Retailers are invited to meet with the 4R team January 11-13, 2015, at booth 3373 to learn how the company enables retailers to profit optimize their inventory, accurately matching supply with demand. 4R efficiently manages $45 billion annually in retailers’ revenue.
BERWYN, PA, Friday, January 9, 2015 – 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that helps retailers increase profits by optimizing their inventory and related supply chain decisions, will be presenting its Allocation 2.0 solution for fashion and short season multichannel retail inventory. The company applies a scientific algorithm to inventory, recognizing it as a retailer’s greatest investment.
4R’s solution is built on the premise of having the “Right product, Right place, Right time, to drive the Right profit.” 4R’s solutions are used by multichannel retail clients to manage over 330,000 SKUs, 8 billion reorder points, and $45 billion in multichannel revenue.
4R’s Allocation 2.0 leverages the buying team’s expertise through a state-of-the-art web interface to guide a sophisticated forecasting methodology. It then applies an industry-unique optimization algorithm to produce allocations that balance the risk of stockouts against the cost of stranded inventory at each week of the season.
Kevin Stadler, President and CEO, said, “4R’s Allocation 2.0 is a totally new way to look at fashion and short season decisions. We not only quantify benefit but can also reduce risk by introducing science into the merchant’s decision process. Since we see profit as the primary KPI, our entire solution is designed to increase profit. Our experts implement our technology around the needs of each retailer by optimizing the model and seasonality matching. We understand that while there are common inventory challenges, each retailer presents challenges unique to their chain. We increase profit on every SKU, every channel, every day. After all, the bottom line is what matters.”
4R’s multichannel inventory solution is low risk—it requires no capital investment, no additional headcount, and is a pay-as-you-go offering. Further, the offering enables retailers to focus on higher value tasks.
Interested retailers can visit with the 4R team at booth 3373 and can obtain a free NRF Expo Hall pass by visiting https://4rsystems.com/nrf-2015/, courtesy of 4R Systems. Visit https://www.4rsystems.com to learn more about the company or call +1(646) 807-8555.