Oracle Retail Integrated Inventory Planning (IIP) Product Overview
(Doc ID 1538041.1)
Last updated on NOVEMBER 23, 2019
Applies to:Oracle Retail Integrated Store Operations
Information in this document applies to any platform.
Oracle Retail’s integrated inventory planning solution offering combines and advances its proven Oracle Retail Replenishment Optimization, Oracle Retail Demand Forecasting and Oracle Retail Advanced Inventory Planning applications in order to help retailers better predict customer demand, balance service levels with inventory investment, and continuously synchronize and align supply with demand, to generate real cash flow benefits by offering their customers the right product, in the right amount, and at the right time.
The Oracle Retail integrated inventory planning suite offers retailers a comprehensive solution from strategic planning to tactical execution, and features robust simulation and optimization capability to help them align inventory investment with financial and merchandising strategy. New and enhanced capabilities include "on the fly" service level and inventory parameter setting optimization basad on business objectives such as sales, margin, or volume that drive a time-phased, constraint-based replenishment plan.
To help support the linkage between localized assortments and inventory execution, retailers can leverage new item importance capabilities to drive inventory execution to more optimally align with their assortment strategy. Retailers have the flexibility to take a modular approach to deploying the Oracle Retail integrated inventory planning solution to achieve rapid value from their investment.
The integrated inventory planning solution builds on Oracle Retail Release 13 and represents Oracle Retail’s next major initiative toward delivering on insight-driven retailing with a complete and integrated suite of business software designed specifically for retailers.
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