Singapore-based online supermarket RedMart has chosen Oracle Enterprise Resource Planning (ERP) Cloud to drive growth.
The e-commerce platform allows customers to buy groceries and household products with home delivery. Customers can shop for over 25,000 products and choose a preferred 2-hour delivery window to receive their orders. Since its launch in 2011, RedMart has grown 10-20 percent month-over-month and more than doubled each year.
The technology challenge RedMart faced before was that the legacy ERP system could not scale to the high transaction volume in line with it growth, nor have the capability to produce useful reports. It’s not flexible enough for the company’s fast changing business priorities. RedMart needed to improve system performance and flexibility to enable further expansion of the business.
“RedMart was looking for a solution that not only produced reports that provide insights for decision-making, but a platform that employees could more efficiently manage internal operations across all aspects of the organization. Oracle ERP Cloud meets their needs for financials, supplier management and procurement all in one platform, easily accessible across all levels and departments. This empowers employee engagement across the business and aids the management team with decision-making,” said Adrian Johnston, Vice President, Oracle Cloud Applications, Asia-Pacific.
With Oracle ERP Cloud, RedMart is equipped with the availability of business insights within the transactional areas that allows different levels of management to effectively make timely decisions pivotal to the company’s business priorities and growth, and reducing overhead costs.
Oracle ERP Cloud allows Redmart to collaborate with suppliers over a common platform. This will give Redmart the ability to further reduce costs in the long term through better negotiation and compliance processes. The modern Oracle ERP Cloud enables social collaboration across RedMart’s operational and management teams, increasing productivity and employee engagement.
“Large, mid-sized, and start-up companies are turning to Oracle for cloud-based solutions to better manage their resources to improve the efficiency of their operations,” said Neeraj Shaabi, Regional Managing Director for ASEAN and Sage, Oracle. “We are happy that Redmart has chosen Oracle ERP Cloud. It clearly outlines Redmart’s vision to modernize their finance and procurement processes to propel the company to the next level of growth.”