Oracle Retail Assortment and Item Planning

Oracle Retail provides an integrated, single view of the enterprise, enabling retailers to innovate with speed and scale. With Oracle Retail’s Assortment & Item Planning Service, retailers can develop authentic and loyal customer relationships by delivering the right product in the right fulfillment location. Assortment & Item Planning provides retailers with a highly visual, end-to-end workflow to define and execute local market assortments, to improve conversion of traffic into sales, and to increase customer satisfaction, while increasing gross margin and return on investment through item-level visibility and the ability to plan and manage this complexity in a user-friendly and cost-reducing manner. Assortment & Item Planning leverages embedded science and automation to provide an effective assortment strategy to maximize return on inventory investment. Assortment & Item Planning Cloud Service’s in -season business process provides planners with the ability to quickly and effectively react to season-to-date actuals and trends with exception management. With one complete version of the truth through a common business process and calculations and smart starting points, planners are able to easily review and update sales, promotions, and markdown plans. Delivering an effective assortment and item strategy that engages the customer in an omnichannel environment requires a single view of customer, inventory, order, demand and pricing / promotions. Oracle Retail’s unified approach to planning provides a framework of best practices – without inhibiting the art of the merchant –while enabling the retailer to improve the precision and level of detail of assortment and item planning decisions through advanced analytics and science.