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Oracle Helps Retailers Increase Sales and Margins 2013.08.10

Redwood Shores, Calif., USA - August 07, 2013 - To help improve customer experience and increase inventory sell-through, the new release of Oracle Retail Allocation helps enable retailers to deliver the right product, in the best assortment, for each location using real-time inventory levels along with sales and planning information. Embedded Business Intelligence Provides Allocators with Actionable Insight.

Oracle Retail Assortment Planning and Size Profile Optimization.
Images support the setting of assortment strategies and enhance the assortment planning process
.
Courtesy of Oracle
 

Redwood Shores, Calif., USA – August 07, 2013

Oracle Helps Retailers Increase Sales and Margins with New Release of Oracle Retail Allocation


To help improve customer experience and increase inventory sell-through, the new release of Oracle Retail Allocation helps enable retailers to deliver the right product, in the best assortment, for each location using real-time inventory levels along with sales and planning information.

Oracle Retail Workspace
Workspace offers the ability to perform tasks in the context of relevant, valuable information that supports better decisions
.
Courtesy of Oracle
 
Overlaying science with the art of merchandising, Oracle Retail Allocation 13.3 uses embedded business intelligence analyzing input from multiple data sources to provide allocators with better insight and recommendations
.

Oracle Retail Merchandise Planning and Optimization.
Increase your revenue and margin by enabling cross-channel planning and collaboration, providing insights into customer demand and offering executable recommendations to optimize profitability
.
Courtesy of Oracle
 
The resulting dashboard reports and recommendations consider the entire lifecycle of a product and optimize allocations to speed inventory turn and protect margins.

Oracle Retail Merchandise Planning and Optimization.
Dashboards combine science and analytics, alerts and recommendations with in-context launch of planning applications, merging planning, and execution into a role-based workflow
.
Courtesy of Oracle
 
Oracle Retail Allocation 13.3 adopts a modern Java interface that employs product images rather than just the SKU number or product name, which helps accelerate the allocation process while encouraging better visibility and control over inventory allocation to stores.

Oracle Retail Category Management
Advanced analytics and graphing capabilities support assortment rationalisation decisions
.
Courtesy of Oracle
 
The allocation solution also delivers role-based dashboards that allow users to start the day with the information that is most important to them and take immediate action.

Oracle Retail Item Planning
Item plans, with integrated forecasts and pricing recommendations optimise assortment profitability
.
Courtesy of Oracle
 
For example, the allocator can view a report on their dashboard, click on it to see more details and launch an allocation that is prefilled with information from the report.

Oracle Retail Macro Space Management.
3D virtual store walkthrough capabilities enable store layouts and signage to be validated from a customer perspective
.
Courtesy of Oracle
 
By integrating with the broader suite of Oracle Retail solutions including Oracle Retail Merchandising System and Oracle Retail Assortment Planning and Size Profile Optimization, the allocation solution promotes shared visibility across key retail business teams and creates more fluid and efficient merchandising, supply chain, marketing and inventory management decisions
.

Oracle Retail Markdown Optimization
What-if simulation provides the ability to model alternate prices whilst understanding the impact of these prices on profitability and inventory positions
.
Courtesy of Oracle
 

Supporting Quotes


“Oracle impressed us with its very functional and easy-to-use Oracle Retail Allocation capability. This application leverages Oracle Fusion Middleware technology and templates to speed effective distributions and allocations, and it also integrates to Oracle Assortment Planning and Size Profile Optimization,” wrote Greg Girard, Program Director for Merchandise Strategies, IDC Retail Insights.
“Underneath the covers, Oracle is enabling better process and data flows and better process orchestration, supporting better decision processes, more effective use of resources, and higher levels of productivity.”

Oracle Retail Merchandise Financial Planning.
Statistical demand forecasting provides insight into the cross channel merchandise planning processes, both pre and in season, and in value and in units
.
Courtesy of Oracle
 
“Smarter allocation is the last mile to improving customer experience and protecting margins,”
said Mike Webster, Senior Vice President and General Manager, Oracle Retail.
“The latest update to Oracle Retail Allocation delivers deep retail functionality, actionable insight, and a user interface that makes sense for today’s users.”

Courtesy of Oracle
 

About Oracle Retail

Oracle provides retailers with a complete, open and integrated suite of business applications, server and storage solutions that are engineered to work together to optimize every aspect of their business.

20 of the top 20 retailers worldwide - including fashion, hardlines, grocery and specialty retailers - use Oracle solutions to drive performance, deliver critical insights and fuel growth across traditional, mobile and commerce channels
.

For more information, visit our Web site
at http://www.oracle.com/goto/retail  


About Oracle in Industries

Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to retail, helping speed time to market, reduce costs, and gain a competitive edge.


About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.

 
 
For more information about Oracle
(NYSE:ORCL),
visit www.oracle.com  


Contacts:

Greg Lunsford
Oracle

+1.650.506.6523
greg.lunsford@oracle.com  

Mary Ellen Amodeo
Amodeo Associates

+1.612.963.5797
meamodeo@gmail.com  


Source: Oracle

http://www.oracle.com/us/corporate/press/index.html  



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