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RACLE RETAIL TORE INVENTORY MANAGEMENT
oday’s customer
tailer faces is lost sales opportunities
it
itions, track where that inventory is, and can provide
information for
aging In
cle Retail Store Inventory Management can
bility,
ductivity, reduce labor costs, support remote store processes, and manage
e
dheld wireless devices, store managers and store personnel can now quickly
easily perform an array of in
chandise, managing phy
chandise, and transferring stock.
re
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EMENT
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Fig
ORA
STORE INVENTORY MANA
centric environment, one of the bi
o
because the store associate was un
A store inventory system helps you maintain acc
positions, track where that inventory is, and can provi
provide invent
store activities, improve merchandise
productivity, reduce labor costs, support remote store process
speed internet connect
handheld wireless devices, store managers and store personne
store operations, including r
sical inventories, conducting stock
ORAC CLE DATA SHEET │
ORACLE RETAIL STORE
INVENTORY MANAGEMENT
PROVIDES REALTIME,
MULTICHANNEL ACCESS TO
CENTRALIZED PERPETUAL
INVENTORY FOR ALL
CHANNELS.
KEY CAPABILITIES
• Streamline instore activities,
including receiving
merchandise, conducting
stock counts, ordering
merchandise, or transferring
stock
• Improve merchandise
management and productivity
• Reduce labor costs
• Support remote store
processes
• Manage storelevel profit and
loss
OORACLE RETAIL SSTORE INVENTORY MANAG GEMENT
In ttoday’s customercentric environment, one of the big ggest challenges
a reetailer faces is lost sales opportunities caused by ou ut of stock
pos sitions or worse, because the store associate was unaable to locate an
item m. A store inventory system helps you maintain accu urate inventory
pos sitions, track where that inventory is, and can provid de visibility to
this s information for all channels, saving the sale.
Mannaging InStore Inventory Activities
Ora acle Retail Store Inventory Management can provide invento ory position
visi ibility, streamline in-store activities, improve merchandise m management and
pro oductivity, reduce labor costs, support remote store processe es, and manage
stor re-level profit and loss. Using a high-speed internet connecti ion and portable
han ndheld wireless devices, store managers and store personnell can now quickly
and d easily perform an array of in-store operations, including re eceiving
mer rchandise, managing physical inventories, conducting stock counts, ordering
merrchandise, and transferring stock.
Figuure 1. Oracle Retail Store Inventory Management Stock Item Detail
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ORACLE DATA SHEET │
Benefits of Store Inventory Management
• Prevents stock-outs and overstock using in-store location level tracking
• Helps “save the sale” by using real-time cross-store inventory access
• Maximizes staff availability to customers for improved customer service
and satisfaction
• Streamlines in-store processes for increased efficiency
• Improves control of inventory management, for reduced carrying costs
• Minimizes the need for extensive staff training
• Enables the performance of back-office business functions anywhere in
the store
• Facilitates the rapid delivery of merchandise to the sales floor, so that
customers find the items they want
• Allows the tracking of merchandise movement within the supply chain
for improved visibility
• Assists with maintaining accurate perpetual inventory with full
inventory stock count capability
Key Features of Store Inventory Management
• Near real-time data updates to merchandising systems
• Direct inventory updates from point-of-sale systems
• Create and ship transfers from the store
• Receive Direct Store Delivery (DSD), purchase orders, transfers and
warehouse deliveries
• Receive inbound Advanced Shipping Notice (ASN), cartons and pallets
• Create on the fly supplier deliveries with or without existing purchase
order
• Access item, supplier and container data
• Access key inventory information, including available on-hand stock and
quantities in transit for any store in the company
• Create unit and financial inventory adjustments
• Perform stock counts—24 hours a day, 7 days a week
• Complete in-store shelf replenishment
• Create Return to Vendor (RTV) for sellable and unsellable merchandise
• Setup, receive, track and manage UINs (Unique Identification Numbers)
• Manage with Role-based security; store controlled, LDAP or a hybrid
• Reserve inventory for customer orders
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ORACLE DATA SHEET │
Figure 2. Oracle Retail Store Inventory Management Role Based Security
Oracle Retail Integrations
Oracle Retail Store Inventory Management is fully integrated with the Oracle
Retail Merchandising System, Oracle Retail Warehouse Management System,
Oracle Retail Price Management and Oracle Retail Point-of-Service to provide
near real-time data communications between individual stores and the corporate
office—eliminating the need for nightly batch processing. With real-time access
to the store data across the organization, Oracle Retail Store Inventory
Management helps ensure that business decisions are based on timely, accurate
information.
Oracle Retail Store Inventory Management, coupled with the Oracle Retail
Merchandising System, provides the power and processes behind day-to-day
buying and selling activities with easy-to-use features that minimize the need for
extensive training, IT experience, or expensive software and hardware
investments. Coupled with Oracle Retail Point-of-Service, it provides an improved
customer experience in store by giving accurate on hand positions within the
store or at another location.
Oracle Retail Store Inventory Management Independence
Oracle Retail Store Inventory Management is able to be decoupled from the
Oracle Retail Integration Bus for customers who want to deploy Oracle Retail
Store Inventory Management in environments in which they do not have the
Oracle Retail Merchandising System or Oracle Retail Warehouse Management
System. Decoupling Oracle Retail Integration Bus introduces a standards-based
set of staging tables, to improve stability between Oracle Retail Store Inventory
Management and Oracle Retail Integration Bus.
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ORACLE DATA SHEET │
RELATED SOLUTIONS
• Oracle Retail Mobile Store
Inventory Management
• Oracle Retail Merchandising
System
• Oracle Retail Warehouse
Management
• Oracle Retail Price
Management
• Oracle Retail PointofService
About Oracle Retail
Key Features of Store Inventory Management Independence
• Retailers are able to perform maintenance on the Oracle Retail
Integration Bus servers without affecting Oracle Retail Store Inventory
Management online activities
• Quality assurance efforts are able to start earlier during
implementation, because an Oracle Retail Integration Bus deployment is
not immediately required
• Reduces licensing costs and deployment complexity, because the Oracle
Retail Integration Bus does not need to be deployed to integrate with
third-party applications
• Improves messaging maintenance for Oracle Retail Integration Bus
Internationalization
Internationalization allows retailers to implement Oracle Retail Store Inventory
Management in other countries in which they do business. Oracle Retail Store
Inventory Management is currently available in the following languages: Chinese
(Simplified), Chinese (Traditional), Dutch, English, French, German, Greek,
Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish,
Swedish and Turkish.
Oracle provides retailers with a complete, open and integrated suite of business applications, server and storage
solutions that are engineered to work together to optimize every aspect of their business. 20 of the top 20
retailers worldwide - including fashion, hardlines, grocery and specialty retailers - use Oracle solutions to drive
performance, deliver critical insights and fuel growth across traditional, mobile and commerce channels.
Contact Us
For more information about Oracle Retail Returns Management, please visit oracle.com/goto/retail or email
[email protected] to connect with an Oracle representative.
Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
This document is provided for information purposes only and the contents hereof are subject to change without notice. This document is not warranted to be errorfree, nor subject to any other warranties or conditions, whether expressed orally or implied in law, including implied warranties and conditions of merchantability or fitness for a particular purpose. We specifically disclaim any liability with respect to this document and no contractual obligations are formed either directly or indirectly by this document. This document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without our prior written permission.
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. 0109
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