Marionnaud, Europe's
largest perfumery and cosmetics retail chain, has changed how it
manages its supply chain and reports financial details following
the implementation of Oracle Retail merchandising applications.
Marionnaud, an existing Oracle E-Business Suite user, aims to
improve inventory management and boost financial performance in the
highly competitive French market.
The Oracle Retail implementation provided the French retailer
with greater visibility to data that connects the supply chain,
stores and the back office. This led to a re-structuring of
processes that affect inventory, financial management and reporting
to promote more accurate decision-making across the business.
The implementation, which took a year, covers merchandising,
stock allocation, invoice matching and data warehouse applications.
It replaced outdated and inflexible legacy systems, the firm said
in a statement.
The new systems will help Marionnaud to refine and optimise
merchandising, planning and supply chain processes. The retail will
also benefit from better invoice matching, more accurate allocation
of products between warehouses and stores and enhanced inventory
management.
Oracle has a strategic relationship with Marionnaud's parent
company, the AS Watson
Group. The group operates more than 8,000 retail stores that
sell health & beauty, luxury perfumeries & cosmetics to
food, electronics, fine wine and airport retail arms. AS Watson is
part of
Hutchinson
Whampoa, the £32bn Hong Kong conglomerate. Oracle Retail will
improve communication between the retailer and its parent company,
it said.