle for the retail companies in a cloud environment.

Oracle Retail 14.1 offers advanced functionality which allows to integrate more deeply a digital medium from real, providing the approved service of buyers using different channels a vzaimodeystiya. The version of Oracle Retail 14.1 allows the retail companies to support interaction with buyers and purchases in any point, at any time and using any devices.

The solutions Oracle Retail provide a number of competitive advantages for the companies of retail business aiming to conform to requirements of a difficult modern "way of the consumer" (consumer journey – a full stroke of all customer interactions, from search of goods before its acquisition). Among them:

  • The new functionality supporting the optimized management of warehouse stocks and transparency of information on trade inventories for all sales channels allows buyers to purchase the desirable while they want it, and by that method which they want, and at the same time provides personnel of shop with information necessary for sale "rescue".
  • The advanced mobile functions and the improved integration with the system of e-commerce allowing to provide optimal perception by the buyer of process of interaction with the retailer using any of sales channels and any of devices.
  • Simplified and the intuitive interfaces for business users based on the role principle business processes and dashboards for implementation of the best business practices corresponding to a context and based on real data.
  • The advanced scientific algorithms which are built in Oracle Retail Predictive Application Server allow to improve processes of automation, forecasting and optimization.
  • The advanced platform of a corporate class which allows the companies of retail to manage with bigger ease a set of promptly developing business processes and models and also to expand a product line, to master new product segments and sales channels and to perform expansion on the new regional markets thanks to the simplified integration between the solutions Oracle Retail Planning for planning and.
  • The updated Oracle Retail Reference Library contains data on implementation of business process models, structure charts and information taking into account the major improvements in the new version.

2014: Oracle Retail version 14

On January 3, 2014 the Oracle corporation announced a release of version 14 of the Oracle Retail software product. The updated system contains new features and opportunities for automation of retailers. The complex of technologies of this product family helps to provide versatile customer interaction, to create a target product line, to increase effective management of stocks, promotes decrease in total cost of ownership.

  • Clients have an opportunity to pay, receive or return goods by means of any of channels of interaction that is promoted by processes of merchandising and planning in Oracle Retail version 14.
  • The new version contains the optimized possibilities of the preconfigured integration, a broad spectrum of the application programming interfaces (API) and the infrastructure accelerating processes of implementation and providing deployment of system modules taking into account restrictions of an information architecture of the retailer.
  • High data processing rate is provided by the solutions Oracle Retail version 14 being optimized for deployment on hardware and software systems, servers and storage devices of Oracle.

The new functionality shops process goods even more simply for the buyer, irrespective of storage location of trade inventories as the transparency of information on a remaining balance at the level of shops is provided, online - there is possible an information search about existence of goods in other shop, in real time, order placement and purchases of goods within one transaction is supported, return of goods - irrespective of the channel in which it was purchased can be supported.

Practices and analytical tools taking additional value from the available amounts of data are presented in this version of Oracle Retail, helping the retail companies to create the optimal range, both for the electronic sales channel, and for traditional shops. Algorithms of creation of decision trees, methods of a clustering of shops, procedures of calculation of the redistributed demand and optimization of use of floor spaces, traditional technicians of demand forecasting mean. All these tools help to create alternative assortment scenarios, to estimate influence of each of them on indicators of separate category and all range in general.

The developed algorithms of a clustering of shops are included in structure of the solutions Oracle Retail to help the retail companies to create a product line taking into account features of demand of target groups of buyers and to optimize distribution planning of floor spaces on clusters of shops. Tools of the analysis and visualization are designed to help retailers to answer a number of questions about clients and the sales demand.

Oracle Retail version 14 provides support of a uniform source of information on existence of a trade inventory. It allows the retail companies to make a trade inventory transparent and available 24/7 for all communication channels with clients and employees.

The new version consolidates in itself bigger number of daily transactions in a supply chain that allows to increase efficiency and accuracy of a complete set of orders in shops, to improve quality of management of a trade inventory of shop, warehouse transactions and merchandising.

In the new version at forecast calculation of demand can be taken into account not only price changes and promo-activities, but also the processes of redistribution of demand happening at change of the range now. As a result the demand forecast uniform for all company forms that helps to optimize process of management of a trade inventory.

The Oracle Retail complex can be implemented both as uniform and as the separate building block solutions integrated with the existing systems or unrolled in any desirable sequence within the program of full-scale IT transformation.

The toolbar helps the staff of IT department of a message monitoring and process management of integration from uniform access point. To the staff of the companies now much more simply and quicker to determine volumes of transactions, average time of a response, to identify errors, providing smooth functioning of systems crucial for business.

Oracle Retail version 14 is the most powerful release on the volume of functionality and investments in development, developers of corporation noted.