German retailer looks to Oracle’s retail merchandise and cloud ERP offerings to increase productivity, reduce costs, simplify its operations and foster growth.
Peek & Cloppenburg, a family-owned fashion retailer renowned for its presence on the German high street since 1901, has selected Oracle retail and finance cloud applications to streamline its operations and optimise inventory management across its global footprint.
The iconic department store chain operates 160 stores across 16 European countries, reaching millions of customers annually. With the Oracle Cloud solutions, the brand will be able to reduce costs, simplify its operations and grow its business while better supporting the needs of its customers.
“Replacing our legacy systems with a modern platform will give us the flexibility and scalability we need to adapt to a rapidly changing industry,” said Kristian Hertel, Director Global IT, Peek & Cloppenburg. “With best-in-class Oracle Cloud ERP and retail solutions we can better manage inventory for our private label and name-brand merchandise while gaining operational efficiencies and growing margins.”
In collaboration with Retail Consult, the brand will implement several applications in the Oracle Retail Suite. The brand will also deploy Oracle Fusion Cloud Applications for finance and warehouse management. The Oracle solutions will provide a centralised approach that can help the brand streamline its processes, boost efficiency, and deliver cross functional insights faster to support critical business decisions.
“I have had the honour of experiencing Peek & Cloppenburg’s legendary quality and store service and admire its unwavering commitment to excellence that has spanned over a century,” said Alex Alt, Executive Vice President and General Manager, Oracle Consumer Industries.
“With Oracle’s modern, connected platform, Peek & Cloppenburg will have the agility to innovate across its organization and gain the data visibility and intelligence to make more informed business decisions, optimiSe inventory, and continue to deliver the products and personalised touch customers have come to expect.”
