Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Subscribe
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Subscribe
    Home Applications
    • Applications
    • IT Management

    Oracle Offers PIM Capabilities to Retailers

    Written by

    Dan Berthiaume
    Published January 25, 2008
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      Oracle is expanding its Oracle Retail product suite by adding an application that will enable businesses to more easily manage product information for themselves and their supply chains.

      The software giant is positioning the Product Information Management for Retail software as a master data management application designed to allow global retailers to create a single enterprise view of all product information for themselves and their supply chain partners. The offering is intended to integrate, standardize and synchronize product data from multiple systems into a single central data repository to deliver product information.

      According to Oracle Retail Senior Director Gladys Lau, Oracle decided to develop a retail-specific version of the PIM solution from its e-business application suite in response to an industry need to consolidate information among trading partners. Oracle introduced the product Jan. 14 at the annual NRF (National Retail Federation) show in New York.

      “A consolidated, single version of the truth gets product to the shelf faster,” Lau said. “Helping our [retail] customers get their products to market faster is a critical piece. It’s about speed as well as having the right level of information.”

      She said the offering allows retailers to manage data at the SKU, size and color levels.

      Click here to read about how Oracle’s consolidation strategy is paying off.

      George Lawrie, an analyst with Forrester Research, said retailers’ need for synchronized, standardized item data to share with their supply chain partners drives the market for retail PIM technology.

      “It’s pretty interesting that IT vendors are spending quite a lot of effort in helping firms to clean up their customer data,” Lawrie said. “But in retail, item data is vital to drive supply chain efficiencies. Retailers and [their] supply chain partners need to standardize the weight and cube of an item on a shelf, but also in a case and on a pallet, to undertake effective space management [and] also to optimize truck loads and warehouse utilization.”

      In addition, he said retailers can use PIM technology to improve efforts to optimize price and merchandise.

      “Other attributes drive the substitute/complement logic in merchandise and price optimization,” Lawrie said. “Most retailers synchronize data from manufacturers but then enrich it themselves. They need a PIM system to do this in a controlled way.”

      Oracle Product Information for Retail is built on an open-standards-based integration architecture and has flexible configuration capabilities. The solution is certified out of the box for GDSN (Global Data Synchronization Network) and 1Sync data pool.

      Dan Berthiaume
      Dan Berthiaume

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.