|
Enterprise software developer, Oracle Corp. recently
released the newest version of its retail software
suite, Retail Release 13.
Dubbed
by the company as the world’s most complete and
integrated suite of software application for
insight-driven retailing, Retail Release 13 was
developed in response to the dramatic transformation
currently happening in the retail industry.
“The
retail landscape is transforming such that traditional
avenues of value creation alone are no longer viable,”
said Duncan Angove, general manager and senior vice
president, Oracle Retail said in a statement.
He added
that: “To survive, retailers must find new approaches to
grow and to increase shareholder value.”
According to the company, Retail Release 13 is the
result of strategic acquisitions of best-of-breed
applications as well as its long-term vision in aiding
retailers in key segments including fashion, grocery and
hard-lines to drive more profitable customer
relationships.
A new
feature is the inclusion of a regular price optimization
feature which completes the full-life cycle price
optimization suite to deliver enhanced margin, sales and
customer-centric pricing.
Another
addition is a merchant workspace feature that provides
Oracle Retail Release 13 users with single sign-on,
dashboard and reporting capabilities across solutions.
Its wholesale functionality capabilities enable
retailers with a new channel opportunity to grow market
share by selling products to other businesses.
For
retailers growing their business internationally, global
performance capabilities will include “Multiple Sets of
Books” functionality and stock ledger value-added tax
enhancements.
The
software’s advanced security features will enhance
user-activity logging and secure implementation
documentation to help protect customer information.
|
