Collaborative Compliance - Oracle€¦ · where their food comes from • 42% want to be able to...

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Collaborative Compliance

Paul Woodward Senior Director, Oracle Retail Supply Chain Collaboration Solutions


Safe Harbor Statement The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. 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, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

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10’s

3

00’s 90’s

Market research project with ECR and IGD lead to setting up Ramesys RSC

Bespoke project with Tesco to launch a back office compliance solution called DDIT and online specification management system called STPS online

Launched the world’s 1st commercially available online collaborative compliance solution called Creations

Launched ProdSpec for the recipe and spec generation

Redeveloped the solution for the international market and launched myCreations into North America, Australia, Europe, Asia, Russia, and South Africa

Ramesys is acquired by MICROS

MICROS is acquired by ORACLE and solution rebranded to Brand Compliance

Lead global strategy and innovation for Oracle Retail’s supply chain collaboration initiatives

TODAY:

Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 4

Growth of private label from 10% to

over 50% of market shelf

On average improved speed to market by

40% by reducing administration by

75%

Increased confidence in product and

supplier data to 95%, an 80% improvement

Supported the launch and

protection of over one million products

worldwide

Connected over 250,000 suppliers

worldwide

Helped define standards, best of

breed practices, and engagement

programmes for the market

Over 40 implementations into

the world’s largest grocers, including

Top 5 in the UK and 4 of the Top 10

global grocers

Reduced mislabelling recalls

by 50%


Does the consumer trust the industry?


1 in 3 consumers do not trust their

brand owners


48% of recalls so far in 2016 were due to mislabelling costing

the industry an estimated $1.9

billion

91% of grocery retailers worldwide

do not have integrated solutions for managing supply

chain risks and product safety

On average fully scientifically trained

technologists responsible for supply chain and

product risk assessment are administering 17 different IT systems

12% of mislabelled recalls are found due to consumer allergic

reactions, with a further 27% of errors found by consumers

8% of the US population have

allergies with 4.1 million being

children

Collaborative Compliance improves labelling accuracy by up to 80%, through a single

collaborative cloud platform. It drives 70% efficiency gains in product data capture and

verification and enables brand owners to respond to incidents in 1 tenth of the time of

their manual methods

Brand Owners on average take 3 weeks to assess the true risk of a contamination to all of their products


CONSUMER EXPECTATIONS

• 43.5% want detailed information on where their food comes from

• 42% want to be able to find

sourcing details online

• 33% need to be able to understand how and what the product is made of

• 48% believe this information should be available for every product

8 Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |


Retail is Rapidly Changing and Grocery is Not Immune

By 2020, 80% of the world population will own a smartphone

Cross-channel retail sales will reach $1.8 Trillion by 2017 (Forrester)

Mobile will play a bigger role in click & collect initiatives

IoT in retail is predicted to have an economic impact of $410 billion to $1.2 trillion per year by 2025 (McKinsey)

Social will grow as the part of the retail (Omnichannel) mix

IT Retail Spend 2016 - 26% of the software spend will be on cloud solutions (60% of eCommerce, 53% of BI/Analytics)


As consumers adopt an Omnichannel ecosystem, retailers will need to collaborate upstream, downstream, and across-stream to fulfil their requirements Changing a supply chain into a network

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Establishing a standard open API solution to pass data efficiently between retailers and their suppliers is a significant step forward, but is it enough? Does it actually simplify the process?

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What if we could separate the added value data capture from the data exchange? Giving the industry one centralized point of the truth?

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What if we could data exchange on more processes and introduce quicker, mobile exception based apps and the leverage IoT? Giving the industry greater choice, scale, and value 13


What if the same environment could be used to connect, socialize, promote, and enable discussion, initiatives and joint response? Providing the industry with a truly collaborative platform

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What if the platform could provide analytical, visualization, and science to provide cross industry insight? Empowering the market

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What if this was protected by the world’s most advanced cloud provider enabling you to privately exchange data, share within your connections or publically promote? Secure, reliable, and accessible


So how can we work together to explore this?

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Our strategy is simple, work in partnership to Empower the Market to deliver the user experience associates expect, the suppliers need and consumers demand. Our 5 Key Cornerstones guide our vision and execution to allow the industry to better anticipate risk, simplify the process, and inspire collaboration.

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Building Trust through working Better Together

IN PARTNERSHIP WITH:

• UK Summit – April 27th @ University of Nottingham, Nottingham • Asian Summit – July, University of Nottingham, Ningbo Shi, China • European Summit – September 18th Oracle Retail Industry Forum, Barcelona • US Summit – October, Oracle Open World, San Francisco


Thank you

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Collaborative Compliance - Oracle€¦ · where their food comes from • 42% want to be able to...

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