Retail chain MIG selects Oracle Retail to unify processes

Oracle Retail technologyRetail chain Marketing Investment Group (MIG) has selected Oracle Retail Merchandise Financial Planning.

MIG, which has more than 300 stores and 5 e-commerce outlets, will utilize Oracle retail solution to more detailed purchase planning, faster and more informed buying process, and reduction of stock inventory levels during collection intakes.

Oracle said the Retail Merchandise Financial Planning will assist MIG to avoid inconsistent manual spreadsheets by using the integrated planning system to drive unified processes and experiences to retail shopping customers.

“The implementation of Oracle Retail will deliver a coherent, iterative plan to follow a single version of truth for the whole company,” said Ray Carlin, senior vice president and general manager, Oracle Retail.

“We will empower our merchants and planners to manage stock by season, by truly understanding the inventory levers with Oracle Retail,” said Krzysztof Nitsch, COO of Marketing Investment Group.