Profit Optimized Inventory for Retailers
4R invites retail supply chain professionals to book their seats for complimentary half-day events: in Manchester on 26 October, and in London on 27 October. Attendees can learn how the company uses science and technology to help retail chains maximize profit from their omni retail inventory investment.
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BERWYN, PA, USA, 7 March 2016 – 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that uses science and technology to help retail chains maximise profit from their omnichannel inventory investment, announced its sponsorship of RBTE, Retail Business Technology Expo. There 4R will be presenting two new product offerings that help retailers generate more profit from omnichannel stock: Assortment Optimisation Solution and Seasonal Allocation 2.0. 4R boasts its solutions cost a fraction of traditional replenishment systems, and increases profit with a quick ROI—months, not years.
The first product, 4R’s Assortment Optimisation Solution (AO), positions retailers to model demand for products in a category by their attributes and find the best set of products to maximise sales or profit. AO also helps determine the optimal number of products for a retailer’s omnichannel inventory.
4R President and CEO Kevin Stadler said, “We leverage behavioral analytics to accurately determine consumer demand. Further, our solution can accurately predict the probability shoppers will select a similar product when the first choice is unavailable. These analytics can help unify your entire supply chain and increase profit.”
The Assortment Optimisation Solution moves far beyond traditional SKU rationalization to optimize, and not just reduce, assortment.
4R also announced Seasonal Allocation 2.0 is now in general availability. Seasonal Allocation offers retailers a cloud-based suite of tools to manage the allocation of short seasonal products through their entire lifecycle, from initial pre-season allocation through to post-season analysis. Seasonal Allocation clients can define and configure seasons, customize the demand profile for each SKU, manage initial and weekly store allocations, and review season performance during and after the season, all via a web-based graphical user interface. The Seasonal Allocation forecasting engine blends multiple components in different weights during the season to maximise accuracy. It then applies a proprietary optimisation algorithm to produce allocations that balance the risk of stock outs against the cost of stranded inventory at each week of the season.
Stadler added, “Our Seasonal Allocation 2.0 Solution for retailers brings a new level of simplicity and accuracy in the supply chain. Retailers using our Seasonal Allocation Solution will see higher levels of both revenue and profit in their fashion and short seasonal products.”
Both products have been developed to maximise profit from omnichannel stock. Interested retailers can learn more about both product offerings by visiting with the 4R team at Stand 510.
4R invites retailers to meet with their team January 17-19, 2016, at booth 3481 to learn how the company uses science and technology to help retail chains maximize profit from their omnichannel inventory investment. 4R efficiently manages $45 billion annually in retailers’ revenue.
BERWYN, PA, Monday, January 18, 2016 – 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that uses science and technology to help retail chains maximize profit from their omnichannel inventory investment, announced Seasonal Allocation 2.0 Solution is now in general availability.
Seasonal Allocation offers retailers a cloud-based suite of tools to manage the allocation of short seasonal products through their entire lifecycle, from initial pre-season allocation through to post-season analysis. Seasonal Allocation clients can define and configure seasons, customize the demand profile for each SKU, manage initial and weekly store allocations, and review season performance during and after the season, all via a web-based graphical user interface. The Seasonal Allocation forecasting engine blends multiple components in different weights during the season to maximize accuracy. It then applies a proprietary optimization algorithm to produce allocations that balance the risk of stock outs against the cost of stranded inventory at each week of the season.
Kevin Stadler, 4R’s President & CEO, said, “Our Seasonal Allocation 2.0 Solution for retailers brings a new level of simplicity and accuracy in the supply chain. Retailers using our Seasonal Allocation Solution will see higher levels of both revenue and profit in their fashion and short seasonal products.”
4R offered Seasonal Allocation to a limited group of retail clients in 2015. After verified profit improvements in each case, the company is offering the solution to any retailer challenged to maximize profit opportunity from seasonal and fashion inventory.
Seasonal Allocation Solution 2.0 delivers four key advantages over traditional retail allocation solutions:
Retailers can learn more about 4R’s Seasonal Allocation at the NRF’s Big Show, January 17-19, 2016, at booth 3481. Qualified retailers can obtain a free NRF Expo pass by visiting https://4rsystems.com/nrf/, courtesy of 4R Systems.
Stadler added, “No other solution on the market today can match the ROI of our seasonal allocation solution.”
4R invites retailers to meet with their team January 17-19, 2016, at booth 3481 to learn how the company’s newest solution optimizes inventory assortment to increase profit.
BERWYN, PA, Sunday, January 17, 2016 – 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that uses science and technology to help retail chains maximize profit from their omnichannel inventory investment, announced an assortment optimization solution designed to increase profit.
4R’s solution positions retailers to model demand for products in a category by their attributes and find the best set of products to maximize sales or profit. AO also helps determine the optimal number of products for a retailer’s omnichannel inventory.
Please accept this courtesy pass to the EXPO with our compliments. The 4R team invites you to visit with them at NRF booth 3481. You’ll want to see what we have in store for retailers needing an allocation solution!
4R Team members put on their running shoes to participate in the Great Valley Corporate Center 5K. Our custom shirts say, “Running up your profits.”
Improved customer experience and financial results are central to the engagement. Pep Boys’ complex inventory environment demands a solution beyond what traditional replenishment systems offer.
BERWYN, PA, August 27, 2015 – 4R Systems, Inc. announced its selection by Pep Boys to deploy its retail inventory solution across the retail chain’s 800+ stores in 35 states and Puerto Rico. Pep Boys holds 16 million SKU’s on replenishment. 4R’s scientific algorithm matches supply with demand for each SKU throughout the entire omnichannel supply chain. The system is designed to deliver an improved customer experience and improved financial results.
Azure positions 4R for greater growth and brings more SAN, server power and cooling capacity.
BERWYN, PA, August 13, 2015 – 4R Systems, Inc. announced its move to Azure as its cloud platform of choice. 4R, a leading provider of advanced supply chain analytics which help retailers gain significantly increased profits by optimizing their omnichannel inventory investments, serves large retail chains nationwide.
The company has a growing list of national retail customers, and each new customer results in terabytes of data being created and the need for more computing power. The company chose to leverage the benefits and scalability of the cloud while keeping costs in check.
David Leonard, 4R’s CTO said, “We were faced with a choice: continue to make investments in our in-house data center, or move to a cloud platform. We chose to take advantage of the flexibility and scalability of Azure.”
The company designed a virtual private network between its data center and Azure using a dedicated, high-speed connection. 4R requires high-performance data access so it took advantage of Microsoft’s Azure Premium Storage.
“We are excited 4R has selected Microsoft Azure as its cloud platform of choice,” said Nicole Herskowitz, Senior Director of Product Marketing, Microsoft Azure. Growing companies like 4R choose Azure because of the flexibility it offers and the ability to tailor its business to the needs of its clients without technology constraints.”
4R has already moved one client into full production in Azure, and has several more provisioned and ready to go.
Retailers interested in reading 4R’s mini case study can download it here.
Watch the opening bell and a nice mention of 4R’s sponsorship at 5:45.
The Summit takes place April 27-28, 2015, NASDAQ MarketSite in Times Square, NYC.
BERWYN, PA, April 16, 2015 – 4R Systems, Inc. announced it will serve as lead sponsor for Knowledge@Wharton’s High-Velocity Growth Series: The 2nd Retail & Consumer Goods Executive Summit. The Summit will take place April 27-28, 2015 in the NASDAQ MarketSite in Times Square, New York City. 4R is a leading provider of advanced inventory and supply chain services that help retailers increase profits by optimizing their inventory and related supply chain decisions.
4R Systems’ CEO Kevin Stadler will deliver a joint presentation with two of its retail clients, Family Dollar and Pep Boys. The presentation, “Improving the Customer Experience through Localization: Methods Two Retailers are Using to Get There,” will spotlight Robert Q. Jones, III, Divisional Vice President of Merchandising Services at Family Dollar, and Camille A. Fratanduono, Vice President of Merchandising Operations at Pep Boys. The retail clients will share how they have increased profits and efficiency by leveraging inventory and supply chain analytics and services in their respective chains.
4R’s CEO Stadler said, “Knowledge@Wharton’s Retail and Consumer Goods Executive Summit is a valuable opportunity to hear many top retail thought leaders. I’m proud to continue 4R’s strong tradition of retail thought leadership, and especially honored to present with our clients from Family Dollar and Pep Boys.”
The Retail and Consumer Good Executive Summit features retail leaders from AT&T Retail Sales & Service, Cinnabon, Foot Locker, Frito-Lay, General Growth Properties, Heineken USA, Major League Soccer, Rue La La, Things Remembered, Taco Bell and many more.
Interested retailers can learn more and receive a 15% registration discount for Knowledge@Wharton’s Summit here: https://www.4rsystems.com/knowledge-wharton-retail-2015/. Register online or call +1(646) 807-8555.
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