Office Depot selects Oracle Cloud to modernize IT systems

Oracle Cloud InfrastructureOffice Depot has selected Oracle Cloud Applications to modernize its IT systems and transform its business processes.

Office Depot will use Oracle Cloud Applications to accelerate its omnichannel growth, simplify IT infrastructure, and lower costs by enhancing the performance and outcomes of supply chain, HR, and financial management functions.

Office Depot has selected Oracle Supply Chain Management (SCM) Cloud, Oracle Human Capital Management (HCM) Cloud, and Oracle Enterprise Performance Management (EPM) Cloud to speed time to market and control costs — after a competitive review.

“Office Depot is pivoting away from being a traditional office products retailer to a broader omnichannel services and products company and that causes a lot of complexity given our existing technology,” said Damon Venger, senior director, IT Applications, Office Depot.

This apart, Office Depot selected Oracle Supply Chain Management (SCM) Cloud for an end-to-end business solution that can help get products to market faster and offer real-time insight into day-to-day logistics, procurement, and forecasting.

Oracle HCM Cloud will assist Office Depot to ensure availability of data to manage its global workforce for a positive and consistent employee experience worldwide, while eliminating individual and disjointed point solutions.

In addition, Oracle Enterprise Performance Management (EPM) Cloud will help Office Depot to transform the finance function — from planning to financial close — to enable data-driven, strategic decision making, timely and accurate financial reporting, and lower IT complexity.

Steve Miranda, executive vice president of applications development, Oracle, said: “Oracle Cloud Applications will assist Office Depot to capitalize on new opportunities for growth, while delivering a differentiated, compelling service to its customers.”

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