River Island, a leading UK-based fashion retailer, has selected Oracle Retail Planning and Optimization solutions to support its strategy for Commerce Anywhere and international expansion.
River Island will use Oracle Retail Merchandise Financial Planning, Oracle Retail Assortment Planning and Oracle Retail Item Planning to establish more consistent and accurate planning processes that manage its current and future planning and life-cycle requirements.
River Island, which has a global portfolio of over 300 stores with multiple web, franchise and wholesale operations wanted to improve planning across all channels to better support its growing business.
By capitalizing on Commerce Anywhere and cross-organizational collaboration capabilities, River Island expects to better understand merchandise performance throughout the business, using this insight to drive more profitable inventory investment decisions and improve the customer experience.
With a consolidated view of planning, River Island can reconcile all merchandise, financial, item and assortment plans to business targets, improve accuracy and optimize in-season inventory, sales and margin performance, including exception management.
River Island has recognised Oracle Retail solutions as being highly flexible and scalable, and as built on deep fashion retail expertise. Oracle Retail solutions support the needs of River Island’s growing Commerce Anywhere international fashion retail business across its various operational models.
The press release announcing this news can be found on the Oracle website.