Pepco Group, the leading pan-European variety discount retailer, has chosen Oracle Cloud to support the planned future growth of its brands, PEPCO, Poundland and Dealz. Pepco sells clothing and fast-moving consumer goods such as food, health, beauty products, and general merchandise to families on a budget across Europe.
“The Pepco Group brands serve customers in 14 countries through over 2,000 stores, offering a diverse and constantly evolving range of products, delivering great value to our customers, aided by being a high-volume business. We are confident that the centralised and enhanced inventory management capability that Oracle Retail provides, will improve our operational agility and flexibility through better visibility into inventory and margins,” said Andy Bond, chief executive officer, Pepco Group. “After a rigorous evaluation, we chose Oracle as our partner for this key element of our infrastructure transformation.”
Pepco Group will leverage Oracle Retail Merchandising Cloud Service to unify inventory management and Oracle Enterprise Resource Planning (ERP) Cloud to automate and streamline the organisation’s end-to-end financial management processes.
“Pepco Group needed a technology foundation that would match the requirements of its business and deliver a new level of insight and operational efficiency,” said Mike Webster, senior vice president and general manager, Oracle Retail. “From backend financials to managing complex retail operations, only Oracle Cloud can provide the end-to-end solutions Pepco Group needs to continue its international expansion while supporting multiple accounting approaches, currencies, languages, and legal entities.”