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CEO Jill Brown Dean: "What this system really gives us is the precision to plan floor set by floor set, week by week to ensure that each of our big businesses and each of our key categories is appropriately positioned in the preplanning phase and then appropriately reacted to, whether it is promotions, slowing down inventory in the supply chain, moving up inventory, the whole read-and-react thing. So it's giving us a precision around these big top 30 styles, which, as you said, really when we're successful, they're half our business. And it's just giving us a tremendous level of insight and visibility that we have not had." CFO and COO James Bell: "As an organization, we have worked diligently to develop many inventory management disciplines in recent years, but we're lacking adequate tools to fully maximize our inventory investment. This past March, we completed the implementation of a new Oracle-based inventory planning system. The capabilities of this new system are significantly more robust than anything we've used in the past, providing a level of transparency that represents a meaningful opportunity for us to drive more consistent sales and margin improvement over time as we become more proficient with this new capability."...

As Kevin Thompson, director of application development for Lids Sports Group, told retail attendees of the recent Oracle Industry Connect conference, the retailer has implemented the Micros Locate inventory visibility solution to enable full inventory access at stores. "It's a customer service issue," said Thompson. "We don't want to disappoint customers." Lids uses Locate for order brokering, providing visibility of inventory to other stores and DCs both from the store as well as to customers using one of Lids' e-commerce sites. Store associates are equipped with tablets allowing them "endless aisle" inventory access, and out-of-stock items can be ordered for home shipment at the POS, either from a DC or a nearby store.

The chain Unicoop Florence - the largest cooperative in Italy, with a network of over 100 hypermarkets, supermarkets and convenience stores in seven provinces - has chosen to rely on Oracle Retail Store Inventory Management with the aim to optimize the management of its stores and inventory, while improving the customer experience, and to unify all the various processes in a single solution and get more control over the goods in the shop.

As part of a technology upgrade that includes a migration to Oracle's MICROS Xstore (now Oracle Retail Xstore), Lids rolled out Oracle's MICROS Retail Locate (now Oracle Retail Order Broker Cloud Service), enabling the retailer to nearly double the number of product SKUs available for sale online by exposing inventory in all Lids stores as well as throughout its supply chain. The specialty retailer's omnichannel inventory increases available SKUs while helping customers and associates easily find team-specific items online and in-store.

Unicoop Firenze, the Italian co-operative retailer, is using Oracle Retail Store Inventory Management to streamline store and inventory operations and improve the customer experience.

"The new Oracle-based inventory planning system provides inventory visibility that simply was not possible for us in the past," said Jim Bell, executive VP and CFO/COO, Coldwater Creek, Sandpoint, Idaho. "Ultimately, this should lead to further reductions in aged inventory and allow us to increase our full-price selling, making us more productive and profitable."

Groupe Dynamite now has a single cross-channel view of inventory that enables "commerce anywhere" for in-store and online customers and employees, while streamlining inventory management

Groupe Dynamite now has a single cross-channel view of inventory that enables "commerce anywhere" for in-store and online customers and employees, while streamlining inventory management

…In 2011 the company partnered with Oracle to optimize planning and inventory. Says CEO Jim von Maur, "The Oracle solution greatly improved our average inventory turn, and it's done wonders for us. Our basic stock percentage has come down by 20 percent since we've installed it, so it's allowed us to turn those goods faster and just be more efficient."…

Oracle Retail Store Inventory Management has been chosen by Italian retailer Unicoop Firenze to streamline its store and inventory operations.

As part of a technology upgrade that includes a migration to Oracle's MICROS Xstore (now Oracle Retail Xstore), Lids rolled out Oracle's MICROS Retail Locate (now Oracle Retail Order Broker Cloud Service), enabling the retailer to nearly double the number of product SKUs available for sale online by exposing inventory in all Lids stores as well as throughout its supply chain.

Specialty retailer uses Oracle to help increase available inventory while helping customers and associates easily find items online and at over 1,300 locations nationwide.

Internet Retailer - Technology/Order Management - Lids Sports Group Opens Up Inventory Across Channels With Oracle Retail Solutions

Fashion icon Perry Ellis is using a new retail point of service and inventory management tools to provide secure payment transaction and improved customer interaction at the register. BTM Global deployed the solutions, Oracle Retail Point-of-Service v14 and Oracle Retail Store Inventory Management v14, for the lifestyle apparel company's U.S. location in less than nine months. The new system also provides for new mobile payment option such as Apple Pay, according to an announcement.

After implementing Oracle Retail Demand Forecasting and Oracle Retail Advanced Inventory Planning, Best Buy "immediately improved in-stocks from 2% to 4% across the board, even as inventory levels continued to decrease," stated Chris Hubbs, Director of Demand Forecasting for Best Buy.

To help improve customer experience and increase inventory sell-through, Oracle has launched a new release of Oracle Retail Allocation that enables retailers to deliver the best assortment of products for each location using real-time inventory levels along with sales and planning information. "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."

Press release highlighting that Veterans Canteen Service implemented Oracle Retail applications and the Oracle E-Business Suite Release 12 to establish new merchandising, inventory and price processes designed to help increase sales and establish more control over inventory throughout its locations. The article notes that Veterans Canteen Service selected the Oracle Retail applications and Oracle E-Business Suite Release 12 based on integration capabilities and product attributes. The article also includes comments from Mike Webster, general manager, Oracle Retail noting that Veterans Canteen Service offers an important service to America's Veterans and Oracle Retail is proud to be a part of the team working to provide better service to canteen customers.

Nilson Group has selected Oracle® Retail Merchandise Financial Planning to create an integrated planning practice and improve inventory management across its multiple retail brands in the Nordics.

Nordic shoe retailer Nilson Group will use Oracle Retail Merchandise Financial Planning to integrate planning and improve inventory management across multiple retail brands

Most recently, Kohl's overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, allowing the retailer to coordinate a unified system of record for inventory to better serve customers across channels, and to simplify its business user experience.

Kohl's overhauled its core merchandising, inventory, and pricing operations with the launch of a new Oracle Retail Merchandise Operations Management solution, enabling a unified system of record for inventory to better serve customers across channels, and to simplify its business user experience.