"Oracle Retail will help us improve our internal processes, analysis and decision making to manage inventory and deliver assortments," says CIO Michael Barrett
The company will also implement Oracle Fusion Middleware, Oracle, E-Business Suite and Oracle Database as part of its strategy to better serve customers and streamline operations across all its brands
The multi-year IT initiative that Charming Shoppes is embarking on will be nothing less than "a transformation of our technology, distribution and supply chain capabilities," according to CIO Michael Barrett. Encompassing upgrades of core systems that include the point-of-sale, merchandising, inventory, financials, warehouse and order management, the 1,857-store retailer's efforts are projected to drive $25 to $30 million in cost savings within a two-year time frame.