launches merchandising solution for retailers

NEW DELHI: Enterprise software major Oracle on Monday launched its retail merchandising solution in the country to tap the mid-market retailers. The solution will provide a simplified approach to merchandising and enable retailers to profitably and efficiently execute core merchandising activities such as inventory replenishment, purchasing and vendor management across multiple channels, a company statement said here. The retailers can improve the return on their merchandising systems investment by up to 90% and can accelerate payback by as much as six months with this new solution, it said.