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Oracle Seals Deal With Wet Seal
Women's fashion specialty retailer The Wet Seal has chosen to deploy Oracle's Retail software suite as part of a drive to increase profitability through more effective pricing and inventory management.
The companies said Wet Seal of Foothill Ranch, Calif., will deploy Oracle's retail applications to streamline the point-of-service experience in its 496 stores in 47 states, and to deliver better customer insights to managers charged with executing price markdowns, promotions and inventory management.
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The $600 million retailer caters primarily to 13- to 35-year-old female customers. Wet Seal will implement Oracle Retail Merchandising System, Oracle Retail Price Optimization and Oracle Retail Point-of-Service.
Boeing Expands Use of Siemens PLM
Aerospace giant Boeing has signed an agreement to expand the use of product lifecycle management software (PLM) from Siemens throughout its operations.
Under the deal, Boeing will use Siemen's Teamcenter software to integrate data across all parts of the company's business.
German conglomerate Siemens made its foray into PLM software in early 2007 when it acquired UGS Corp. of Plano, Texas. UGS, with its trademark Teamcenter software, had about 47,000 customers worldwide.
The PLM software permits the sharing of real-time data, including designs and parts specifications, at development sites around the globe. It allows Boeing to track complex programs from concept through design and into production, and eventual retirement, over product cycles that can last 30 to 40 years.
While Teamcenter's use will be expanded throughout Boeing, it is interesting to note that it was not the primary software used in the development of Boeing's high profile 787 Dreamliner project. Boeing is using PLM software from Dassault Systémes as the foundation of that project. The Dreamliner has suffered a number of embarrassing delays as worldwide suppliers struggled to complete key parts of the aircraft on schedule.
Compiled by Mel Duvall,
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