SPAIN: El Corte Ingles implements Oracle solution
12 January 2009 | News | Source: just-style.com
Department store chain El Corte Ingles has implemented Oracle Retail's planning applications for product lifecycle management (PLM) across its 99 department stores in Spain and Portugal.
The applications will help El Corte Ingles to more effectively forecast and plan pre-season, track in-season performance, manage markdowns and improve margin control, a statement said.
Oracle said it is one of the first times El Corte Ingles has chosen not to develop its systems in-house.
Patrick Bohannon, vice president, EMEA, Oracle Retail, said: "Our success with global department stores like Arnotts and Galeries Lafayette demonstrates our strong proposition, not only to the department store business as a whole but around our capabilities in planning, forecasting and pricing strategies."