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 |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
Retail | 2300 | $451M | Russia | Oracle | Oracle Retail Demand Forecasting | Demand Forecasting and Planning | 2018 |
|
|
|
|
Retail | 254 | $78M | Russia | Oracle | Oracle Retail Demand Forecasting | Demand Forecasting and Planning | 2020 |
In 2020 ZENDEN Group implemented Oracle Retail Demand Forecasting as part of a broader initiative in Demand Forecasting and Planning to improve inventory productivity and customer experience across its retail footprint. The deployment targeted assortment and inventory planning to support a network that manages shipments into over 400 stores, serves about 3 million loyalty cardholders, records more than 74.4 million store visits, and sold 42 million pairs of shoes in the prior five years.
The implementation combined Oracle Retail Demand Forecasting with Oracle Retail Assortment Planning and Veltio’s Product Forecasting running on the Oracle Retail Predictive Application Server platform. Configuration emphasized automated demand driven assortment planning, support for top down and bottom up planning, and machine learning enabled forecasting models embedded in Oracle Retail Demand Forecasting to improve forecast accuracy and assortment decisions. The program replaced highly manual spreadsheet based workflows with a single user interface and automation of planning best practices, enabling the planning team to standardize about 90 percent of the planning process in one central system.
Veltio provided implementation services on the project, delivering integration and implementation work on the Oracle Retail Predictive Application Server platform. Operational coverage included the planning department and downstream supply chain orchestration for in store assortment placement and shipments to the retail estate. The deployment created a common environment for all participants in the planning process and a single view of assortment across merchandising and supply chain functions.
Governance changes centered on centralizing planning workflows and instituting automated validation and execution of assortment plans, which gave the organization capacity to shift from tactical shipment processing to strategic planning. Explicit outcomes reported by ZENDEN include higher forecast accuracy, improved assortment availability in stores, reduced clearance volumes, and an expected increase in overall margin, driven by machine learning supported demand forecasts and standardized planning governance.
|
|
|
|
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.
|
|
|
|
Retail | 254 | $78M | Russia | Oracle | Oracle Retail (ex Retek) | Retail Management | 2020 |
|
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Buyer Intent: Companies Evaluating Veltio Services
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
|---|---|---|---|---|---|---|---|---|
| No data found | ||||||||