Answear.com Modernizes its Retail Planning Processes with Oracle Cloud
      Leading fashion e-commerce retailer taps 
      
        
Answear.com is an online store operating in 12 European markets with over 200,000 selected premium products and limited collections from over 700 high-end global brands.
"Our rapid expansion into international markets, coupled with a growing assortment of brands and product groups, demanded a more sophisticated planning solution," said Magdalena Dąbrowska, Board Member, Answear.com. "Oracle's Retail Cloud solutions provide the flexibility and scalability we need to optimize our planning processes, react quickly to customer trends, and ultimately deliver a better product offering to our customers."
Operating on a modern retail merchandising platform will help enable Answear.com to increase planning precision through better accounting for seasonality, old stock, and e-commerce specific performance indicators such as customer traffic. The platform will also provide the retailer with the intelligence needed to help reduce markdowns by better aligning product offerings with customer demand and minimizing end-of-season stock through enhanced inventory management and forecasting.
The implementation was led by Oracle Retail partner Spyrosoft.
"It was truly exciting to work on a project for such a renowned and fast-growing company," said Łukasz Szała, principal, Oracle Retail Planning, Spyrosoft. "Answear.com has an excellent planning team with a clear vision for the future and a strong track record of success, with Oracle solutions aligning seamlessly with their goals."
"With Oracle's cloud-based retail platform and 
Learn more about Oracle market leading assortment planning solutions at: https://www.oracle.com/retail/planning-optimization/
      About Answear.com 
Answear.com is a place where fashion and lifestyle meet in the most inspiring way. Operating in 12 European markets, the online store offers an incredible selection of over 500 global brands - from classic style icons such as 
Beyond fashion, Answear.com offers designer home decor to help bring personal style into living spaces. The HOME section is a creative hub filled with carefully curated decorations, accessories, and unique gift ideas.
      About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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SOURCE Oracle
