Oracle Retail Merchandise Financial Planning (MFP)
(Doc ID 1542048.1)
Last updated on OCTOBER 17, 2019
Applies to:Oracle Retail Merchandise Financial Planning - Version 13.0 and later
Information in this document applies to any platform.
Oracle Retail Merchandise Financial Planning (MFP) provides flexible and easy-to-use financial planning solution templates that enable retailers to create high-level, strategic and low-level, detailed financial plans. The solution guides users through best-practice planning processes in an efficient, streamlined manner while providing top-down, bottom-up, and middle-out functionality for developing, reconciling, and approving plans.
Oracle Retail Merchandise Financial Planning provides both pre-season and in-season planning with key financial indicators that include sales, markdowns, receipts, inventory, gross margin, and open-to-buy. Oracle Retail Merchandise Financial Planning users can bring many plans together for quick and easy reconciliation and approval through consistent, disciplined processes.
Integrated with Oracle Retail Demand Forecasting, the system provides an accurate view of customer demand with little human intervention. Exception management functions flag affected areas of a plan that otherwise may not be noticed when managing large amounts of data.
Oracle Retail Merchandise Financial Planning is appropriate for use by retailers using either cost or retail accounting methods. Furthermore, it can be used to plan for multiple retail channels including stores, internet, and catalog.
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