Nordstrom to use new retail planning application
Redwood Shores, Calif. Oracle announced that Nordstrom has selected the Oracle Retail Size Profile Optimization to help align merchandise in the right sizes to meet customer demand. The department store retailer expects the new system to help maximize assortment productivity and improve customer service.
“We have always viewed our technology efforts as customer-service initiatives to improve our merchandise offering and the way we serve customers,” said Jan Walsh, VP and business information officer for Nordstrom, Seattle. “We believe the Oracle Retail Size Profile Optimization application will help us improve how we assort merchandise for our customers, helping to ensure we have the right merchandise at the right time.”
The Oracle retail planning application helps retailers optimize size distribution by merchandise category and by store. Nordstrom plans to use it to more effectively analyze historical sales data to create unique store size profiles for its apparel merchandise. These analytically determined size profiles are expected to help the retailer better align purchase-order quantity details with customer demand.