Goes live with Oracle Retail Planning applications to optimise planning and forecasting processes and support expansion

Goes live with Oracle Retail Planning applications to optimise planning and forecasting processes and support expansion

Sportmaster, the leading sports retailer in Russia and the Commonwealth of Independent States (CIS), revealed recently it has completed the first phase of implementation with Oracle Retail Merchandise Financial Planning and go-live is in progress for Oracle Retail Demand Forecasting.

The Group operates more than 400 stores under the Sportmaster and O’Stin brands; offering a range of products for sports, outdoor activities and recreation in more than 130 cities. It has been an Oracle customer since 2008.

Sportmaster had a growing need to adopt a business model that will enable the company to become more flexible and accurate in predicting and meeting consumer demands and expectations for its brands and collections.

The selection of Oracle Retail Merchandise Financial Planning and Oracle Retail Demand Forecasting is helping Sportmaster to redefine and integrate optimised planning and forecasting processes into a common workflow, which is considered to be key for driving efficiency throughout the business.

Consolidation for consistency

“In order to grow our business, we need to offer our customers the best range of quality goods for sports and recreation at the optimum level of service,” said Konstantin Popkov, Sportmaster planning and controlling director. “Oracle Retail provides us with a common planning platform that delivers a consolidated view of performance across our businesses and helps ensure the best and most consistent choice and service to our customers.”

A common defined set of best practices that delivers consistent and accurate information to the business have replaced legacy applications, automated manual processes and reduced planning discrepancies and disparate sources of data.

Providing Sportmaster with complete visibility of plans and the tracking of associated processes in a fully integrated workflow, Oracle Retail applications also helps to manage merchandise from pre-season planning of sales, margin and inventory investments to in-season management and clearance of merchandise.

Additional benefits include the creation of a merchandise hierarchy to correspond with the layout of each store, supporting Sportmaster’s goal to plan by collection; and the ability to reconcile top-down and bottom-up planning throughout the organisation.

The second phase of the Oracle Retail Assortment Planning project is underway now in Sportmaster and O’Stin.