Oracle Retail Trade Management

Oracle Retail Trade Management provides the infrastructure for effectively managing the import process, including automating the steps necessary to import goods and eliminating manual processes. By managing file exchanges with trading partners and providing a central database of critical import order information, Oracle Retail Trade Management ensures a "single version of the truth" upon which you can rely when making decisions and evaluating performance.

Oracle Retail Trade Management is part of Oracle Retail's Merchandise Operations Management solution group.

Oracle Retail Trade Management centralizes management of import information, giving you better visibility to timely, accurate information to improve your buying decisions and processes.

• Ready access to online HTS (Harmonized Tariff Schedule), combined with import descriptions and attributes, allow you to systematically classify products and assure compliance early in the import process, thus avoiding costly obstacles to clearance.
• Automated calculation of estimated landed cost provides you with objective support for deciding lowest-cost suppliers and ensures consistent inventory valuation in the purchasing cycle.
• Linking of letters of credit and purchase orders provides cross-functional visibility between merchant and finance functions, allowing electronic processing of information to multiple banks and consolidation of amendment management and payment tracking in a single system.
• Broad visibility to shipment information throughout the organization enables you to track the status of purchase orders as they move through the import supply chain.
• Consolidation of product classification, value, duty calculation, and shipment information for each customs entry allows you to review data for accuracy and completeness, download to brokers, and maintain a central database of entry information for future analysis or audits.
• A flexible and efficient process of allocating invoices received as products move through the import supply chain allows you to identify and analyze landed cost variances and take steps to eliminate exceptions, correct inventory values, and adjust the basis for future landed cost calculations.
• Seamless integration with other Oracle Retail solutions ensures the accurate and efficient execution of import processes while lowering the total cost of ownership.