Atlanta, 30305, GA,
United States
Veltio
Veltio, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Veltio collaboration with software players such as Oracle empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Veltio | Oracle | Oracle Retail (ex Retek) | Retail Management | ERP Services and Operations |
| Veltio | Oracle | Oracle Retail Advanced Inventory Planning | Advanced Planning and Scheduling | SCM |
| Veltio | Oracle | Oracle Retail Assortment Execution | Retail Management | ERP Services and Operations |
| Veltio | Oracle | Oracle Retail Assortment Planning | Retail Management | ERP Services and Operations |
| Veltio | Oracle | Oracle Retail Demand Forecasting | Demand Forecasting and Planning | SCM |
| Veltio | Oracle | Oracle Retail Merchandising System | Retail Management | ERP Services and Operations |
| Veltio | Oracle | Oracle Retail Size Profile Optimization | Retail Management | ERP Services and Operations |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Retail | 2300 | $451M | Russia | Oracle | Oracle Retail Demand Forecasting | Demand Forecasting and Planning | 2018 |
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Retail | 254 | $78M | Russia | Oracle | Oracle Retail (ex Retek) | Retail Management | 2020 |
In 2020 ZENDEN Group implemented Oracle Retail (ex Retek) to modernize planning within its Retail Management estate, engaging Veltio as the implementation partner. The deployment targeted demand-driven assortment planning and forecasting capabilities to support a large Russian footwear chain that engages roughly 3 million loyalty cardholders and manages shipments into more than 400 stores.
ZENDEN implemented Oracle Retail Assortment Planning and Oracle Retail Demand Forecasting, together with Veltio’s Product Forecasting running on the Oracle Retail Predictive Application Server platform. Configuration emphasized automated demand-driven assortment workflows, embedded machine learning forecasting models, and support for top-down and bottom-up planning to replace highly manual spreadsheet processes.
The implementation centralized planning in a single user interface and common environment for all planning participants, standardizing roughly 90 percent of the planning process in one central system. Operational coverage included the planning department and store replenishment workflows, moving responsibility for shipments and assortment placement from manual spreadsheets to an orchestrated planning layer that interfaces with store operations and inventory assignment processes.
Governance changes focused on standardizing best practices and automating routine planning tasks to free planning teams for strategic work, while the new forecasting tool enabled improved assortment availability at store level. Explicit outcomes reported by ZENDEN include higher inventory productivity, better assortment availability, a reduction in clearance volumes over time and an ability to increase overall margin, with the solution providing a unified planning and optimization backbone within the Retail Management application set.
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Retail | 254 | $78M | Russia | Oracle | Oracle Retail Assortment Execution | Retail Management | 2020 |
In 2020 ZENDEN Group implemented Oracle Retail Assortment Execution within its Retail Management environment to modernize assortment planning and improve inventory placement across its retail network. The rollout addressed planning and forecasting at scale for a popular Russian footwear chain operating shipments into over 400 stores, engaging about 3 million loyalty cardholders and serving more than 74.4 million store visitors, with 42 million pairs of shoes sold in the prior five years.
The deployment included Oracle Retail Assortment Planning and Oracle Retail Demand Forecasting, combined with Veltio Product Forecasting on the Oracle Retail Predictive Application Server platform, and delivered automated demand driven assortment planning capabilities. These modules provided machine learning enabled demand forecasting, support for top down and bottom up planning, and centralized assortment orchestration to align inventory placement with customer demand.
Implementation services were provided by Veltio as the systems integrator, and the solution was delivered as a single user interface and common environment for all process participants. The architecture standardized approximately 90 percent of the planning process in one central system and automated the companys best practices to replace previously manual and unsynchronized spreadsheet workflows.
Operationally the program impacted merchandising, assortment planning, demand forecasting, and supply chain orchestration, giving planning teams capacity to focus on strategic decisions. According to ZENDEN Group project leadership the new forecasting tool and standardized processes improved assortment availability for customers, and in the long term reduce clearance volumes and increase overall margin, while enabling the business to more effectively meet consumer demand.
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Retail | 254 | $78M | Russia | Oracle | Oracle Retail Demand Forecasting | Demand Forecasting and Planning | 2020 |
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