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Profit Optimized Inventory for Retailers

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4R Systems Forecasting and Replenishment Solution Rolling Out to North America’s Leading Network of Travel Centers

January 14, 2021 By Ryan Lim Leave a Comment

Pilot Company to implement 4R software in its stores to strengthen inventory management across its network.

BERWYN, PA, January 14, 2021 – 4R Systems, Inc., a leading provider of cloud-based machine learning & AI solutions that help retailers optimize their supply chain and merchandising decisions, announced that Pilot Company has selected its machine learning Forecasting and Replenishment Solution. Pilot Company is the largest operator of travel centers in North America, with more than 750 company-owned locations in the United States and Canada.
[Read more…]

Filed Under: Analytics, Artificial Intelligence, Forecasting, Machine Learning, News, Replenishment

Get an Aerial View with Clustering Analysis

November 18, 2020 By 4R Systems Leave a Comment

Recently, 4R Systems introduced the all-new 4R Navigator – a suite of machine learning-powered analytics services designed to help retailers solve critical business challenges. 4R Navigator consists of four scientifically designed solutions that provide actionable insights with very fast results, and without the typical overhead costs. These solutions can be deployed and provide quick – but substantial – wins in as little as 3-6 weeks.

We already explored SKU Rationalization and how it can help you navigate your assortment. To better comprehend what clustering is, it’s best to get an aerial view of your organization so you can see the bigger picture.
[Read more…]

Filed Under: Analytics, Artificial Intelligence, Assortment Optimization, Blog, Forecasting, Machine Learning

One of These SKUs is Not Like the Other: Navigating Your Assortment

October 12, 2020 By 4R Systems Leave a Comment

Optimizing Your Assortment with 4R Navigator

[Read more…]

Filed Under: Analytics, Artificial Intelligence, Assortment Optimization, Blog, C-Store, Forecasting, Machine Learning

Machine Learning: What It Is and How It Can Help Retailers

February 5, 2019 By 4R Systems Leave a Comment

Analytics in Retail over the past couple of decades has grown from better predictions to better decisions.

[Read more…]

Filed Under: Analytics, Artificial Intelligence, Assortment Optimization, Blog, Forecasting

Trends in Retail

January 25, 2019 By Marsha Shapiro Leave a Comment

The retail world of today is very different than it was 20+ years ago (and, yes, I’m old enough to remember).  But, like the fashion world, some retail trends are coming full circle and starting to make a comeback (remember thinking bellbottoms would never return?). Retail used to be focused on the customer experience. Do you remember getting excited to go to Woolworth with your grandparents just so you could visit the soda fountain for a grilled cheese and milkshake? Years ago, shopping wasn’t just an ‘in and out’ thing. It was an all-day outing with the whole family. It was an experience. 

[Read more…]

Filed Under: Analytics, Artificial Intelligence, Assortment Optimization, Blog, Forecasting, inventory Tagged With: advanced analytics, AI, artificial intelligence, machine learning, retail, Retail Analytics, Trends in Retail

‘Tis the Season for Seasonal Product Inventory Management

November 12, 2018 By Marsha Shapiro Leave a Comment

The holiday shopping season is right around the corner and for many retail owners, this can be a stressful time for many reasons. There are larger crowds, a need for extra staff, the general strain of the holiday hustle and bustle and the guessing game of how much extra inventory you’re going to need in your store to accommodate those crowds. [Read more…]

Filed Under: Analytics, Blog, Forecasting, inventory Tagged With: advanced analytics, inventory, machine learning, omni retail, Omnichannel, retail, Retail Analytics, seasonal allocation, seasonal inventory, supply chain

Look Ahead & Application Delay

August 6, 2018 By 4R Systems Leave a Comment

Get a deeper look at the “Look Ahead & Application Delay” features 4R uses to help retailers manage peak times throughout the year such as Christmas, Easter, Mother’s Day, and other holidays by bringing in inventory early.

[Read more…]

Filed Under: Blog, Forecasting

RECENT NEWS

  • 4R Systems Forecasting and Replenishment Solution Rolling Out to North America’s Leading Network of Travel Centers
  • 4R Systems Launches 4R Navigator
  • 4R Systems Taps Mark Garland as President and CEO




Book: The New Science of Retailing


FEATURED ARTICLES

  • Essential Retail Article: John Lewis-style Profit Sharing
  • RIS News: Retail Supply Chain Shifts to a Unified Model
  • Making Inventory Profitable
  • Taking the Guesswork out of Markdowns


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Twitter Updates

  • Pilot Flying J has selected 4R Systems machine learning Forecasting and Replenishment Solutions:… https://t.co/v2ZnYeStOm Jan, 14, 21
  • RT @RTouchPoints: Data Will be Key to Retail Success in 2021 https://t.co/11NCdTDwNb https://t.co/PqMnnCCqJ5 Jan, 11, 21
  • RT @RTouchPoints: Retail Sales Grew 3% Over Extended Holiday Purchase Period — And the Season Isn’t Over Yet https://t.co/4JfrrgMJBE https:… Jan, 05, 21
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