Archive for 2014

Park City Group’s Visibility Delivers Sales Lift of 7% and 20% Reduction in Returns for Commercial Bread Department

Salt Lake City, UT – Park City Group (NASDAQ: PCYG), a leader in consumer goods supply chain technology designed to increase sales and reduce out-of-stocks, helped a large regional retailer increase sales by 7% and reduce product returns across their commercial bread category by 20% through better visibility of store/SKU consumer demand and using point of sale data to improve store orders and delivery cycles. The retailer is using Park City Group’s Visibility solution to achieve these results.

Park City Group’s Visibility solution provides shelf performance insight and directive action using analytics based on daily supply chain movement including point of sale data, deliveries and returns, and inventory counts. Analysis results convey where out-of-stocks are, what items are losing sales and how to resolve out-of-stocks and overstocks.

“When this retailer gained visibility to the entire category, their suspicions about lackluster category performance were confirmed,” said Randall Fields, CEO of Park City Group. “Once the analysis was conducted, space-to-sales planograms were developed and vendor performance was score-carded which lead to sales increases of 7% and returns reduction of 20%. With this category showing consistent improvement, this retailer is now moving onto another category and expects to see similar results.”

About Park City Group

Park City Group (NASDAQ: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it as well as providing food safety tracking information. The Company’s service increases customers’ sales and profitability while enabling lower inventory levels and ensuring regulatory compliance for both retailers and their suppliers. Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world, and provides retail trading partners with a distinct competitive advantage to store/SKU level visibility that sets the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting.

Park City Group Duo Addresses Food & Dairy Convention in Orlando

Salt Lake City, UT – Two executives from Park City Group (NASDAQ: PCYG), a leader in consumer goods supply chain technology designed to increase sales and reduce out-of-stocks, addressed more than 200 attendees of the All Star Convention in Orlando, Florida on Saturday, March 15. Mark Trowbridge, head of Park City Group’s Dairy Advisory Forum, presented “Supermarket/Big Box Store Insider Tips” to give insights from a mass merchandise and grocery buyer perspective on key strategies for improving business. Christina Romas, Director of Business Development for ReposiTrak™, Park City Group’s food, drug and supplement safety solution, led the “Track and Trace Your Products” session, providing insights on recent food regulations, product traceability and how to minimize food safety risks at dairy companies.

“We are honored to have had two representatives of Park City Group asked to speak at All Star’s conference,” said Randall Fields, CEO of Park City Group. “Mark knows the milk business and what a mass retailer is looking for. Through his presentation, attendees gained valuable insight and concrete strategies for engaging with retail buyers.”

Fields continued, “Christina provided up-to-the-minute information on the evolving regulations of the Food Safety Modernization Act most recently determination of ‘high risk foods’ and how they will impact dairy providers. Her talk gave the attendees a look at ways to manage risk throughout the extended supply chain.”

About Park City Group

Park City Group (NYSE MKT: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it as well as providing food safety tracking information. The Company’s service increases customers’ sales and profitability while enabling lower inventory levels and ensuring regulatory compliance for both retailers and their suppliers. Through a process known as Consumer Driven Sales OptimizationTM, Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world. Scan based trading provides retail trading partners with a distinct competitive advantage through scan sales that provides store level visibility and sets the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting.

About All Star Association

All Star Association is a member-owned purchasing association that leverages the collective volume of its membership to increase buying power for the benefit of all members. The association specializes in working with companies in the food and beverage industries. All Star Association’s mission is to: Offer the members of the association a variety of services to help strengthen their operations, thus making them more profitable; Utilize the combined buying power of the members to benefit all; Conduct business with members, suppliers and employees in a fair and ethical manner. All Star Association is governed by a board comprised of leaders from member companies.

About ReposiTrakTM

ReposiTrak is collaboration between Leavitt Partners and Park City Group. The collaboration provides food retailers and suppliers with a robust solution to help protect their brands and remain in compliance with rapidly evolving regulations in the Food Safety Modernization Act. Powered by Park City Group’s technology, ReposiTrak is an internet-based solution that enables all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products move between trading partners. More information is available at www.repositrak.com.

About Leavitt Partners

Leavitt Partners advises clients in the health care and food safety sectors. The firm applies its experience, knowledge and a network of global relationships to serve our clients. As a food safety and health care intelligence business we provide the best available window to the future of American health care. More information is available at www.leavittpartners.com.

Park City Group’s Romas Appointed to ROFDA Advisory Council

Salt Lake City, UT – Park City Group (NASDAQ: PCYG) announced today ROFDA, Retailer Owned Food Distributors & Associates, appointed Park City Group Director of Business Development Christina Romas to their seven-member Advisory Council.

ROFDA’s advisory council was created to provide the organization’s leadership team with input, information and feedback representing the interests of ROFDA’s Associates and Suppliers in support of its mission. “We could not be more excited about the individuals that make up the ROFDA Advisory Council,” commented Francis Cameron, President & CEO of ROFDA. “I am confident in their abilities to have a profound impact in driving value for the parties.”

“We are pleased and honored to have Christina represent Park City Group on ROFDA’s Advisory Council,” said Randall Fields, CEO of Park City Group. “ROFDA’s ongoing promotion of a safer food supply chain aligns with ReposiTrak’s mission to reduce risk, safeguard brands and refocus food safety on prevention. We look forward to continue working closely with the ROFDA organization to help them realize their goals.”

About Park City Group

Park City Group (NYSE MKT: PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it as well as providing food safety tracking information. The Company’s service increases customers’ sales and profitability while enabling lower inventory levels and ensuring regulatory compliance for both retailers and their suppliers. Through a process known as Consumer Driven Sales OptimizationTM, Park City Group helps its customers turn information into cash and increased sales, using the largest scan based platform in the world. Scan based trading provides retail trading partners with a distinct competitive advantage through scan sales that provides store level visibility and sets the supply chain in motion. And since it is scan based, it can be used in a Direct Store Delivery (DSD) or warehouse setting.

About Retailer Owned Food Distributors & Associates (ROFDA)

In 1962, a few cooperative food distributors from around the southeast formed an organization known as the, “Southeastern Food Cooperative Association,” (SFCA). Over the years, growth from outside the southeast occurred as cooperatives recognized the numerous advantages of participating in a cooperative only environment. Due to the new geographic locations of its members and the changing demands of the retailer owned segment of the food industry, the name, Southeastern Food Cooperative Association, did not appropriately identify its members. So in 1988, a name change of the association was approved by its Board of Directors, and thus the new name, Retailer Owned Food Distributors & Associates (ROFDA), emerged. The mission of ROFDA is to promote and support the retailer-owned distribution segment of the food industry with value added programs and services, all in furtherance of servicing independent retail grocers located throughout America.

About ReposiTrakTM

ReposiTrak is collaboration between Leavitt Partners and Park City Group. The collaboration provides food retailers and suppliers with a robust solution to help protect their brands and remain in compliance with rapidly evolving regulations in the Food Safety Modernization Act. Powered by Park City Group’s technology, ReposiTrak is an internet-based solution that enables all participants in the farm-to-table supply chain to easily manage tracking and traceability requirements as products move between trading partners. More information is available at www.repositrak.com.

About Leavitt Partners

Leavitt Partners advises clients in the health care and food safety sectors. The firm applies its experience, knowledge and a network of global relationships to serve our clients. As a food safety and health care intelligence business we provide the best available window to the future of American health care. More information is available at www.leavittpartners.com.


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