PRZOOM - /newswire/ -
New York, NY, United States, 2012/01/16 - Footwear retailer to leverage oracle retail to optimize operations and gain actionable insight that drives business opportunities (NASDAQ: ORCL) - Oracle.com. NYSE, NASDAQ: ORCL
Daphne Holdings, one of China’s leading retailers in women’s footwear, has selected Oracle® Retail Merchandising and Planning applications to support its aggressive growth strategy and drive new business opportunities.
Having delivered rapid growth for its two brands Daphne and Shoe Box in the last ten years, the Group recognized the need for an integrated retail platform on which to further develop its dynamic business and having evaluated the market, selected Oracle Retail.
The selection of Oracle Retail Merchandising System, Oracle Retail Price Management and Oracle Retail Allocation will help Daphne to establish a scalable retail foundation that enables next generation practices for core merchandising operations and provides a holistic view of inventory performance.
Daphne will also deploy a suite of Oracle Retail Planning applications, starting with Oracle® Retail Merchandise Financial Planning, Oracle Retail Assortment Planning and Oracle Retail Item Planning, introducing an integrated planning practice across multiple categories, brands and channels including its 5,000 stores.
The Oracle Retail system will provide the science and analytics to help Daphne better understand customer purchasing habits and preferences and to forecast, plan and execute decisions based on this actionable insight.
Daphne invested in Oracle in December 2011, selecting Oracle Retail over competitors based on its robust retail functionality, scalability and proven performance delivering efficiency and productivity to successful retail organisations around the world.
“Our investment in Oracle Retail will optimise our technology, people and processes around a robust retail foundation that will support and drive our strategic corporate vision,” said Michael Hu, COO, Daphne. “We expect Oracle to enable smarter decisions on performance that will promote a faster response to business and market opportunities.”
“By deploying Oracle to optimize its operations and drive smarter decisions, Daphne is developing the platform it needs to achieve its business goals and deliver superior experiences,” said Steve Ouzounian, Group Vice President JAPAC, Oracle Retail.
About Oracle Retail
Oracle provides retailers with a complete, open and integrated suite of business applications, server and storage solutions that are engineered to work together to optimize every aspect of their business. 20 of the top 20 retailers worldwide - including fashion, hardlines, grocery and specialty retailers - use Oracle solutions to drive performance, deliver critical insights and fuel growth across traditional, mobile and commerce channels.
Oracle (oracle.com) engineers hardware and software to work together in the cloud and in your data center.
About Oracle in Industries
Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to Retail, helping speed time to market, reduce costs, and gain a competitive edge.
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Beth Axon, JD Marketing
P: +61.432.659.856 / E: betha[.]jdmarketing.co.uk.