In a recent inventory and supply chain webcast and demonstration, Oracle Retail Master Consultant Danny Beltran depicts the Store Inventory Operations Cloud Service's flawless execution from omnichannel fulfillment through a streamlined process with notifications to speed up the picking process. If you missed the live demonstration of these three stock associates for inventory adjustments, in-store replenishment, and cycle count execution, catch it on-demand.
Optimizes store inventory operations
Delivers processes in support of accurate real-time inventory
Provides enterprise-wide visibility to stores' discrete inventory position
Executes omnichannel customer fulfillment
Supports in-store associate mobility
Facilitates global deployments
A: Depending on the retailer, implementations can take between 4-6 months. Single store pilots are typically up and running in about 3 months. The complexity of the retailers’ environment (integrations and business processes) can further impact the timeline.
A: Store Inventory Operations Cloud Service is device agnostic and works on iOS, Android or Windows 10.
A: While many point of sales solutions, including Oracle Retail Xstore, have a basic inventory capability, Store Inventory Operations Cloud Service is completely focused on all aspects of store inventory management and customer order fulfillment. It takes inventory management to a more granular level for retailers who require serialized inventory (Telco, Jewellery) and who are implementing RFID. In addition, for customer order fulfillment, it guides the associate in the pick, pack, and ship or pick, pack, and hold process for customer orders. It also automatically prompts users to bring backroom inventory to the shop floor based on POS sales, current stock levels, or manual shelf scans, which increases inventory productivity, sales, and customer satisfaction.
A: Store Inventory Operations Cloud Service is quite a key integration point in the Oracle Retail portfolio, and it has integration with:
It is also designed to integrate with third-party RFID solutions. Oracle Retail is working with a variety of RFID partners and the open APIs can take a stream from any RFID provider, including exact locations and quantities of items and their tags.
A: The solution does not require RFID tagging. One of the big benefits of Store Inventory Operations is that it can handle items that are RFID tagged and items that are not. It does handle weighted items, so it can support receiving in kilograms or pounds, for example.
Transformation items are interesting in terms of how retailers handle the build-to-sell and break-to-sell items, and there's a variety of ways to do that. Oracle Retail is partnering with its consulting team, Oracle Retail Consulting, around an ingredients management accelerator that will integrate with Store Inventory Operations to manage the actual ingredient inventory in the store during store production.