Planning
With buying journeys becoming increasingly complex, and customers’ expectations rising, having the right product is no longer enough. Hyper-personalized, omnichannel planning and faster turn on assortments are essential. Oracle Retail’s planning suite empowers retailer planning teams to leverage retail science to drive intelligent and localized assortments.
MERCHANDISE FINANCIAL PLANNING
Oracle Retail Merchandise Financial Planning enables retailers to identify opportunities for more profitable inventory investments. It provides flexible and easy-to-use financial planning solution templates that enable retailers to create high-level, strategic and low-level, detailed financial plans. The solution guides users through best-practice planning processes in an efficient, streamlined manner while providing top-down, bottom-up, and middle-out functionality for developing, reconciling, and approving plans.
CATEGORY MANAGEMENT
Leveraging industry best practices, Category Planning combines data points from multiple sources and recommends formal category roles, strategies and tactics. Recommendations are based on consumer insights and/ or product performance and provide retailers with one version of the truth to be used in downstream assortment, pricing, promotion, inventory and space processes.
OFFER OPTIMIZATION CLOUD SERVICE
Engaging omnichannel customers with personalized offers, while increasing profits requires modern applications in planning and retail science. With Oracle Retail Offer Optimization Cloud Service, retailers can drive optimal recommendations for promotions, targeted offers and markdowns, winning over customers while maximizing results.
ASSORTMENT AND ITEM PLANNING
This solution provides retailers with a highly visual, end-to-end work flow to define and execute local market assortments. It enables retailers 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 an user-friendly and cost-reducing manner.
ADVANCED CLUSTERING
Oracle Retail Advanced Clustering provides retailers with multiple approaches and methods when generating clusters. The system is highly flexible and dynamic to support a number of different cluster algorithms, depending on your clustering needs.
ASSORTMENT AND SPACE OPTIMIZATION
The Oracle Retail Assortment and Space Optimization Cloud Service maximizes return-on-space, sales, revenue and profits while improving customer satisfaction by optimizing assortment, placement and facings for the available space.
CUSTOMER DECISION TREE AND DEMAND TRANSFERENCE SCIENCE
This solution mines customer purchase history to identify shopping and switching patterns. It helps retailers to understand what attributes are driving customer purchases, providing key insights as they make assortment, pricing and promotion decisions.
MAKRO SPACE OPTIMIZATION
This is a flexible and dynamic solution that delivers recommendations around how to best allocate space within a store while maximizing sales and/or profit. These recommendations leverage space elasticity curves to re-balance available space within an entire store, within a specific store department/category/sub-category, or within an aisle of a store.
REGULAR PRICE OPTIMIZATION
While pricing can be a key lever for differentiating against competitors, uninformed pricing decisions can have significant negative impact on revenue, profitability, and customer satisfaction. Oracle Retail Regular Price Optimization enables retailers to maximize revenue and margin through an insight-driven understanding of the most optimal everyday pricing.
SIZE PROFILE
Oracle Retail Size Profile Science, identifies location-level selling patterns across different size ranges. It systematically creates accurate profiles of size and aligns buying and inventory-allocation decisions with consumer demand.
“Stones on the way? I keep them all, one day I will build a castle."
Fernando PessoaThe outbreak of COVID-19 has created a time of both personal and economic uncertainty. On March 9, 2020, Retail Consult implemented a work-from-home, remote workforce model to protect our employees, clients and partners. Most of our clients and partners are also working from home. Working collaboratively we have been able to safely and productively continue our business activities and we will continuity and innovation to navigate this time of crisis together!