Central America's largest department store chain, SIMAN, has been a leading retail presence for over 90 years, with stores in El Salvador, Guatemala, Nicaragua, and Costa Rica.
Following a decision by parent company Almacenes SIMAN S.A. to modernize legacy IT systems across its stores, OLR was selected to implement Oracle Retail Merchandise Financial Planning, in order to provide dramatic improvements to the retail planning process. Additional benefits of the new software included increased efficiency, profitability and greater potential for growth.
In order to deliver a superior shopping experience to its customers, whilst minimizing disruptions in day-to-day operations, SIMAN embarked on Project Genesis, a multi-phased implementation of the new Oracle Retail software throughout the business, of which Oracle's Merchandise Financial Planning was the first phase.
OLR’s Rapid Approach for Merchandise Financial Planning proved critical to the system’s deployment, as it utilized pre-configured proprietary templates to help navigate SIMAN onto the new planning platform, planning application and processes more quickly than standard software implementation methods would allow.
Furthermore, as an employer of choice in the global Oracle Retail community, OLR’s highly specialized consultants were able to lay a solid foundation for efficient planning, with the capability to flex and scale while SIMAN continues to grow.
The new functionalities offered through the solution mean that, rather than working with a single pre-season plan, SIMAN now has multiple pre-season plans as well as in-season plans that enable them to run ‘what-if’ scenarios to ensure the right product mix is available for purchase by the customer year round.
Following a successful deployment of the Oracle Retail Merchandise Financial Planning system, OLR has begun working with SIMAN as a trusted strategic partner to implement Oracle Retail Merchandise Operations Management, a comprehensive second phase set of solutions to support buying, pricing and inventory management across the organization.
Phase 2 - Merchandising successfully went live in February, 2015.