Oracle Retail Allocation is a software solution that helps retailers optimize their inventory allocation across multiple channels, locations, and products. It enables retailers to deliver the right product to the right place at the right time, based on real-time inventory information, customer demand, and business rules.

What is Oracle Retail Allocation?

Oracle Retail Allocation is part of the Oracle Retail Merchandising Suite, which provides a comprehensive platform for managing the entire product lifecycle, from planning and buying to distribution and replenishment. Oracle Retail Allocation integrates with other Oracle Retail solutions, such as Oracle Retail Merchandise Financial Planning, Oracle Retail Assortment Planning, Oracle Retail Demand Forecasting, and Oracle Retail Science Platform, to ensure that allocation decisions are aligned with strategic goals and customer preferences.

How does Oracle Retail Allocation work?

Oracle Retail Allocation allows retailers to create and execute allocation strategies based on various parameters, such as product characteristics, store attributes, category performance, and product lifecycle stage. Retailers can allocate inventory in advance of delivery or post-delivery, depending on their business needs and warehouse operations. Retailers can also allocate inventory along the supply chain, from suppliers to distribution centers to stores, to optimize merchandise flow and collection quantities.

Oracle Retail Allocation uses sophisticated rules and algorithms to calculate individual store need, based on historical and projected sales data, inventory levels, and plan data. The system also considers factors such as store capacity, minimum presentation quantity, rounding rules, pack size, and allocation priority. The system generates allocation results that can be reviewed and modified by the user before finalizing and sending them to the warehouse management system for execution.

Oracle Retail Allocation provides a user-friendly interface that supports a configurable workflow for creating and managing allocations. The system also provides various reports and dashboards that help users monitor allocation performance and identify opportunities for improvement.

What are the benefits of Oracle Retail Allocation?

Oracle Retail Allocation helps retailers achieve several benefits, such as:

• Increased sales and customer satisfaction by ensuring that stores have the right product mix and quantity to meet customer demand
• Reduced markdowns and stockouts by minimizing overstocking and understocking of inventory
• Improved efficiency and productivity by streamlining the allocation process and reducing manual intervention
• Enhanced visibility and control by providing real-time information and analytics on allocation performance and inventory status
• Greater flexibility and agility by enabling retailers to adapt to changing market conditions and customer preferences