4R Systems

Profit Optimized Inventory for Retailers

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4R will be participating in the Retail Innovation Conference from April 30-May 2 in NYC as a gold sponsor and invites national retailers to learn how to increase profit in challenging economic times.

BERWYN, PA – 4R Systems, Inc. a leading provider of advanced omni retail inventory and supply chain solutions, announced they will serve as a gold sponsor at the 2018 Retail Innovation Conference. The company uses science and technology to help retailers maximize profit from their omni retail inventory investment.

The Retail Innovation Conference offers opportunity for retailers to learn from top retail executives and analysts how to be more profitable and deliver more powerful customer experiences. The conference gives participants best practices and ideas that are actionable and can be implemented within their businesses. Retailers can meet and speak with experts in a relaxed, interactive environment. Additionally, the event offers hands-on workshops, exclusive strategy focused panels, and intimate networking opportunities.

Mark Garland, Executive Vice President Sales, Marketing & Solutions, said, “We are anticipating a great turnout this year at RIC. We are eager to participate in this event and to share what we know about inventory solutions in a more intimate and personal setting. This event offers a fantastic opportunity to network with retail professionals and to learn more about industry trends.”

As a gold sponsor, 4R will host a roundtable discussion on How to Profit Optimize Retail during the event. 4R’s suite of inventory solutions prevent inventory distortion and accurately forecast every SKU in the retail chain. Its proprietary algorithm uses machine learning to help retailers view inventory stocking levels in terms of profitability. 4R’s machine learning powered algorithm uses both predictive and prescriptive analytics to not only predict future behavior, but also to empower retailers to enhance profit generation. 4R’s knowledge and industry insight, coupled with its proprietary technology and solutions has enabled retailers nationwide to increase profitability in their supply chain.

Retailers can learn more about 4R’s retail solutions by visiting https://4rsystems.com/. Get live updates on Twitter by searching for #RIC18. Connect with 4R Systems on Facebook, LinkedIn, and Twitter for insightful industry trends and best practices.

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4R invites retailers to meet with their team January 14-16, 2018, at booth 2683 to learn how machine learning and artificial intelligence can help boost inventory profitability.

BERWYN, PA, January 11, 2018 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its full suite of inventory profit optimization solutions will be presented at the 2018 NRF Annual Convention & Expo. The company uses science and technology to help retail chains maximize profit from their omni retail inventory investment.

4R’s suite of inventory solutions prevent inventory distortion and accurately forecast every SKU in the retail chain. Its proprietary algorithm uses machine learning to help retailers view inventory stocking levels in terms of profitability. Attempting to predict future inventory demand is an ongoing struggle for retailers, and slightly inaccurate forecasting puts profit at risk. Most modern inventory management systems are not capable of addressing the entire supply chain and its numerous fulfillment options, such as physical store, online, click and collect, mobile apps and catalog. 4R’s machine learning powered algorithm uses both predictive and prescriptive analytics to not only predict future behavior, but also to help retailers enhance profit generation.

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Please accept this courtesy pass to the NRF EXPO with our compliments. The 4R team invites you to visit with them at NRF booth  2683. You’ll want to see what we have in store for retailers wanting to profit optimize their omni retail supply chain!

EXPO Hours

  • Sunday, Jan. 14: 10:30 am – 5:00 pm
  • Monday, Jan. 15; 9:00 am – 5:00 pm
  • Tuesday, Jan. 16: 9:00 am – 5:00 pm

Please complete the form below and we’ll email you a link to download your courtesy expo pass.

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4R will demonstrate how machine learning techniques create a profit optimal inventory solution that addresses every SKU in a retail chain, regardless of inventory type or cost.

BERWYN, PA, October 18, 2017 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its sponsorship of ABIESV, the largest resource for complete retail solutions in Brazil. The event will feature the point of sale journey, which includes assortment optimization, promotion management and visual merchandising.

The Brazilian retail industry is highly progressive. The fast growth demands solutions that can maximize profit in the supply chain. 4R’s inventory products are designed to profit optimize each phase of the supply chain and merchandising process.

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4R sponsors the NextPoint event for the fourth consecutive year and will present its omni retail inventory solutions in a board room setting.

4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its sponsorship of NextPoint, October 1-4, 2017 at the Fontainebleau Miami Beach. NextPoint is a gathering of visionaries from top Chain and Restaurant organizations driving innovation that leverages technology in a unique, structured, strategic forum.

4R will present its profit optimized inventory solution in a board room setting where individual retailers can share their inventory challenges privately and confidentially. 4R’s inventory products are tailored around the specific challenges and opportunities of each retailer, and include Initial Buy, DC Replenishment, Vendor Order Optimization, Store & Omni Replenishment, Assortment Optimization, Seasonal Allocation and Markdown Optimization.

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As 4R’s product offering expands, Shapiro will oversee the process of product development from concept through general availability.

BERWYN, PA, September 27, 2017 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced Marsha Shapiro to serve in the newly created position of SVP, Product Management.

Marsha Shapiro is responsible for the strategy and design of the 4R Systems Product Suite. She brings over 20 years of retail software design and implementation experience in managing the entire product lifecycle using an agile framework.

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4R invites retailers to register for the complimentary webinar on its website.

BERWYN, PA, September 14, 2017 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its webinar for retail professionals, “Why Your Assortment Isn’t Returning Maximum ROI.” It will be held Tuesday, September 19, 11:00 am EST. Retailers can register here.

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Bedrock Data interviewed Mark Garland, EVP of Sales & Marketing at 4R Systems, to learn more about how they are driving improvements in their sales and marketing process as a foundation for growth. 4R Systems is a leading provider of advanced omni retail inventory and supply chain solutions. Below is a transcript of their conversation with Mark.

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Click here to meet with 4R at RBTE.

The solution uses prescriptive analytics for profit-optimal inventory assortment and quantifies the benefits of key merchandising decisions, increasing localisation and reducing SKU proliferation. 4R invites retailers to meet with their team 8-9 May 2017, Olympia, London, UK at Stand 510.

BERWYN, PA, USA, 2 May 2017 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its next generation assortment optimisation solution for omni retail chains. The company uses science and technology to help retail chains maximise profit from their omni retail inventory investment.

Many retailers use predictive analytics to determine assortment across their retail chain. 4R’s solution uses prescriptive analytics and machine learning to uncover correlations between product attributes and sales, identify substitution patterns, model the impact of promotions and seasonality, and predict demand for each item at every location, even where a product has never been sold. This equips a retailer to identify winning SKUs, prevent negative effects, and correct for stockouts.

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Learn how the company’s newest solution uses prescriptive analytics for profit-optimal inventory assortment. 4R will present its solution at NRF’s Annual Expo, Retail’s Big Show; Offers Industry’s Only Profit Guarantee.

4R invites retailers to meet with their team January 15-17, 2017, at booth 1315 to learn how the company’s newest solution uses prescriptive analytics for profit-optimal inventory assortment.

BERWYN, PA, January 11, 2017 – 4R Systems, Inc., a leading provider of advanced omni retail inventory and supply chain solutions, announced its next generation assortment optimization solution for omni retail chains. The company uses science and technology to help retail chains maximize profit from their omni retail inventory investment.

Many retailers use predictive analytics to determine assortment across their retail chain. 4R’s solution uses prescriptive analytics. It uses sophisticated demand decomposition logic based on true demand, not just past sales results. This equips a retailer to identify winning SKUs, prevent negative effects such as cannibalism and halo, as well as correct for stockouts. 4R’s prescriptive analytics move beyond showing what happened in the past, and beyond predicting future inventory activity. The solution accurately prescribes what, when, and where each SKU should be in the retail chain. 4R manages over $45 billion in retailers’ revenue and creates over 8 billion reorder points annually.

Mark Garland, 4R’s Executive Vice President Sales, Marketing & Solutions said, “4R’s assortment optimization solution is a retail game changer. Retailers have been pressured to pay exorbitant amounts of money for enterprise solutions with no assurance of increased profit—until now. 4R offers an Inventory Productivity Analysis. It shows in advance how much profit increase the retailer can expect. We always hit our target, or exceed it.”

“4R’s assortment optimization gives retailers the results they want,” added Frank Palazzo, Senior Product Manager for 4R. “Of course this solution solves inventory management challenges, but it doesn’t stop there. The end goal is to maximize profit for every SKU in a retail chain, so we crafted a solution that removes the guesswork and delivers more profit.”

The solution helps retailers increase profit in these ways:

  • It identifies winning SKUs, even those not offered in current assortments.
  • It quantifies the benefits of key merchandising decisions, increasing localization and reducing SKU proliferation. Clients can see in advance the additional profit from increasing the assortment localization and select the level appropriate to its business.
  • Visualization tools enable clients to control assortment size based on revenue, profit, SKU count, space goals or other business constraints.
  • It eliminates the need for third party measurement tools by automatically tracking rollout and performance of assortment changes during a pilot test as well as full deployment phases.
  • It continually monitors category performance to trigger re-assortment if performance lags as well as on a scheduled basis.
  • When combined with 4R replenishment, 4R’s assortment optimization requires no additional data feeds and can calculate the impact of assortment changes on inventory cost.

Like all solutions offered by 4R, assortment optimization is cloud based, requires no capital investment, no additional staff, and minimal IT resources. Deployment and ROI can be realized in a few months, not years!

Retailers can learn more about 4R’s Next Generation Assortment Optimization Solution for Retailers at the NRF’s Big Show, January 15-17, 2017, at booth 1315.  Qualified retailers can obtain a free NRF Expo pass by visiting https://4rsystems.com/nrf/, courtesy of 4R Systems.

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