+91 62893 56967
info@retechpime.com
Copyright © 2024 ReTechPrime. All Rights Reserved.
At ReTechPrime, we specialize in delivering Oracle Retail solutions to transform your retail operations. With Oracle Retail’s advanced technology and our expert IT services, we help retailers achieve operational efficiency, optimize merchandising strategies, and enhance the overall customer experience.
Our comprehensive understanding of Oracle Retail’s product suite allows us to offer end-to-end services, from consultation to implementation and support. We deliver the full spectrum of Oracle Retail capabilities, ensuring your business thrives in today’s competitive market.
Our consulting services help you get the most from Oracle Retail products, ensuring that your operations are aligned with best practices:
Business Process Optimization: We assess and optimize your merchandising, supply chain, and point-of-sale processes to align with Oracle Retail’s capabilities.
Strategic Roadmapping: Develop a tailored roadmap for implementing Oracle Retail solutions that supports both immediate business needs and long-term goals.
Cloud Migration Strategy: We guide your transition from on-premises systems to Oracle Retail Cloud, enhancing scalability and operational flexibility.
Seamless Integration: Implementing Oracle Retail solutions across your enterprise, with minimal disruption to your ongoing operations.
End-to-End Delivery: From product ordering to customer transactions, we deploy a fully integrated Oracle Retail environment that meets your retail needs.
Project Management: Our expert team oversees every stage of the implementation, ensuring timely and on-budget completion.
ReTechPrime offers comprehensive engineering services to help you design, integrate, and maintain Oracle Retail systems:
System Integration: We ensure seamless integration of Oracle Retail Merchandising (RMS), Oracle Retail Price Management (RPM), Oracle Retail Sales Audit (ReSA), Oracle Retail Xstore Point-of-Service Solutions (Xstore POS) and other modules with your existing IT infrastructure.
Custom Development: Tailor Oracle Retail solutions to your specific business requirements, from custom extensions to advanced reporting tools.
Performance Optimization: We fine-tune Oracle Retail systems to ensure maximum efficiency, from faster processing times to better resource utilization.
To ensure flawless functionality and reliability, we offer robust testing services:
Functional Testing: Validate the core functionalities of your Oracle Retail systems—ensuring processes like merchandising, sales audits, and pricing work as expected.
Performance Testing: Test system performance under various loads to ensure your Oracle Retail solutions can handle peak periods, such as holiday sales or large promotions.
User Acceptance Testing (UAT): Assist end-users to test real-world scenarios, ensuring the system is user-friendly and delivers on all business requirements.
Automation Testing: Streamline the testing process using automated tools to enhance testing efficiency and accuracy for Oracle Retail implementations.
24/7 Support: Our dedicated support ensures your Oracle Retail systems, particularly merchandising functions, run smoothly with minimal downtime.
System Upgrades: Keep your merchandising systems up-to-date with the latest features and security patches from Oracle.
Ongoing Optimization: We continuously monitor and optimize your merchandising performance to meet changing market demands./li>
Achieve Optimal Pricing Across All Channels with AI Precision In the complex world of retail, making data-driven pricing decisions is critical to maintaining profitability and customer loyalty. Our AI/ML-based pricing optimization tool revolutionizes the pricing process by calculating the optimal price for each product across every store and channel with real-time precision, considering over 25 factors beyond traditional elasticity models. With over 95% accuracy, this advanced solution enables retailers to streamline pricing decisions, boost profitability, and enhance customer loyalty.
Unlike traditional elasticity-based approaches, our tool leverages cutting-edge AI/ML algorithms that go beyond elasticity. It calculates optimal prices by analyzing over 25 pricing drivers—including customer behavior, market trends, competitive pricing, inventory levels, and more—ensuring precise, real-time pricing for every product. This comprehensive approach eliminates the overcomplication of pricing decisions while increasing profitability.
Calculates optimal prices at the store and channel level, offering a real-time, profit-maximizing solution.
Utilizes a multi-ML model approach that is 100x more advanced than traditional elasticity-based pricing, ensuring higher accuracy.
Easily set optimization targets and constraints, allowing for informed and flexible pricing strategies tailored to your business goals.
Reduce repricing time to just 5 hours weekly, improving operational efficiency and freeing up resources for other critical tasks.
Our tool is designed to recover up to 10% of gross profit through optimal pricing across the product lifecycle. By continuously recalculating and re-quantifying the number of potential price combinations, our solution ensures that your prices are always positioned for maximum profitability.
Markdown Optimization: Our deep learning algorithms optimize discount levels for each SKU, balancing sales maximization with gross profit retention.
Complete Workflow Automation: Our tool automates the entire pricing workflow—from approving new prices and resolving alerts to checking calculations and evaluating the business impact of every pricing scenario before application.
With a 99% SLA on market data and 99% accuracy in product matching, you can trust that your pricing decisions are always based on reliable, up-to-date information. Plus, our pay-per-use model ensures you only pay for the data points delivered within the SLA, keeping costs transparent and manageable.
5-Hour Repricing: Cut repricing time dramatically to just 5 hours per week.
10% Gross Profit Recovery: Optimize pricing to recover up to 10% in gross profit.
Optimal Profit-Generating Prices: Set and maintain optimal price positions across the entire product lifecycle, backed by 25+ real-time pricing factors.
Eliminate the complexity of pricing decisions and increase profitability with AI-driven precision. Contact us today to learn how our price optimization tool can transform your business.
Seamless Migration Unlocking Cloud Potential Migrating your on-premise applications to the cloud can open doors to unprecedented flexibility and scalability. Our Lift and Shift service specializes in moving your existing applications to the cloud without necessitating complex alterations. By leveraging our extensive experience across platforms like OCI, Azure, and AWS, we ensure a smooth transition that enhances your operational agility while retaining your existing data structures.
Imagine drastically reducing your data center costs while maintaining access to your current technology environment! With Lift and Shift, your organization can embark on a low-risk cloud journey, strategically aligning your IT infrastructure for future growth.
Cost-Effective Strategy: Transition to the cloud without hefty costs associated with application rewrites.
Minimal Downtime: Our expert team ensures a seamless migration with minimal disruption to your services.
Enhanced App Development Agility: Focus your resources on developing new applications, knowing that your existing ones are well-managed.
Expertise at Your Service While the Lift and Shift approach offers significant benefits, it isn’t without its hurdles. IT teams often face challenges such as network latency, data residency concerns, and application security issues. Our end-to-end solutions are designed to tackle these challenges head-on.
With our experienced team guiding you through each step, we streamline the migration process, ensuring that your journey to the cloud is as smooth and efficient as possible. Our solutions include:
Comprehensive Assessment: We conduct a thorough evaluation of your current tech environment to identify potential complexities ahead of migration.
Security and Compliance: Leverage our robust security protocols to safeguard your data throughout the migration process and beyond.
Strategic Planning: We develop a detailed migration strategy that aligns with your organizational needs and maintains operational continuity.
Powering Growth with Innovation
In addition to overcoming challenges, our Lift and Shift service capitalizes on the numerous benefits cloud migration can provide. You’ll experience enhanced scalability, self-service provisioning, and constant innovation—all while adhering to a pay-per-use model that aligns with your budgetary constraints.
The ability to scale resources elastically means you can respond to changing business demands with ease. You’ll have the power to spin up resources or services in real-time, ultimately improving your organization’s response time and efficiency.
Lower Data Center Costs: Reduce physical infrastructure costs while optimizing your IT expenditure.
Self-Service Provisioning: Enjoy the empowerment that comes with user-driven resource allocation.
Continuous Innovation: Keep pace with the latest technological advancements to stay ahead of the curve.
Get Started on Your Cloud Journey Today!
By choosing our Lift and Shift service, you are setting your organization on a promising path toward cloud efficiency and innovation. Trust our experts to guide you through each phase of the migration and help you fully unleash the power of your applications in the cloud.
Merchandising is the cornerstone of retail success. ReTechPrime ensures you unlock the full potential of Oracle Retail Merchandising System (RMS) to streamline your merchandising processes.
Inventory Optimization: With RMS and Oracle Retail Allocation (ORA), optimize inventory allocation and replenishment to ensure products are available where and when they are needed.
Pricing and Promotion Management: Use Oracle Retail Price Management (RPM) to execute pricing strategies by offering promotions and markdowns that drive profitability and customer satisfaction.
Sales Audit & Compliance: Improve financial accuracy and compliance with Oracle Retail Sales Audit (ReSA), ensuring that all sales transactions are accurate and meet financial standards.
Supplier Collaboration: Streamline procurement with Oracle Retail Invoice Matching (ReIM) and Oracle Retail Trade Management (RTM), improving supplier relationships and product availability.
ReTechPrime helps you implement Oracle Retail Xstore to create modern, mobile, and customer-centric in-store experiences.
Enhanced Customer Experience: Xstore POS supports omnichannel transactions, offering customers a seamless shopping experience—whether they shop in-store, online, or through mobile.
Mobile POS: Equip your staff with mobile point-of-service devices for fast and efficient customer interactions, integrated with real-time inventory data from Oracle Retail Merchandising.
Global Operations: Xstore POS is equipped to handle multi-currency, multilingual, and localized tax requirements, ensuring your stores are ready for global expansion.
Oracle Retail Demand Forecasting (RDF): Predict customer demand with precision, allowing you to optimize stock levels and reduce excess inventory.
Oracle Retail Assortment Planning (AP): Ensure the right products are available at the right locations by refining your product mix to align with local customer preferences and sales patterns.
Merchandise Financial Planning(MFP): MFP provides a comprehensive solution for aligning sales targets, budgets, and forecasts, ensuring your financial strategies sync with merchandising and inventory goals.
At ReTechPrime, we understand the complexities of retail and tailor Oracle Retail solutions to meet your specific challenges. With our industry expertise, dedicated support teams, and proven track record, we position your business to thrive in a competitive market.
Retail Expertise: Our consultants have extensive retail backgrounds, providing deep insight into industry challenges.
Custom Solutions: Tailor-made Oracle Retail Merchandising and Xstore implementations align with your business goals.
Scalable Growth: Solutions designed to grow with your business, suitable for startups to large enterprises.
End-to-End Service: From strategic planning to post-deployment optimization, we provide comprehensive support for your Oracle Retail journey
+91 62893 56967
info@retechpime.com
Copyright © 2024 ReTechPrime. All Rights Reserved.