Polish Retailer Marketing Investment Group SA Selects Oracle Planning
REDWOOD SHORES, Calif., Sept. 20, 2017 /PRNewswire/ -- Today, Oracle announced that Marketing Investment Group SA (MIG) has selected Oracle Retail Merchandise Financial Planning. MIG currently provides consumers with products of famous brands across more than 300 brick and mortar stores and 5 e-commerce outlets, through its own retail chain.
MIG efficiently manages a growing network of over 100 Sizeer stores, 150 under the brands of 50 style and operating stores of such brands like Timberland, Symbiosis, Umbro and up8. Dynamic growth through continued expansion and store openings in new markets, along with inconsistent manual spreadsheets resulted in the need for an integrated planning system to drive unified processes and experiences. The implementation of Oracle Retail will deliver a coherent, iterative plan to follow a single version of truth for the whole company.
"To secure future growth, we required a solution that allows for more detailed purchase planning, faster and more informed buying process, and reduction of stock inventory levels during collection intakes," said Krzysztof Nitsch, COO and Board Member, Marketing Investment Group. "We will empower our merchants and planners to better manage stock by season, by truly understanding the inventory levers with Oracle Retail."
"As Marketing Investment Group grows their business, the role of inventory becomes critical to their success and margin attainment," said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. "We look forward to celebrating the success with Marketing Investment Group and Pronos."
Oracle Retail collaborated with Pronos to deliver local, in-language implementation based on global expertise. Pronos brings unique fashion planning competencies with a lean delivery approach and accelerated schedule.
"We are partnering with the Marketing Investment Group to deliver a consistent and structured way of working across the business. The Oracle Retail implementation will facilitate the management of rolling objectives through proactive monitoring of an on-going business performance to drive productivity and visibility," said Pawe? Kowalewski, Vice President, Pronos.
About Oracle Retail:
Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail.
About Oracle
The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.
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SOURCE Oracle
