Bed Bath & Beyond Inc. is selecting Oracle as its enterprise resource planning (ERP) technology provider.
The home goods chain will implement the Oracle Cloud ERP platform and Oracle Retail Merchandising Cloud Service to provide real-time financial, supply chain and merchandising solutions. Bed Bath & Beyond will replace its existing legacy suite of technology systems with the Oracle platform.
This upgrade is the first step in the retailer’s planned $250 million investment to drive modernization and innovation in its technology platforms. This technology investment will enable Bed, Bath & Beyond to use analytics and automation to support improvements in merchandising and inventory management, product lifecycle management, retail space planning and optimization, private brand management, and real-time tracking of merchandise fulfilment within the supply chain.
Source: Chain Storeage
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