Azizia Panda United (APU), hypermarket HyperPanda and supermarket chain Panda in Saudi Arabia selected Oracle solutions to optimize core retail operations.
Panda retail chain, which is operating 102 supermarkets and 47 hypermarkets across Saudi Arabia and the United Arab Emirates, selected Oracle systems to increase its market share by growing existing and new business models.
The applications will cover retail, corporate, and warehouse management solutions, Oracle said in a statement.
Oracle Retail Merchandising Operations Management solutions will help to streamline and integrate operations, optimize inventory management, enhance pricing and improve the value of data across the business.
Panda plans to use Oracle Retail Merchandising Analytics and Oracle Retail Customer Analytics to provide insights into critical performance indicators that track sales, margin, inventory and supplier activities to drive more profitable decisions and enhance the customer experience.
As part of the deal, Panda will use components of Oracle Retail Merchandise Planning, Oracle Retail Supply Chain Planning and Execution and Oracle Retail Stores solutions to enhance inventory lifecycle from planning and forecasting through the supply chain and into stores, improving buying and management of products, particularly fresh and non-food items.
In addition, it selected other Oracle applications including the Oracle E-Business Suite, Oracle Business Intelligence, as well as Oracle Database and several components of Oracle Fusion Middleware to create an end-to-end enterprise platform.
Fawaz Kilfaden, APU IT Director, said: “Oracle will support our current and future business strategy, enabling us to diversify and build our brand, improve our speed to market, and qualify and manage risks and opportunities moving forward.”