6 November 2019
The Weekly

Myer is implementing technological changes to bolster further growth in a new partnership with Oracle. The implementation aims to transform its digital presence. The partnership allows Myer to ‘transform’ its end-to-end merchandise systems, inventory processes, and planning capabilities, resulting in reduced stock and improved sales, margin, and markdown reduction. Phase one included the implementation of stock reduction and delivered ‘immediate results’. The second phase included a ‘cross-functional solution development team’ who adopted an agile implementation methodology. The project spanned across three weeks.