Logic has completed the rollout of Oracle Retail Store Inventory Management for a large grocer in southeast Asia. With operations in multiple countries, this retailer was struggling to gain accurate inventory position across their locations and within other integrated systems. These challenges hindered the retailer’s ability to perform business functions such as forecasting and automated inventory replenishment.
Logic has been a key partner since 2013 when they began work on a major merchandise transformation which was completed in 2015. The store operations conversion to the Oracle Retail Store Inventory Management solution involved a team of more than 250 from both the client and Logic.
The Oracle Retail Store Inventory Management solution helps retailers to streamline processes and gives near real-time visibility to inventory levels at individual store locations. While these tools are important for automating core retail practices such as reordering products with low stock levels, Store Inventory Management has become critical for determining stock levels at individual stores in order to support the explosive growth in omnichannel retail. Whether it’s powering a customer’s ability to see in-stock status on a brand’s website, enabling click-and-collect, or supporting distributed (store) fulfillment for online orders, accurate inventory position has become an essential capability in modern retail.
The Oracle Retail Store Inventory Management solution tracks and manages data at the individual SKU level and adjusts stock levels at each location based on store receiving processes, inter-store transfers, inventory adjustments, stock-take / stock-count processes, item damage / open-box status and items placed on hold or reserved for online orders.