Oracle Retail Merchandising Foundation Cloud Service
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Retailers leverage Oracle Retail Merchandising Foundation Cloud Service (RMFCS) functionality to execute core merchandising activities, including merchandise management, inventory replenishment, purchasing, import processes, sales auditing, and financial tracking. Its Trade Management module is used to manage the import process, including automating the steps necessary to import goods, managing file exchanges with trading partners, and providing a central database of critical import order information.
Merchandising Foundation Cloud Service also includes Sales Audit and Pricing modules. The Sales Audit module evaluates sales transaction from all channels, identifying any missing, duplicate, or erroneous data and highlighting any suspicious transactions, to ensure errors are resolved so that downstream systems operate off the same cleansed sales information. The Pricing module provides the ability to define, maintain, and review price changes and clearances, as well as provides the ability to pass approved price events onto downstream selling systems for execution.