Switch from a merchandise planning process that’s product-centric to one that’s customer-focused. Define your assortment, placement, pricing, promotions, and product lifecycles to grow profitability with retail planning.
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IDC MarketScape: Worldwide Retail Pricing 2023 Vendor Assessment
Turbocharge merchandise, inventory, and planning processes, and deliver a more compelling and localized product assortment for consumers.
Leverage key performance indicators to embrace changing consumer expectations, set new targets, allocate more precise budgets, and deliver attractive assortments.
Deploy a quick implementation with a planning process that places customers at the center of your operations, from the strategic vision to execution.
Protect your margins. Use targeted promotions, markdowns, and offers to maximize profits and sell-through.
Choose a retail planning solution that provides a strong foundation and opportunities for more profitable inventory investments, with the help of retail AI and ML.
Leverage core retail AI and ML to make decisions on assortments, offers, inventory placement, forecasts, planning, buying, pricing, etc.
Provide an intelligent starting point for your planners to increase automation and accuracy.
Group customers based on attributes, behaviors, and transactions to tailor offers, pricing, and assortments.
Cluster your stores based on traditional approaches of volume, square footage, and region, or leverage ML to cluster stores based on similar selling patterns.
Determine the best size ratio for your buys by understanding the true demand of your sizes, considering stockouts.
Extract item attributes from free-form descriptions, correcting short forms, misspellings, and other inconsistencies, and apply them to demand transference, customer decision trees, advanced clustering, and more.
Determine how items interact with each other for an effective promotional strategy within your financial planning process.
Leverage open source along with your data science team to create your own AI and ML models.
Learn why Oracle is named a Leader in “The Forrester Wave™: Retail Planning Platforms, Q4 2023."
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