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Leverage retail science to optimize inventory visibility

Retailers must create targeted offers that cultivate loyalty while optimizing markdowns to profitably fulfill demand.

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A Shift in the Consumer Shopping Experience

A Shift in the Consumer Shopping Experience

  • Build loyalty. Target product and assortment offerings.
  • To stay loyal to a retailer, 53% of consumers reported new and exciting products and assortment with personalized offers are important.

  • Gain a consistent view of pricing and margins.
  • When browsing, 55% of shoppers are compelled to purchase when they find a great price on a product they have wanted to try.

  • Optimize supply-chain fulfillment.
  • 47% of consumers associate out-of-stock items with a bad shopping experience and 63% will seek an alternate store for purchase.

How Can Hardlines Retailers and Specialty Retailers Thrive?

Build up your strategies for agile inventory management, exceeding today’s supply chain expectations and delivering targeted promotions to increase margin and free working capital.


Make your inventory work for you

What inventory do you have? Where is it? And is it sellable?

Deliver on your customer journeys

Break the chain out of supply chain

How do you flow goods to cover multiple touchpoints with products moving in more than one direction and even changing directions midflow?

Adapt to modern expectations

Modernize customer acquisition campaigns

Do you have a good handle on who your customers are? Do you know who are your superfans and habitual buyers as well as the occasional shoppers?

Gain a macro view of your customer base

Celebrating Hardlines Retail and Specialty Retail Success

Helzberg Diamonds

Helzberg Diamonds

Helzberg and the power of science-infused merchandise planning and optimization.

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McColl's

McColl’s

McColl’s pivots during crisis to serve vulnerable customers with Oracle.

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Home Choice

Home Choice

Home shopping retailer turns browsers into buyers with Oracle Cloud.

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Hardlines Retail and Specialty Retail Learning Library and Resources

Blog

Taking Out Costs Through the Cloud

As retailers move forward, they must understand there’s a more efficient way to manage their businesses—and it starts with allowing cloud-based AI processes.
Blog

How to Reverse the Retail Supply Chain Bullwhip Effect

Retailers must determine how to effectively manage their supply chain and meet today’s consumers’ demands and plan for the road ahead.
Resource

3 Steps to Simplifying RDF Guidebook

Despite the complexities, there are a few steps retailers can take to improve forecast accuracy and inventory management.
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