Oracle Retail Merchandising Cloud Services solution is in fashion at African retailer Mr Price Group
Fashion retailer Mr Price Group has deployed Oracle Retail Merchandising Cloud Services.
“We needed to modernise our retail infrastructure and leverage cloud technology to establish a sustainable and stable application foundation for our high volume processes,” says Kim Sim, Chief Information Officer, Mr Price. “Our vision is to be the most valuable retailer in Africa and we know that Oracle’s proven cloud platform can help us meet the needs of our growing community.”
With help from Oracle Partner Network (OPN) member OLR Retail, Mr Price shed its home grown inventory management systems with custom built designs and embarked on its journey to the cloud.
With Oracle Retail Merchandising Cloud Services, it gains pricing, trade management, invoice matching, and sales audit capabilities out of the box.
Retailers can consolidate and simplify disparate processes across multiple business units into a single standardised process to help increase business agility and streamline operations.
The implementation also built on Mr Price’s use of Oracle Retail Merchandise Financial Planning.
“Oracle Retail Cloud Services was able to help us supercharge our unique business process, data models, and systems in the cloud to support each of our business units better,” says James Spalding, Chief Executive Officer, OLR Retail.
“As new capabilities are added to the platform, we can continually innovate to best serve our customers, business, and communities.”
The business transformation impacted merchandise planners, buyers, supply chain planners, finance experts, e-commerce experts, and technology teams.
“Change Management is not a person or a project team - it’s a collective culture across the business that needs support from the top executives in the company,” says Sim.
“Invest in your project team. We placed an intentional effort on building the right team culture of extreme ownership and psychological safety – which helped lead us to a successful implementation.”
“An enterprise transformation of this scale is not without its challenges, but with the pace of retail today, it’s riskier not to change,” says Antony Wildey, Vice President of Solution Consulting, Oracle Retail.
“Congratulations to the team at Mr Price for persevering through several unique environmental and geopolitical challenges to emerge with the modern platform that supports their future endeavours.”
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