Fashion retail firm Arcadia has tapped Oracle Retail Merchandising Operations Management, Oracle Retail Merchandise Planning and Optimization, and Oracle Commerce applications to optimize retail operations and expand international business.
As part of the IT deal, Arcadia Group will use Oracle Retail applications to improve merchandising and supply operations and enable the business to better meet customer demand in its 2,507 owned stores and 600 international franchised outlets across 36 countries.
The Oracle Retail platform offers better visibility to inventory management and tracking throughout the supply chain to determine requirements at the item and location level.
Philip Green, owner of Arcadia Group, said: “We expect Oracle to enhance our merchandising strategies to help ensure that we deliver the best possible customer promise every time.”
The Oracle Retail Planning and Optimization solutions, including Oracle Retail Merchandise Financial Planning, Oracle Retail Item Planning and Oracle Retail Assortment Planning and Size Profile Optimization, can provide actionable insight to deliver the best assortment and to improve on the profitability of in-season inventory in each store.
Arcadia Group expects to improve the customer experience with the creation of more accurate profiles of size distribution based on individual stores, rather than at a country level, to better align assortment with customer demand.
Arcadia Group plans to use Oracle Retail Merchandising Analytics to gain additional insight into critical performance indicators that track sales, profit, inventory and supplier performance to further optimize operations.
With the selection of Oracle Commerce solutions, Arcadia can provide consumers with an effective way to dynamically explore the Group’s brands online and quickly find the relevant and desired items they are seeking.
The deployment of the Oracle Retail platform is part of a business strategy focused on delivering efficiencies and reducing IT costs throughout Arcadia Group’s brand portfolio of BHS, Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop, Topman and Wallis.