Studio F’s inventory reliability soars with Oracle Cloud
The retailer achieved 99% inventory reliability after implementing Oracle Warehouse Management.
“The success of the WMS was thanks to a great Oracle implementation team and the tool’s simplicity. It allows us to track each garment, have inventory accuracy, and optimize timing.”
비즈니스 도전 과제
Studio F is a Colombian company that manufactures women's, men's, and girls' clothing, with operations in Colombia, Mexico, Panama, Chile, Ecuador, Peru, Guatemala, and Costa Rica. Started 26 years ago by entrepreneur Carmen Faride, Studio F now has almost 300 stores in Colombia and 60 in Mexico.
Studio F is in the process of transforming into an omnichannel company by providing customers an ecommerce experience. To help meet its more complicated supply chain needs, the company needed a new warehouse management system to improve accuracy and efficiency.
Oracle's Warehouse Management is our compass within the warehouse. I can see the garment when it entered, where it has been, and who has been in contact with it. I can see absolutely everything.
Why Studio F Chose Oracle
Studio F chose Oracle Warehouse Management because it is easy to use, having been built with operators and warehouse assistants in mind. The company also wanted an easy deployment process. After analyzing proposals from five providers, Studio F selected Oracle as the right strategic ally to optimize operations.
Studio F also considered it a big advantage that Oracle could offer both the applications and implementation. Studio F and Oracle created a joint team that implemented the system within established deadlines.
결과
Since the Oracle Warehouse Management deployment, Studio F inventory availability went from 70% to 72% to 99.4% today. This brings clear benefits in accuracy and customer satisfaction, with the product delivery time shortened from five to three days.
This improved inventory accuracy also let Studio F cut in half the cost per unit moved in the warehouse. Before Oracle’s Warehouse Management, units were frequently moved physically to keep track of goods, but now all the management is done virtually.
These benefits help Studio F’s efforts to become a fully omnichannel company.