CCC Group speeds up digital transformation
Monday January 7 2019
Polish footwear retailer CCC Group is accelerating its digital transformation with new software
The company is using Oracle Retail Merchandising and Planning and Optimization solutions to maximise profitability that will fuel expansion.
Using Oracle Retail Clearance Optimization, CCC Group quickly experienced a 4.2% increase in gross margin and a 7.1% increase in inventory sell-through. The technology provides CCC Group with a new business process that provides its analysts with fact-driven markdown recommendations and exception reporting based on inventory style, colour and location.
With the support of Oracle PartnerNetwork Gold Level Partner Pronos, CCC Group began implementing additional solutions including Oracle Retail Merchandise Financial Planning and Assortment Planning followed by allocation, replenishment and merchandising.
Combined with Oracle Retail Clearance Optimisation, CCC Group can now reconcile the impact of discounts on inventory and automatically gain approval on pricing with Oracle Retail Merchandise Financial Planning.
“Oracle Retail Clearance Optimization provides us with the flexibility to adjust to our business needs and markets while providing a stable, intelligent and scalable platform. We have shifted from a 100% manual process to a solution that runs millions of combinations to come up with the best recommendations for our experts,” said Piotr Pawłowski, CIO, The CCC Group.
CCC Group is continuing their transformation by implementing Oracle Retail Merchandise Operations Management, supported by Accenture, to establish a single view of inventory that drives greater efficiency across omnichannel retail operations.