Morrisons signs strategic core retail platform deal
Morrisons plans to create a core retail platform to support its future growth.
Morrisons has decided not to develop its systems in-house, after identifying that its existing systems could not effectively support the company's plans for growth. The supermarket chain has entered into a strategic relationship with Oracle covering an extensive range of solutions.
Morrisons has purchased: a Retail suite of merchandising, planning and stores applications the E-Business Suite for financials, HR/payroll and manufacturing Siebel CRM Fusion Middleware including SOA Suite and Identity Management and a database.
The company plans to implement the products over the next five years to help enable its business transformation programme, and provide an improved shopping experience for customers in its 375 stores across the UK.
Gary Barr, IT director at Morrisons, said, "We expect the solutions to offer a breadth of functionality and a level of data that will promote a more accurate assessment of business performance.
"This will help us to turn information into profitable business decisions and deliver an enhanced experience to the nine million customers that walk through our doors each week."
The value of the deal has not been disclosed.