NEW YORK, NY, January 11, 2010, National Retail Federation 2010 — 4R Systems, Inc., a leading provider of advanced inventory and supply chain solutions which help retailers increase profits by optimizing their inventory and related supply chain decisions, announced today that Family Dollar Stores, a leading national retailer is fully implemented on 4R’s IPMax optimized store inventory solution.
4R’s unique profit optimized inventory solutions are delivered to clients in a Software-as a-Service (SaaS) model. This model is augmented by 4R business consultants who work closely with clients to tailor the output to a client’s unique business needs and constraints. 4R’s solutions help retailers drive profit improvements when optimizing key decisions such as store and DC inventories for replenishment items, allocation of seasonal and fashion items, vendor ordering and markdown.
“Being a compelling place to shop means having the right mix of product in the stores at the right time for our customers,” said Chad Clayton, Vice President Inventory Management at Family Dollar Stores. “4R’s profit optimized store inventory service has improved our ability to maintain inventory levels that satisfy customer needs better and are more profitable for Family Dollar.”
“We’re very proud of gaining Family Dollar as a client,” said Jiri Nechleba, President & CEO of 4R Systems. “The scale of their business challenged us to prove to them that we could support an organization with the breadth of stores and merchandise. To address that challenge, we ran our evaluate, prove and implement process across the entire chain and have met every deadline, and more importantly, have accurately projected the improvement to inventory efficiency and delivered on those projections.”