Does this sound familiar? Your team is burning hours wading through multiple reports and spreadsheets with data of questionable quality, trying to hunt down a single source of truth and get the right product to the right place. Retail merchandising teams need intelligent solutions that leverage enterprise insights.

Omnichannel planning and a faster turn on assortments is essential to competing for and converting customer traffic. But wasting time aggregating and analyzing data is no longer an option. Retail buyers need predictive and prescriptive analytics to drive optimized assortments across channels without the overhead of on-staff data scientists.

Anticipating demand for new products is tricky. Oracle Retail’s supply chain products empower retailers to automate data management and cleansing, apply best-fit forecasting methods, and leverage adaptive intelligence. So they can adjust forecasts to correct for out-of-stocks, seasonality and recent trends, and build forecasts for products with no historic data.

In an era of GDPR and heighted concern about personal data protection worldwide, retailers need seamless integration across ecommerce, stores, customer relationships, order fulfillment, and loss-prevention systems to effectively create targeted offers for anonymous shoppers.