ORACLE PARTNERS COMPLEMENT ORACLE(R) E-BUSINESS SOLUTIONS FOR RETAIL INDUSTRY
Contact:
Letty Ledbetter
Oracle Corp.
650/506-8071
letty.ledbetter@oracle.com
REDWOOD SHORES, Calif., Jan. 22, 2002 - (http://www.oracle.com/tellmemore/?1199215) Oracle Corp. (NASDAQ: ORCL), the largest enterprise software company, announced Oracle`s comprehensive e-business vision and strategy for the retail industry -- focused on reducing costs, simplifying information technology (IT) complexity and providing a consistent 360-degree view of business -- has the support of major partners, including the "Big Five," management consultants, systems integrators, independent software vendors (ISVs) and value-selling consulting firms. In collaboration with its partners, Oracle is helping retailers "do more with less" by transforming fragmented business processes into end-to-end, scalable e-business flows across channels, geographies and brands.
This collaborative e-business strategy and roadmap helps retailers achieve operational efficiencies, improve business intelligence (BI) and realize fast Return on Investment (ROI). At the core of the Web-enabled enterprise solution is a robust and scaleable e-business platform, Oracle9i RDBMS, running off of a single data source. With this enterprise-wide infrastructure, key business functions are managed as integrated, end-to-end business flows across retail areas, such as financials (Measure-to-Manage), trade management (Campaign-to-Cash), human resources (Perform-to-Pay), supply chain, procurement (Procure-to-Pay; Source-to-Pay), real estate/property development (Project-to-Profit) and Collaborative Planning, Forecasting and Replenishment (CPFR). Oracle and its strategic partners` ability to provide a complete footprint, combined with its modular implementation design, is a powerful advantage.
Deloitte Consulting
"As retailers emerge from the most difficult holiday selling season in more than 10 years, virtually every organization is focused on reducing costs and controlling inventories. After September 11, the industry cut operating costs in many key areas but we believe most companies have not yet done enough," said Ed Spangler, global retail segment leader for Deloitte Consulting. "In 2002, retailers will have to dig even deeper for savings and will have to spend money to achieve continued improvements."
"Deloitte Consulting is pleased to be one of Oracle`s preferred integrators within the retail space," says Rich Tragon, Deloitte Consulting Principal, responsible for the Oracle relationship in the Consumer Industry. "Deloitte Consulting and Oracle are working together to develop solutions that offer cost reduction and performance improvement results to retail clients in all segments. Based on lessons learned from Oracle`s successful transformation to an e-Business organization and Deloitte Consulting`s retail-specific toolset, these solutions are designed to deliver true business value by helping an organization`s management team address its the company`s cost structure, asset base, store and back-office activities, as well as the underlying processes, and technologies that often drive many of a retailer`s costs. Oracle`s approach of making the complex simple and doing more with less are the guiding principles of our joint offerings."
KhiMetrics
"Gone are the days when retailers could feast on the profits of the holiday season. Instead, they continue to be examined through the magnifying glass of expectations created by industry analysts, Wall Street and shell-shocked consumers," said Brent Lippman, chief executive officer (CEO) of KhiMetrics, an Oracle partner company. "They are still looking for answers to ever-present razor-thin margins; one solution is the engine of the Oracle(r) database that powers the retail revenue management software from KhiMetrics."
"By helping retailers set prices that are true to a company`s brand and price image, those willing to adopt retail revenue management solutions are seeing increases in gross margins and profitability that respect today`s savvy consumer who is price-conscious. Without Oracle, retailers could not employ such sophisticated solutions with such a high level of confidence and integrity," Lippman added.
KPMG Consulting, Inc.
"The burden of `Holiday 2001` expectations has been lifted for retailers, but a `New Year` has not suddenly brought `New Priorities` for the industry", states Jerry Blaesing, senior vice president of Retail/Wholesale for KPMG Consulting, Inc. "Retailers remain focused on reducing costs, enhancing margins, increasing revenue, and optimizing their workforce. We expect this trend will continue for most of 2002. `Business fundamentals` and `operational efficiency` dominate the lexicon of all retail executives."
"Oracle`s retail applications, such as in-store development, have the power to fulfill this immediate demand. By standardizing processes and removing any drag on a retailer`s progress -- and balance sheet --Oracle`s applications and technology -- can accelerate business impact. When implemented with our Rapid Return on Investment (R2i) methodology, these impacts have more predictability and less risk -- a convincing value proposition we`re eager to pursue with Oracle," KPMG Consulting`s Blaesing added.
Sun Microsystems
"Retailers today are being forced to streamline costs and improve services. Working together, Sun and Oracle provide a strong alliance and technology synergy that supports and creates competitive advantages for retailers," said Alan DeClerck, senior director, Oracle Business Unit, Sun Microsystems, Inc. "Oracle`s Internet-enabled Oracle E-Business Suite deployed on the Sun enterprise-class platform helps reduce costs and increase efficiencies needed for the retail industry. Another example of our joint commitment to customers is the Sun and Oracle Applications Technology Center (SOATC), a unique and valuable resource to pre-test Oracle solutions on Sun, helping customers reduce risk."
Tomax Corporation
"The combination of Oracle`s ERP and CRM applications with Tomax` industry-leading retail store applications delivers a powerful, deeply integrated, Web-based solution," said T. J. Lamphier, director, Oracle business development, Tomax Corporation. "Our joint solution, called `retail-in-realtime(tm),` enables retailers to manage their customers, items and vendors using one single view across the enterprise with far less complexity than traditional approaches."
"Tomax is delighted to be Oracle`s partner in the retail-in-realtime(tm) revolution," said Eric Olafson, president and chief executive officer (CEO), Tomax Corporation. "We work closely with the Oracle development team to provide a deeply integrated Web-based solution for retail. Together, we bring unprecedented scalability, flexibility and power to the chain retailer. "
Partners Endorse Oracle`s "Complete Footprint/Modular Design"
In designing its e-business strategy and products, Oracle allowed for a gradual customer migration strategy. As a result, retailers can begin with individual Oracle E-Business Suite modules or business flows, and integrate them with applications from other vendors in a legacy system. They also can license and run Oracle applications as an online service-a particularly important alternative when business needs grow, yet information technology (IT) budgets do not.
While other software companies offer a crazy-quilt approach to Web migration, Oracle is unique among enterprise solution providers in several key areas:
* Oracle provides the only complete, end-to-end, standardized e-business solution, featuring 100 percent Internet-pure database, application server (Oracle9iAS) and integrated suite of e-business applications -- all working off of a single data model;
* Oracle`s e-business applications, built from the ground up to work together, also are available as an online service, and as single-point solutions and rapid-implementation business flows that integrate with legacy and third-party systems;
* Oracle has broad market penetration as the world`s top-rated relational database management system vendor (RDBMS), and its databases run the majority of enterprise software applications (ERP, CRM and SCM) in use today.
Additionally, Oracle is a preferred partner because the software company has the stability, size and proven track record major retail customers are looking for.
About Oracle
Oracle is the world`s largest enterprise software company. For more information about Oracle, visit our Web site at www.oracle.com.
# # #
Trademarks
Oracle is a registered trademark and Oracle9i is a trademark or registered trademark of Oracle Corp. Sun, Sun Microsystems and the Sun logo are trademarks or registered trademarks in the United States and other countries. Other names may be trademarks of their respective owners
Back...
