"We are pleased to extend the partnership with Groupe Dynamite to the next step of their IT transformation. Our Oracle Retail Planning Cloud Services offer best-in-class solutions that enable retailers to drive profitability and remain flexible to the changing retail environment," said Ray Carlin, Senior Vice President and General Manager, Oracle Retail. "With the minimized costs associated with cloud deployment retailers like Groupe Dynamite are able to experience return on investment more quickly."Oracle Retail at NRF 2018 Oracle Retail will be showcasing the full suite of Oracle Retail solutions and cloud services at the National Retail Federation Big Show Jan. 14-16, 2017, in New York City at the Jacob K. Javitz Convention Center. Oracle Retail will be located at booth #3521. For more information check out: www.oracle.com/retail About Oracle Retail Oracle provides retailers with a complete, open, and integrated suite of best-of-breed business applications, cloud services, and hardware that are engineered to work together and empower commerce. Leading fashion, grocery, and specialty retailers use Oracle solutions to anticipate market changes, simplify operations and inspire authentic brand interactions. For more information, visit our website at www.oracle.com/retail. About Oracle The Oracle Cloud delivers hundreds of SaaS applications and enterprise-class PaaS and IaaS services to customers in more than 195 countries and territories while processing 55 billion transactions a day. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com. Trademarks Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. About Groupe Dynamite Groupe Dynamite, a Montreal-based company with two brands at the heart of its success, operates more than 400 stores in Canada and worldwide and employs close to 6,000 people. The Company creates, designs, markets and distributes a constantly evolving edited fashion collection to a large network of Dynamite and Garage retail stores. The brand's core strength is rooted in a solid understanding of its customer and is a design-driven fashion retail organization. More information on Groupe Dynamite is available at www.dynamite.ca View original content with multimedia: http://www.prnewswire.com/news-releases/groupe-dynamite-deploys-oracle-retail-planning-and-optimization-cloud-services-300581253.html SOURCE Oracle
REDWOOD SHORES, Calif., Jan. 11, 2018 /PRNewswire/ -- Today, Oracle announced that Group Dynamite deployed Oracle Retail Merchandise Financial Planning Cloud Service to propel teams forward with an integrated, science-based cloud planning solution. Groupe Dynamite operates more than 400 stores and online shopping experiences in 10 countries and employs more than 6,000 people with brands Garage and Dynamite.As a fast fashion retailer, Groupe Dynamite delivers creative and fresh merchandising to drive customer engagement across multiple touch points. Groupe Dynamite required one unified global planning approach to drive inventory performance, the flexibility to configure the interface and the ability to infuse data science into assortment prioritization, all while supporting open-to-buy processes. "Our current process and incumbent solution required an assortment planning process that was time consuming and cumbersome. By shifting to Oracle Retail, we are empowering our teams with an intuitive and modern interface, and a holistic planning solution that provides store level detail and allows us to make more strategic merchandise decisions," said Julie Fillion, Senior Director of Planning, Groupe Dynamite. "Currently we have a team of regional product intelligence professionals dedicated to analyzing data and identifying and transferring products into stores. With millions of items per year, we need to be more efficient with how we allocate time for products, especially in a highly competitive market," said Sylvain Duval, Chief Operating Officer, Groupe Dynamite. "We want to apply the science and optimization of Oracle Retail Cloud Services to drive efficiency and productivity today. The deployment of Oracle Retail Merchandising Financial Planning Cloud Service took three months and we stayed on time and on budget and look forward to the next phase to implement Oracle Retail Assortment Planning Cloud Service." Groupe Dynamite has a long-standing partnership with Oracle Retail. In 2011, Groupe Dynamite launched fast fashion women's apparel retailer brands Garage and Dynamite in the U.S. supported by Oracle Commerce solutions. Underlying these applications is Oracle SOA Suite, which Groupe Dynamite is using to streamline real-time messaging processes. In 2014, Groupe Dynamite deployed Oracle Retail Merchandising, Stores and Financial Inventory Management solutions to accelerate international expansion with a single view of inventory.