Fresh Management Capabilities now available to grocers in Oracle Cloud

With ready-made meals on the rise, grocers need more efficient management of fresh products and the ingredients involved. With our new cloud extensions, grocery retailers can better manage in-store production with complete visibility into inventory management, zero waste, production costs, ingredient management, and recipe management to meet consumer demand.

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Fresh management

capabilities now available to

grocers in Oracle Cloud

To offer busy customers more choices and better

compete with growing food options such as delivery and

subscription meal kits, grocery stores are doubling down

on fresh, ready-made offerings. While these products

offer convenience for customers, the preparation behind

the scenes can cause a manual inventory management

nightmare for grocers. To help turn this obstacle into an

opportunity, Oracle today announced a series of new APIs

and extensions for Oracle Retail Merchandising Cloud

Services. With these Fresh Product Management,

Ingredients Management, and Zero Waste capabilities,

retailers can more efficiently allocate and account for

inventory to create unique food offerings –

from pre-made sandwiches to salads or baked goods –

that minimize waste, while enhancing margin and customer loyalty.

“Grocers continue to expand their offerings to compete for shoppers’ hearts and minds with convenience and choice,”

said Mike Webster, senior vice president, and general manager, Oracle Retail. “Enabling customers to grab a sandwich,

sushi, or even a pre-made dinner gives them incentive to come into a store and spend more – but it comes with

complexity for the grocer. Today, we are eliminating that hassle by enabling food retailers to better trace all fresh foods

and bring together recipe management and ingredient management. This will help grocers handle production planning

and execution more precisely, as well as account for the cost of labor and packaging, all within their familiar Oracle

platform for modern retail.”

Request a demo to see these technologies in action here.

A fresh perspective

In grocery, “fresh” describes products carried in a store that require special handling and labor for preparation. Baking

bread, slicing deli meat, or offering pre-cooked options such as rotisserie chicken, or managing short shelf-life products

including those in the produce department, have special requirements to efficiently manage the planning, ordering,

manufacturing, and inventory management to reduce waste.

With the Fresh Items Ingredients Management API and Zero Waste cloud service extension available for Oracle Retail

Merchandising Cloud Service, grocers can manage the sourcing and procurement of the ingredients from within the store

to factor in the material cost of those ingredients, inventory implications, and restocking all from easy-to-use mobile

applications. For example, strawberries and blueberries from the produce section nearing the end of life, granola, and

yogurt could all be flagged as items leaving a store shelf to be used in the deli section to make a parfait. Merchandising

https://www.oracle.com/industries/retail/merchandising/cloud/ https://www.oracle.com/industries/retail/merchandising/cloud/ https://www.oracle.com/retail/grocery/demo/?source=:em:eo:ie:cpo:::RC_WWMK230316P00026:SEV400284559&elq_mid=241601&sh=20152662418261426692613121573242623&cmid=WWMK230316P00026

can account for the average cost of the produced items based on the current prices of the ingredient items and make all

the appropriate stock ledger entries.

With these fresh management APIs and extensions, grocers can manage in-store production with complete visibility into

inventory, waste, production costs, and finished goods demand, all while offering compelling new products to customers.

Other benefits include:

• End-to-end inventory visibility of inventory of both the orderable ingredient and the produced sellable items

• Supporting more accurate forecasting and ordering for perishable goods and ingredient items for the store and

warehouse

• The ability to improve margins by optimizing sourcing, procurement, inventory, and sales

• Better insight into additional conversion costs involved in transformation beyond the ingredients like labor and

packaging

• Readily available data and intelligence to better plan assortments based on consumer, environmental, ethical,

and economic factors

• Capabilities to help recognize price volatility and the need to pass the rising cost of ingredients to manufacture

finished products to maintain margins

• The ability to manage shelf inventory and monitor products about to expire with freshness-ready sensors

Oracle Retail polled more than 5,000 global consumers on their grocery shopping habits last Fall and another 1,000 US

consumers this winter. See what shoppers are looking for in their grocery partner here.

Click here to request a demo to see these technologies in action.

Purpose statement

This document provides an overview of features and enhancements. It is intended solely to help you assess the business benefits of upgrading and/or planning for the implementation and

upgrade of the product features described.

Disclaimer

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the terms and conditions of your Oracle software license and service agreement, which has been executed and with which you agree to comply. This document and information contained herein

may not be disclosed, copied, reproduced or distributed to anyone outside Oracle without prior written consent of Oracle. This document is not part of your license agreement, nor can it be

incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates.

This document is for informational purposes only and is intended solely to assist you in planning for the implementation and upgrade of the product features described. It is not a commitment to

deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described

in this document remains at the sole discretion of Oracle. Due to the nature of the product architecture, it may not be possible to safely include all features described in this document without

risking significant destabilization of the code.

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https://blogs.oracle.com/retail/post/grocery-shoppers-are-fretting-over-cost-and-inventory-availability https://www.oracle.com/retail/grocery/demo/ https://www.oracle.com/retail/grocery/demo/ https://www.oracle.com/retail/ https://www.oracle.com/corporate/contact/global.html https://www.youtube.com/playlist?list=PLcFwxJMrxygAUkT8useahvMsPtyieNsqE https://www.linkedin.com/showcase/oracle-retail/?viewAsMember=true https://blogs.oracle.com/retail/ https://blogs.oracle.com/retail/

Fresh Management Capabilities now available to grocers in Oracle Cloud

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