Mumbai, August 8, 2007
HomeCare Retail Marts Pvt Ltd (HomeCare), owner of the large format Magnet stores, has selected Oracle Retail applications (Oracle Retail) to support its aggressive expansion plans over the next three years.
The company will implement the Oracle Retail applications across its existing and future stores, offices and warehouse locations in India. Zensar Technologies – a certified partner in the Oracle PartnerNetwork – will implement Oracle Retail at HomeCare.
"We aim to set up more than 200 new stores of varying sizes across India over the next three years," said Ashok Maheswari, managing director, HomeCare Retail Pvt Ltd. "Oracle Retail applications will help us roll out a dynamic, standardised and integrated IT infrastructure, resulting in greater efficiencies in our storefront operations as well as better supply chain and vendor management."
HomeCare plans to invest more than Rs 3,000 million over the next three years to set up Magnet and other branded stores in several Indian cities. The retailer will set up supercentres, hypermarkets, supermarkets and specialty chain stores with a fully integrated supply chain, which will include captive organic food farms. The company was looking for a retail software solution that could support the current operations using global retail best practices as well as scale-up to support all future expansion plans.. |
