Wipro launches tech solution for retail sector

NEW YORK: Wipro Technologies, the Global IT, Consulting and Outsourcing business of Wipro Limited, on Tuesday announced the launch of ‘FLoW’ an Oracle-based Pricing, Supply Chain And Finance Management Solution, for the retail sector.

The solution will provide retail franchises and wholesalers greater data visibility needed for faster and more accurate trading transactions, said a press release. The technology is a composite solution to the Oracle Retail Merchandising System (RMS), developed in line with result of customer feedback.

‘FLoW’ will enable users to get a comprehensive view of their wholesale operations in sync with other functionalities of Oracle’s Retail Suite. This increases visibility and operational efficiency, as users can now see and manage their retail, franchise and wholesale operations on one integrated dashboard, claims the company.

The flexibility of the solution means that retail franchises and wholesalers have more control over pricing, fulfillment and billing. Additionally, the solution which is fully aligned with Oracle Retail leverages Oracle RMS functionalities such as item creation, transfers, and replenishment.

“Historically, retail suites have offered broad functionality for the general retail environment, but not much has been done for the benefit of franchises and wholesalers. Customer feedback indicates the need for a comprehensive retail solution that allows them the best of both worlds and allows the user to oversee the entire process from beginning to end,” said Mike Davies, VP, Wipro Retail — Europe, Latin America and Wipro’s Global Oracle Retail Practice.

“Wipro is uniquely positioned to provide this level of flexibility because of our deep retail knowledge and experience in working with a wide variety of retail businesses, across the globe as well as our strong partnership with Oracle,” he concluded.