SOURCE: Oracle Corporation

Oracle Corporation

January 12, 2015 08:02 ET

Academy Sports + Outdoors Implements Oracle Retail Solutions to Support Growth

Streamlined Merchandising and Inventory Operations Help Enable Continued Expansion

NEW YORK, NY--(Marketwired - Jan 12, 2015) - National Retail Federation Big Show 2015 - Oracle (NYSE: ORCL)

News Summary
As retailers manage an increasingly complex array of customer segments and channels, success hinges on simplifying and optimizing mission-critical operations such as pricing, inventory management, and allocation. For premier sports, outdoor, and lifestyle retailer Academy Sports + Outdoors, the 2014 implementation of Oracle Retail solutions is significantly reducing the time needed for key allocation tasks and is promising even more widespread benefits as the company deploys additional optimization tools.

News Facts

  • Academy Sports + Outdoors implemented Oracle Retail solutions to support expansion with a mature, proven data model and to help optimize margins as the retailer grows sales in stores and online.
  • Generating more than $4 billion in annual sales, Academy Sports + Outdoors operates more than 185 stores in 15 southeastern and midwestern states that are served by two distribution centers. When recent growth outpaced the capabilities of its legacy IT systems, the company launched a two-year project to upgrade the systems that support its merchandising, forecasting, inventory, and financial operations. 
  • Academy Sports + Outdoors chose Oracle Retail solutions to create an IT architecture that could keep pace with the company's expansion.
  • Earlier this year, the retailer completed its move to a full suite of integrated, standards-based Oracle solutions including Oracle Retail Merchandising System, Oracle Retail Price Management, Oracle Retail Sales Audit, Oracle Retail Invoice Matching, Oracle Retail Demand Forecasting, Oracle Retail Store Inventory Management, and Oracle Retail Allocation.
  • The Oracle Retail solutions created an opportunity for Academy Sports + Outdoors to document and streamline legacy system integrations and upgrade processes based on modern best practices. The resulting foundational data model and integration architecture ensures faster adaptability and scalability for the future.
  • This implementation gives Academy Sports + Outdoors the flexibility to upgrade and add new capabilities more readily, which in turn allows the company to efficiently optimize inventory and margins across regions and channels.
  • Retailers undergoing a major IT upgrade often feel the need to choose either a phased approach or an all-at-once "big bang" implementation. Academy Sports + Outdoors used elements of both in a three-phase process.
  • Logic Information Systems and Credo Technology Solutions, both Gold-level members in Oracle PartnerNetwork (OPN), and Cognizant, a Platinum level member of OPN, all contributed to the implementation and continue to support Academy Sports + Outdoors.

Supporting Quotes

  • "Transformation is critical to compete in an omnichannel market. Academy Sports + Outdoors is expanding rapidly, and with that growth comes the need for a system that is scalable and can grow with us," said Mike Hazel, chief information officer, Academy Sports + Outdoors. "Oracle Retail provides us with a foundation for growth and an integration strategy."
  • "By putting in place an integrated, scalable suite of retail solutions, Academy Sports + Outdoors has established a foundation that enables growth and flexibility," said Mike Webster, senior vice president and general manager, Oracle Retail and Hospitality. "Oracle Retail not only streamlines those processes that facilitate higher margins but it also layers in the advanced planning and optimization tools that enable retailers to fine-tune the customer experience and drive sales across regions and channels."

Supporting Resources

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