Home / Knowledge / News / Information Technology / Nordstrom selects Oracle Retail Size Profile Optimization
Nordstrom selects Oracle Retail Size Profile Optimization
28
Jul '09
Nordstrom Inc, a fashion specialty retailer that offers a selection of apparel, shoes, cosmetics and accessories for women, men and children, has selected Oracle Retail Size Profile Optimization to help maximize assortment productivity and ensure a better alignment of the right merchandise in the right sizes to meet customer demand and improve customer service.

Oracle Retail Size Profile Optimization helps retailers create optimal profiles of size distribution by both 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. 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.

“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. Our partnership with Oracle continues to drive measurable results to our business.”

“We are focused on providing leading retailers like Nordstrom with solutions that help optimize their decision-making and enable them to better execute planning, buying and allocation decisions,” said Duncan Angove, Senior Vice President and General Manager, Oracle Retail. “We appreciate the opportunity to expand our relationship with Nordstrom and help them more profitably serve customers as well as reduce lost sales and markdowns at the end of the season.”

Oracle

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search