By Telecom Lead Team: Wipro Technologies
has launched FLoW, an Oracle-based pricing, supply chain and finance management
solution, for the retail sector.
The solution will provide retail franchises
and wholesalers greater data visibility needed for faster and more accurate
trading transactions.. The technology is a composite solution to the
Oracle Retail Merchandising System (RMS), developed in line with result of
customer feedback.
FLoW will enable users get a comprehensive
view of their wholesale operations in sync with other functionalities of
Oracle’s Retail Suite. This significantly increases visibility and operational
efficiency, as users can now see and manage their Retail, Franchise and
Wholesale operations on one integrated dashboard.
Retail franchises and wholesalers will have
more control over pricing, fulfillment and billing. Additionally, the
solution which is fully aligned with Oracle Retail leverages Oracle
RMS functionalities such as item creation, transfers, and replenishment.
“Customer feedback indicates the need for a
comprehensive retail solution that allows them the best of both worlds and
allows the user to oversee the entire process from beginning to end. Wipro is
uniquely positioned to provide this level of flexibility because of our deep
retail knowledge and experience in working with a wide variety of retail
businesses, across the globe as well as our strong partnership with Oracle,”
said Mike Davies, vice president, Wipro Retail, Europe, Latin America and
Wipro’s Global Oracle Retail Practice.
Wipro’s focus is to integrate legacy
investments and future proof systems used to manage operations, CRM, shrinkage,
ERP, data warehousing, predictive data analytics and price optimization.
Wipro’s capabilities span grocery, fashion, as well as health and wellness
retailing.