Achieve every planning goal with a modern approach to category management utilizing advanced clustering capabilities, data science, and automation. With Oracle Retail Category Management Planning and Optimization, GNC can obtain accurate demand forecasts and deliver customer-centric, localized assortments to maximize customer satisfaction and overall category profitability.
More than 300 retailers rely on Oracle Retail Planning and Optimization solutions to optimize category and assortment decisions and drive better business outcomes.
Typical retailers realize a $2.5M annual incremental increase in revenue as a direct result of implementing Oracle Retail Planning and Optimization.
15% improvement in forecast accuracy
10% increase in inventory turns
Up to 15% improvement in gross margin
Why Oracle for Retail Planning?
More Profitable Assortments with AI Recommendations
Additional value comes from very targeted assortment recommendations for each store cluster. Automated attribute analysis and demand transference recommendations ensure you are assorting items to each cluster that have the highest possible chance of producing sales and margin.
• Increased sales due to tailored assortments
• Reduced inventory costs
• Increased full-price sell-through
Advanced Store Clustering Techniques
There is tremendous value in shifting from traditional clustering approaches of volume, square footage, and region to a more scientific approach. Using AI and Machine Learning techniques, you can cluster stores based on similar selling patterns to deliver localized assortments.
• Increased revenue and profit for locations that were misaligned
• Reduced markdowns
• Less inventory wasted
Customer Success: Empowering retailers to create optimized and targeted assortments
"Sportina Group supports a range of different business models, including our own brand, multi-brand, franchise, and wholesale. In order to support this complexity, we recognized the need to centralize and consolidate our planning processes to deliver transparency. We chose Oracle to improve efficiency and increase productivity. Most importantly, this modernization allowed us to design a new planning process that places the customer at the center of our operations from the strategic vision through the planning to execution."
- Miha Rozman, Head of Controlling, Sportina
