Tuesday, June 16, 2009

IT players in Retail field

Retalix is one of the leading software providers in the Retail sector. It’s North American headquarters is located in Dallas ,Texas. Retalix software is designed to be modular, scalable to large transaction volumes, capable of handling rapid scanning with high reliability. The product is compatible with multiple store format and hardware systems.
Retalix is fulfilling the role of a true strategic technology partner by helping their clients to adapt to rapidly changing market requirements by using the multi format Retail solution. With the help of constant industry interaction they fine tune their solution portfolio continuously. The breadth of functionality and versatility of Retalix solutions has enabled Retalix to achieve a sizeable market penetration. With installations in more than 25,000 stores and quick service restaurants across 44 countries Reatalix has emerged as a significant player in this market.

After a fierce battle with SAP, Oracle has recently completed its acquisition of Retek, one of the leading software product vendors in Retail sector. With the help of this acquisition Oracle has gained a competitive edge in the market place. Oracle’s Retail solution a combination of technology and comprehensive business application helps the retailers to do their forecasting and demand planning in a more accurate manner. It streamlines the supply chain operation and helps the business to reduce the supply chain costs and to accelerate the inventory turn over process. It has the capability of handling different kinds of pricing and promotions. Effective supplier collaboration is also possible through Oracle’s solution.

SAP worlds most successful ERP vendor is also a front runner in the Retail Industry segment. SAP’s Retail solution is an Industry specific solution that is tailored to the specific standards, process and challenges of Retail industry. It delivers rich functionality productivity building tools through out the organization and they help the business to adopt the best business practices that SAP has developed in over 30 years of working with industry leaders worldwide. SAP’s solution is modular in nature and it gives the flexibility to the business to select the building blocks and it ensures faster implementation. SAP offers easy integration and virtually unlimited scalability.
SAP has more than 2700 customers in the Retail industry worldwide. SAP has recently completed the acquisition of Triversity. According to the market analysts SAP will be able to extend its market leadership with the help of this acquisition.
For nearly two decades, Triversity has been a leader in the worldwide retail marketplace with solutions deployed in 32 countries. Triversity delivers flexible, comprehensive, retail market-leading solutions that include traditional and enterprise point-of-sale, store inventory management, POS loss prevention, customer loyalty, stored value, store back-office and in-store and multi-channel customer service. These solutions are highly complementary to SAP’s existing retail solution offering, and SAP and Triversity already have a strong list of joint customers including The Body Shop, Casa Ley, Indigo Books, Wawa and Trader Joe’s.


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