Retailers with more accuracy and insight into their inventories will be able to quickly pivot to meet customer demands, whether that’s in-store, outside/curbside, or on other channels. See how Oracle Retail Store Inventory Operations Cloud Services gives retailers a competitive advantage with real-time, accurate, and accessible store-stock data.
While the path ahead is unknown, it is the continuous reinvention of the landscape and how brands adapt and evolve that will define the next era of retail. These strategies can help retailers plot a steady course and find their way through uncharted territories.
See retailer tips on managing Retail Demand Forecasting (RDF) scenarios during these difficult times and read helpful Oracle Retail Planning and Optimization white papers on RDF, What-If Scenarios and the Merchandise Financial Planning (MFP) solution.
During this challenging time, Oracle Retail is here to support your business and your retail team. We have tapped into on our learnings from customers and assembled a Point of Service checklist to guide your teams through a smooth re-opening of store locations.
A new set of retail omnichannel journeys is critical to meet today’s consumer fulfillment habits. By leveraging their existing in-store inventory, retailers can keep business viable during the current global crisis and future proof operations.
Over the last 10 years, developments in retail data analytics have been especially useful in assisting marketers in extracting maximum value from retail customer and consumer data. Now it’s time for brands to make the shift from knowing their customers to truly understanding them with the help of Consumer Insights.
Learn how retailers can use AI in retail and consider data-driven insights on how target consumers respond to given scenarios and offers and use that context to inform future consumer engagement and increase new customer acquisition with the help of consumer analytics pulled from Oracle Retail Consumer Insights.
It’s important that retailers understand that transparency and honesty are core components for building loyalty with today’s shoppers and through the use of Oracle Retail Brand Compliance they can react faster to product issues and remain transparent.