08 January 2009

News : Retail

Al Safeer Group chooses Oracle

Published:: 20 October 2008
Article Type:: News

Al Safeer Group, a company with interests in retail, malls, entertainment and real estate across the Middle East, has selected Oracle Retail Applications and E-Business Suite.

Oracle Applications will replace a number of existing systems, consolidating all financial and operational information across the business.

The platform is designed to allow Al Safeer to co-ordinate merchandising and supply chain operations, helping it to optimise inventory, store and division performance and offer a better customer shopping experience.

It will also provide enhanced visibility of retail operations, which should help the company collaborate more effectively with suppliers, improve tracking of inventory to reduce stock levels in stores and warehouses and improve profitability.

The E-Business Suite will be used for financial management, human capital management and projects along with the Oracle Database.

Global business and IT consultancy Satyam is providing consultancy, implementation and training services to Al Safeer for the deployment.

Mahesh Kalwani, executive director of Al Safeer Group, said: “Oracle will help enable Al Safeer to improve our business performance by streamlining and integrating processes into a single cohesive enterprise and taking a best-practice approach to managing our information.”

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