Ocado Group has selected Oracle Fusion Cloud to help support its transformation as it continues to expand into new international markets and industry verticals.
A pioneer in online grocery shopping, Ocado is one of the leading technology partners for retail organisations. It has recently struck a new long term deal with M&S after an 18 year relationship with Waitrose, and outside of the UK, it continues to break new ground with customers in the US, Canada and Asia.
With Oracle Cloud ERP, Ocado will be able to quickly and efficiently adapt to changing customer needs by taking advantage of a scalable and flexible business platform that can support its immediate and long-term growth.
Duncan Tatton-Brown, chief financial officer, Ocado Group, said: “As we help our clients, some of the world’s most forward-thinking retailers, rethink their online strategy, we also need to consider how we can use better solutions within our own business to adapt to the changing economic environment and support our future growth.”
Debbie Green, vice president, applications, Oracle UK, also commented: “Ocado were years ahead with their focus on technology to lead the retail experience, they were in a great position to deal with recent industry disruptions. By moving financial management to Oracle Cloud ERP, the Ocado team will be able to significantly improve the efficiency and accuracy of business processes, which in turn will help them capitalise on new opportunities and stay ahead of the competition.”