Stein Mart eyes omnichannel growth with Oracle Retail solutions

US clothing retailer Stein Mart has selected the Oracle Retail Merchandise Financial Planning Cloud Service to better manage its inventory.

This will see it consolidate the planning and forecasting process for its physical stores, online store and warehouses into one solution. Stein Mart previously implemented Oracle Retail Merchandising, Oracle Retail Store Inventory Management, Oracle GoldenGate, Oracle JD Edwards, and Oracle Retail Point of Sale.

“We have been focused on simplifying our merchandising processes while expanding our omnichannel capabilities and new business initiatives. The enhanced functionality of Oracle’s Merchandise Financial Planning solution will help us analyse data faster to create better plans up front so we can buy smarter and manage inventory more effectively,” says Nick Swetonic, Stein Mart’s Senior Vice President of Planning and Allocation.

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