The Australian department store retailer; MYER is transforming its entire merchandise planning operation by seeking to deliver more compelling prouducts to its customers. MYER will be leveraging cloud-based solutions provided by Oracle Retail Solutions, the cloud-based operation will be rolled out across its 61-store footprint.
MYER has reported improved sales and profit margin by using the system and also means that they’re able to deliver the right inventory to satisfy the local demands of customers at specific stores. The retailer applies advanced merchandise planning capabilities to its entire assortment, including cosmetics, clothing, footwear, toys, and homewares.
“I am optimistic about the ability of our Oracle merchandise planning tools to improve the efficiency of our buying teams and to deliver a more profitable, more localized product range for our customers,” said Allan Winstanley, chief merchandise officer, Myer.
“The project was delivered across various teams, including merchandise, IT and Tata Consulting Services (TCS), where we transitioned from waterfall to an agile project delivery approach, which ensured the success of the project,” said Troy Smith, CIO, Myer.
