oracle retail store inventory management

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ORAC CLE DATA SHEET │ ORACLE RETAIL STORE INVENTORY MANAGEMENT PROVIDES REAL-TIME, MULTI-CHANNEL ACCESS TO CENTRALIZED PERPETUAL INVENTORY FOR ALL CHANNELS. KEY CAPABILITIES Streamline in-store 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 store-level profit and loss O ORACLE RETAIL S STORE INVENTORY MANAG GEMENT Int today’s customer-centric environment, one of the big ggest challenges a re etailer faces is lost sales opportunities caused by ou ut of stock pos sitions or worse, because the store associate was una able 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. Man naging In-Store 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 personnel l 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 mer rchandise, and transferring stock. Figu ure 1. Oracle Retail Store Inventory Management Stock Item Detail 1

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Page 1: Oracle retail store inventory management

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

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dheld wireless devices, store managers and store personnel can now quickly

easily perform an array of in

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chandise, and transferring stock.

re

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EMENT

n  gest

a r t of stock 

po ble to locate an 

ite rate inventory 

po e 

thi

Ma

Or ry position

vis anagement and

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ha can now quickly

an ceiving

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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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