Office Depot deploying Oracle HCM
As Office Depot broadens its focus, going from a provider of office products to an IT service provider, the retailer felt it needed a unified business platform to support its anticipated growth and the added complexity of its new business model.
Toward that end, the company just announced that it will deploy Oracle Cloud Applications as the foundation for its human resources, financial planning and analysis, and supply chain systems — all of which are critical to its new business strategy.
The HR application, Oracle Human Capital Management, combines all major HR functions on one platform and is designed to optimize talent management and provide insights into its workforce.
The retailer evaluated multiple vendors and determined that the Oracle platform could best meet its needs, says Damon Venger, senior director of IT Applications at Office Depot. One of the selling points was that cloud-based applications continue to evolve and expand, which the retailer felt important in terms of meeting its revenue expectations.
Office Depot employs about 38,000 people and serves consumers and businesses worldwide through some 1,400 retail stores, e-commerce sites and a business-to-business sales organization.