LONDON and REDWOOD SHORES,
Calif., July 9, 2019 /PRNewswire/ --
Pepkor Europe, the leading pan-European variety discount retailer,
has chosen Oracle Cloud to support the planned future growth of its
brands, PEPCO, Poundland and Dealz. Pepkor sells clothing and
fast-moving consumer goods such as food, health, beauty
products, and general merchandise to families on a budget across
Europe.
"The Pepkor Europe 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, Pepkor Europe. "After a rigorous evaluation, we
chose Oracle as our partner for this key element of our
infrastructure transformation."
Pepkor Europe 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.
"Pepkor Europe 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
Pepkor Europe needs to continue its international expansion while
supporting multiple accounting approaches, currencies, languages,
and legal entities."
About Oracle Retail
Oracle is the modern platform for
retail. Oracle provides retailers with a complete, open, and
integrated platform for best-of-breed business applications, cloud
services, and hardware that are engineered to work together.
Leading fashion, grocery, and specialty retailers use Oracle
solutions to accelerate from best practice to next practice, drive
operational agility and refine the customer experience. For more
information, visit our website at www.oracle.com/retail.
About Oracle
The Oracle Cloud offers a
complete suite of integrated applications for Sales,
Service, Marketing, Human Resources, Finance, Supply Chain and
Manufacturing, plus Highly-Automated and Secure Generation 2
Infrastructure featuring the Oracle Autonomous Database. For
more information about Oracle (NYSE: ORCL), please visit us
at oracle.com.
About Pepkor Europe
Pepkor Europe was established in
2015 and comprised three strong, independent value retailers PEPCO,
Poundland and Dealz. Its vertically-integrated global
sourcing arm, PGS enables its retail brands to deliver the value
its customers demand in general merchandise and apparel. In FMCG,
thanks to its scale, it can offer widely recognised grocery brands
at a significant discount.
PEPCO, Poundland & Dealz operate across some of Europe's largest economies. Pepkor Europe now
has 2,473 stores in 14 countries including the UK, the Republic of Ireland, Spain and across the CEE region, employing
over 33,000 people.
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SOURCE Oracle