LONG RANGE STRATEGIC PLANNING
Lululemon is an iconic Canadian premium athletic apparel retailer based in Vancouver. The company has over 700 stores worldwide and a significant on-line presence.
BluMarble has been working with Lululemon since early 2023, helping them improve and extend their Oracle EPM capabilities. After a business transformation project with one of the Big 4 advisory firms, Lululemon selected BluMarble to assess the state of their current EPM applications and environment, align these applications with new business needs, and implement these needs with Oracle technology.
As part of our initial assessment, BluMarble reviewed the architectural design and management of their environments and made a number of recommendations that were then implemented to build efficiencies into these environments.
We were then tasked to redesign, enhance, and implement their strategic planning application. A serious deficiency in their previous application was that it was only able to forecast 1 year out. With the new foundation, this application now has the ability to plan out 5 years, while aligning with metadata in the Annual Operating Plan, reducing the integration effort, and providing scalability for the future.
Following the successful rollout of the “Strategic Modeling” application, phase one of a master data management initiative was launched using Oracle’s Enterprise Data Management Cloud Service (EDMCS). This pilot project proved out Oracle’s ability to seamlessly manage metadata across EPM applications. The next phase will include additional EPM applications, the entire Oracle platform, and then across all technologies.
We are currently engaged with Lululemon in a Proof of Concept engagement where new Oracle EPM product capabilities are being utilized to manage the growing requirements of the organization.