Oracle ERP Cloud streamlines RedMart’s business processes, reduces IT costs, and improves business agility.
“Large, mid-sized, and start-up companies are turning to Oracle for cloud-based solutions to better manage their resources to improve the efficiency of their operations. We are happy that Redmart has chosen Oracle ERP Cloud. It clearly outlines Redmart’s vision to modernize their finance and procurement processes to propel the company to the next level of growth,” said Neeraj Shaabi, Regional Managing Director for ASEAN and Sage, Oracle.
RedMart, one of Singapore’s largest online supermarkets, has chosen Oracle Enterprise Resource Planning (ERP) Cloud to fuel the company’s growth.
“We are glad to have achieved the success we have today, but we are still growing and constantly exploring how to further improve our internal operations. Being a startup, business priorities tend to change quickly to respond to the competitive needs of the market. Our systems need to be flexible to match up with our priorities. Technology is at the heart of our business, and we need to constantly strengthen it in order to grow, and we’re glad that Oracle is along that journey with us,” said Jim Boland, Head of Finance, RedMart.
Oracle Enterprise Resource Planning Cloud will serve as a key business platform for RedMart’s growth.
RedMart is a successful start-up in Singapore that serves as an e-commerce platform which allows customers to buy groceries and household products, including fresh and frozen food, personal care, health and wellness, baby, and beverage, and pet products online.
Since its launch in 2011, RedMart has grown 10-20% month-over-month and more than doubled each year.
Previously, the legacy ERP system could not scale to the high transaction volume in line with the company’s growth, did not have the capability to produce useful reports, and was not flexible enough for the company’s fast changing business priorities.
RedMart needed to improve system performance and flexibility to enable further expansion of the business.
