Oracle Retail Item Planning Cloud Service - Data sheet ... · Oracle Retail Item Planning Cloud...

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Oracle Retail Item Planning Cloud Service The formula to success in retail used to be having the right product but today’s empowered commerce environment is adding layers of complexity to this. Customers today have access to more information and shopping options, such as channel, fulfillment, and transaction methods. It is now harder for retailers to consistently create compelling customer-centric assortments that drive customer loyalty while increasing sales, margin, and return on investment. Overview This change in the retail environment is forcing planners to manage their businesses down to an increasing level of detail. The large data sets inherent to item level planning can cause frustration if managed manually and without proper reconciliation points to upstream plans. What is needed is a solution that is powerful yet simple that can help balance these demands both pre-and in-season. Oracle Retail Item Planning Cloud Service Oracle Retail IP Cloud Service is an integral part of Oracle’s Planning and Optimization application suite. It is a best in class solution that enables retailers to drive profit while remaining flexible to the changing retail environment. This solution is accessible to all retail business models by lowering the overall total cost of ownership. Key features include: Cloud Service. Deployed and supported by Oracle’s Cloud for Industries (OCI). Your IT department simply provides data. All on- going support and updates are provided by Oracle Retail and OCI. Quick Implementation. Oracle Retail Item Planning Cloud Service (IP Cloud Service) can be implemented in days (depending on your data availability). Item Lifecycle Management. IP Cloud Service manages the entire lifecycle of an item by providing a pre- and in-season workflow that gives planners continuous visibility to key performance indicators that include sales, markdowns, receipts, inventory, and gross margin. Best Practice-Driven. This solution provides out of the “box” best-practice templates and enables the planning process to be efficient and streamlined by providing visibility RETAIL DATASHEET KEY BENEFITS Improved plan accuracy Increased gross margin Increased return on investment (ROI) Reduced markdowns Lower total cost of ownership (TCO) Future-proof Proven capabilities

Transcript of Oracle Retail Item Planning Cloud Service - Data sheet ... · Oracle Retail Item Planning Cloud...

Page 1: Oracle Retail Item Planning Cloud Service - Data sheet ... · Oracle Retail Item Planning Cloud Service The formula to success in retail used to be having the right product but today’s

Oracle Retail Item Planning Cloud Service The formula to success in retail used to be having the right product but today’s empowered commerce environment is adding layers of complexity to this. Customers today have access to more information and shopping options, such as channel, fulfillment, and transaction methods. It is now harder for retailers to consistently create compelling customer- centric assortments that drive customer loyalty while increasing sales, margin, and return on investment.

Overview

This change in the retail environment is forcing planners to manage their businesses down to an increasing level of detail. The large data sets inherent to item level planning can cause frustration if managed manually and without proper reconciliation points to upstream plans. What is needed is a solution that is powerful yet simple that can help balance these demands both pre- and in- season.

Oracle Retail Item Planning Cloud Service

Oracle Retail IP Cloud Service is an integral part of Oracle’s Planning and Optimization application suite. It is a best in class solution that enables retailers to drive profit while remaining flexible to the changing retail

environment. This solution is accessible to all retail business models by lowering the overall total cost of ownership.

Key features include:

Cloud Service. Deployed and supported by Oracle’s Cloud for Industries (OCI). Your IT department simply provides data. All on- going support and updates are provided by Oracle Retail and OCI.

Quick Implementation. Oracle Retail Item Planning Cloud Service (IP Cloud Service) can be implemented in days (depending on your data availability).

Item Lifecycle Management. IP Cloud Service manages the entire lifecycle of an item by providing a pre- and in- season workflow that gives planners continuous visibility to key performance indicators that include sales, markdowns, receipts,

inventory, and gross margin.

Best Practice- Driven. This solution provides out of the “box” best- practice templates and enables the planning process to be efficient and streamlined by providing visibility

RETAIL

CIO of the Year

[Executive Name, Title][Company Name]

2011

R E TA I L E X C E L L E N C E AWA R D S

RETAIL

RETAIL

CIO of the Year

[Executive Name, Title][Company Name]

RETAIL

R E T A I L E X C E L L E N C E A W A R D S 2 0 1 1

Retail Excellence Awards

CIO of the Year

[Executive Name, Title][Company Name]

2011

D A TA S H E E T

KEY BENEFITS

• Improved plan accuracy

• Increased gross margin

• Increased return on investment (ROI)

• Reduced markdowns

• Lower total cost of ownership (TCO)

• Future- proof

• Proven capabilities

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Proven, Globally Scalable RPAS Planning Platform. IP Cloud Service is delivered on Oracle’s highly scalable RPAS (Retail Predictive Application Server) platform.

Omnichannel Planning. Supports the modern retail model of buy anywhere/fulfill anywhere, with channel- specific metrics for brick and mortar stores and direct selling operations.

Multi- Currency and Geography. Plans can be created, reviewed, and approved in multiple currencies and languages.

Embedded Science and Automation. Simplifies the planning process while improving accuracy with Smart Starting Points, Lifecycle Curves, What- if Planning and Define Reconciliation and Effective Variance Planning.

Dynamic Item Attribute Rollup. IP Cloud Service leverages the latest RPAS Dynamic Hierarchy capabilities to update item attributes relationships within the product hierarchy on- demand for planning and analysis.

Exception Based. Standard Real- Time Alerts help users to anticipate and proactively manage exceptions by highlighting and focusing attention on items that may be performing outside of exception.

Integrated. Designed to work with Oracle Retail Merchandise Financial Planning, Oracle Retail Assortment Planning, Oracle Retail Demand Forecasting, Oracle Retail Merchandising System, and more.

Benefits of Oracle Retail Item Planning Cloud Service Improved Accuracy. Provides views into sales history, actualized weekly sales, and unconstrained forecast - which support better, more accurate planning.

Increased Profits. Supports proactive in- season item management resulting in fewer lost sales, excessive markdowns, and unprofitable exit strategies.

Increased Return on Investment. Enables receipt flow planning down to the weekly level in order to maximize return on inventory investment, and to ensure receipts and promotional activity are aligned with the retailer’s strategic goals by geography, class/category, and selling channel.

Reduced Markdowns. Ensures that bottom- up item plans reconcile with top- down financial plans, preventing over- stocks.

Future- Proof. Spreadsheet- based solutions can be difficult to scale and evolve as your business changes.

Why Choose Oracle Retail’s Cloud Service Template for Item Planning? Oracle Retail IP Cloud Service is hosted in the Oracle Cloud and acquired exclusively through a subscription service (SaaS) model. This shifts funding from a potential capital investment in software and IT infrastructure to an operational expense. For one monthly* fee the retailer’s business will benefit from world- class capabilities that drive marketing, service, and operations to meet and exceed customer expectations.

For more information about Oracle Retail Item Planning Cloud Service, please visit oracle.com/retail or email [email protected] to speak with an Oracle representative.

* a minimum 3 year subscription required

Copyright © 2017, Oracle and/or its affiliates. All rights reserved. We specifically disclaim any liability with respect to this document, and no contractual obligations are formed either directly or indirectly by this document. Oracle is a registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. 0717

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• Cloud service deployed and

supported by Oracle’s Cloud for Industries (OCI)

• Quick implementation

• Item lifecycle management

• Best- practice templates

• Proven, globally scalable RPAS planning platform

• Omnichannel planning

• Supports multiple currencies and geographies

• Embedded science and automation

• Dynamic hierarchies

• Automated exception management functions

• Plan reconciliation

• Designed to be integrated with Oracle Retail solutions

KEY FEATURES