New York, USA - January 16, 2012:
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today 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. 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 get a comprehensive view of their wholesale operations in sync with other functionalities of Oracle's Retail Suite. This significantly increases visibility and operational efficiency, as users can now see and manage their Retail, Franchise and Wholesale operations on one integrated dashboard. 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.
Mike Davies, Vice President, Wipro Retail – Europe, Latin America and Wipro’s Global Oracle Retail Practice said: "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. 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."
Wipro's retail experience spans global customers across geographies and the company's focus is to integrate legacy investments and future proof systems used to manage Operations, CRM (Customer Relationship Management), Shrinkage, ERP (Enterprise Resource Planning), Data Warehousing, Predictive Data Analytics and Price Optimization. Wipro's capabilities span Grocery, Fashion, as well as Health and Wellness Retailing. Wipro is a tier 1 Oracle Retail Partner and one of the most successful integrators of Oracle Retail solutions.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" – helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 131,000 employees and clients across 54 countries. For more information, please visit www.wipro.com
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Forwanrd-looking ad Cautionary Statements
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