News

Saks selects Oracle apps to help drive cross-channel growth

April 2, 2012

Saks Incorporated has selected Oracle Retail Merchandising, Planning and Optimization applications and the Oracle E-Business Suite 12.1 to help integrate business operations and improve margins and profitability across all channels, Saks EVP and CIO Michael Rodgers said in a company press release.

"Oracle provides us with a modern technology platform on which we can support our omni-channel approach to the business and build a next-generation retail environment," he said. "We will use the integrated Oracle Retail solutions to enable our vision of one customer/one product/one inventory, through a seamless set of business processes supported by proven technology tools."

The Oracle implementation is part of a business-wide initiative to establish a modern, flexible and scalable IT platform that will provide finance, human resources, merchandising, commerce and store operations teams with real-time, mobile access to sales, inventory and performance data they require, Rodgers said.

Saks plans to use the solutions to improve performance by identifying emerging trends across commerce, store and mobile channels and to manage offerings to meet customer preferences. Oracle E-Business Suite 12.1 will help the retailer transform global financial and human resources operations with faster and more simplified reporting and increased visibility into performance metrics, according to the press release.

By implementing a complete suite of pre-integrated Oracle solutions and using a full Oracle technology stack that includes Oracle Fusion Middleware and Oracle Database 11g, Rodgers said Saks expects to lower costs associated with maintaining disparate systems and enable employees to spend more time on value-add activities.

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