Corporación GPF, a pharmacy and convenience store brand based in Ecuador, has implemented Oracle Retail Merchandising and Oracle Retail Warehouse Management to increase operational efficiencies and store productivity as part of a continued strategy to deliver innovative health and wellness solutions to consumers.
The brand’s rapid expansion in recent years has led it to recognize the need to replace its existing merchandising management, logistics and POS systems to position for continued growth across more than 600 pharmacies and convenience stores nationwide, three owned brands and $500 million in annual revenue.
GPF adopted a phased implementation with Oracle to unify business processes and democratize access to data insights across the company.
"Transformational products require company engagement and the right partner for the success of the implementation," said Fernando Jacome, Technology and Process Director of Corporación GPF, in a statement. "We have achieved success by creating multifunctional teams. Leaders must engage users from the beginning, allow enough time for testing, employ project governance and rely on efficient risk management processes. With a clear mission established by the Executive Board, we created a culture of engaged and dedicated employees."
With the completion of this project, GPF expects to optimize its core business processes and ensure data consistency. Additionally, it will gain visibility into out-of-stock inventory in stores and distribution centers, analysis of daily inventory deliveries to stores and perspective on automatic orders. GPF also will be able to synchronize inventory and logistics to the point of purchase.
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