Supermarket chain Morrisons is kicking off a five-year IT transformation with an overhaul of its HR and payroll systems.
In a statement, chief executive Mark Bolland said: “The first major systems implementation will be a new group HR and payroll system, which will go live in late 2008 and will be one of the largest and most advanced payrolls in the UK.
"Thereafter, the programme of systems renewal will run throughout 2009 and 2010.”
The company last month signed a deal to install end-to-end Oracle products, which will run on HP hardware.
This year the group plans to accelerate the pace of work on its £450m ‘Optimisation Plan’, which aims to improve margins through systems development and changes in distribution and manufacturing. Systems represent £110m of the investment.
The supermarket chain expects to implement a complete Oracle retail suite of merchandising, planning and stores applications, plus the Oracle E-Business Suite for financials, HR/payroll and manufacturing. It will also roll out Oracle’s Siebel platform for CRM and Oracle Fusion middleware including Oracle SOA Suite and Oracle Identity Management – all underpinned by Oracle databases.
Morrisons profits grew 45% to £612m for the year to 3 February, on the back of £13bn revenues. Long time chairman Sir Ken Morrison has now stepped down.
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