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Learn more about Oracle Aquisition of Retek
 
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In November 2004, Retek Inc. acquired Syncra Systems, who powers the WWRE Collaborative Planner solution using the Syncra Xt platform. Syncra’s products have since been re-branded and positioned relative to Retek’s broad suite of software solutions. On April 5, 2005, Oracle Corporation announced its acquisition of Retek, Inc. Oracle has communicated to both customers and partners that it sees tremendous value in the Retek solution suite, including the Retek Syncra Exchange product (which powers WWRE Collaborative Planner). Oracle plans to retain the Retek branding and product families. This ensures that WWRE Collaborative Planner remains available to implement with no disruption. WWRE looks forward to working with Oracle in driving adopton of collaborative solutions. For more information please see the "April 15 Town Hall Meeting" link and "Open Letter to Customers" on www.retek.com.

The Collaborative Planner (VICS CPFR®*) offering enables Internet-based collaboration among all supply-chain-related activities. This collaboration includes setting common cross-enterprise goals and performance measures, creating category and/or item goals across partners, and collaborating on sales and order forecasts. Performance is monitored as collaborative activities are executed providing Exchange participants the ability to evaluate partners.

- Download Collaborative Planner Brochure

Benefits to Retailers Benefits to Suppliers
  • Single interface of data flows
  • Increased forecast accuracy
  • Reduced safety stocks
  • Reduced stockouts
  • Improved alignment of enterprise goals across the supply chain
  • Reduced administrative costs
  • Easy and fast roll-out to trading partners upon completion of initial set-up
  • Improved ability to plan production
  • Improved ability to procure raw materials
  • Single interface of data flows
  • Increased forecast accuracy
  • Reduced safety stocks
  • Reduced stockouts
  • Improved alignment of enterprise goals across the supply chain
  • Reduced administrative costs
  • Easy and fast roll-out to trading partners upon completion of initial set-up

Business Benefits Resulting From VICS-CPFR®* Integration:
Increasing reliability and decreases cost and time needed to send and receive large forecast and product activity data files. Also provides support to EAN.UCC XML for forecast data.

For more information, please see the Integration section in the Member Communities area.

* A registered trademark of the Voluntary Interindustry Commerce Standards Association

 
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