Home Apparel Twitter map of APP logo

Apparel Magazine

CONTACT US | SUBSCRIBE | NEWSLETTER | RSS Feeds RSS FEEDS

Welcome, Guest |   Sign In   |   Register  
Apparel Magazine
 
Print Email Page RSS Feeds

Posted Date: 11/1/2009

Nordstrom Selects Oracle® Retail Size Profile Optimization

Nordstrom Inc. has selected Oracle® Retail Size Profile Optimization to help align merchandise in the right sizes to meet customer demand. The retailer expects the new system to help maximize assortment productivity and improve customer service. Oracle Retail Size Profile Optimization helps retailers optimize size distribution by merchandise category and by store.

Nordstrom plans to use the Oracle Retail planning application to more effectively analyze historical sales data to create unique store size profiles for its apparel merchandise. These analytically determined size profiles are expected to help the retailer better align purchase order quantity details with customer demand.

"We have always viewed our technology efforts as customer service initiatives to improve our merchandise offering and the way we serve customers," said Jan Walsh, vice president and business information officer for Nordstrom. "We believe the Oracle Retail Size Profile Optimization application will help us improve how we assort merchandise for our customers, helping to ensure we have the right merchandise at the right time for customers."

For example, when establishing order quantities, Nordstrom will have improved insight into the right amount of each size to order and the optimal amount needed in each store location. By helping to ensure that inventory is aligned to customer demand using appropriate size profiles, the Oracle Retail application is also expected to help Nordstrom achieve cost savings through reduced markdowns and inventory levels.

The profiles that Oracle Retail Size Profile Optimization creates can also be used to inform assortment planning and allocation systems, helping to boost sales and profitability. Retailers also use the application to reduce stock-outs and end-of-season markdowns due to size limitations.

for more information: www.oracle.com

Rate this Content (5 Being the Best)
12345
Current rating: 0 (0 ratings)

 


Discover How To Keep Up With More of Your Mobile Customers
6/24/2014 11:00:00 AM (EST)
Moderator:
Susan Nichols, Publisher, Apparel Magazine
Panelists:
Ron Klein, "Total Retail" Service Leader, PwC Advisory
Annabelle Hoover, Director of Customer Service, North America, BROOKS SPORTS, INC.
Marie-Pascale Authie, Solution Consultant, Infor Fashion
Bob McKee, Industry Strategy Director, Infor Fashion
View On Demand

Planning in the Omnichannel World with a Single View of Inventory
5/13/2014 11:00:00 AM (EST)
Moderator:
Susan Nichols, Publisher, Apparel Magazine
Panelists:
Rich Pedott, Partner, Columbus Consulting
Peter Charness, SVP America’s & CMO, TXT MAPLE LAKE
View On Demand

How Retailers Can Own the Google Results Page How Retailers Can Own the Google Results Page
9/1/2014
As a retailer, you’re constantly vying to attract shoppers on a search engine results page (SERP). ChannelAdvisor’s eBook highlights the components of the Google SERP and offers tips on how to use them to boost your presence.
Download Now

How Fashion Businesses Can Win the Race for Omnichannel Excellence and Operational Agility How Fashion Businesses Can Win the Race for Omnichannel Excellence and Operational Agility
9/1/2014
Download our white paper to learn how fashion retailers can improve operational agility to deliver engaging customer experiences to meet today’s market reality - globalization, faster fashion, vertically integrated channels and omnichannel retail.
Download Now



MEDIA KIT | EDITORIAL BOARD | PRIVACY STATEMENT | TERMS & CONDITIONS | CONTACT US
All materials on this site Copyright Edgell Communications. All rights reserved.