PARK CITY, Utah–(BUSINESS WIRE)–Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and patented labor optimization software solutions for retailers, announced today that it has created a Business Metrics Group to analyze decision support data for category management, promotional strategies, collaborative planning and replenishment forecasting. The group identifies areas and opportunities to apply Park City Groupâ€™s profit optimization methodology for categories and individual SKUs.
â€œThis is the most rapidly expanding area of our business and we anticipate significantly expanded revenue opportunities over the next year from this new group,â€? said Randall K. Fields, Park City Groupâ€™s Chief Executive Officer. â€œWe created our Business Metrics Group to provide insights into data anomalies that we were seeing from many of our retail customers. The analyses of these anomalies are what drive actionable results that lead our customers to increased profitability,â€? Fields continued. â€œAnd, having our Business Metrics operations based in the U.S. and India gives us the opportunity to provide overnight analysis to our clients throughout the world.â€?
The group is headed up by Steve Lewis, Director Business Metrics. Mr. Lewis has more than 13 years experience in enterprise business software solutions with Radix Corporation and Siebel Systems. Mr. Lewisâ€™ retail technology background is enhanced by 12 years in retail grocery operations with American Stores and Safeway and over 6 years food brokerage experience representing manufacturers such as Georgia Pacific, Quaker, and ConAgra Foods. Mr. Lewis holds a Bachelors degree in Business Administration from the University of Texas.
Other members of the group include Suman Lahiri, former Regional Business Analyst for Schlumberger Asia and Finance Executive for AIG Insurance. And Kamaraj Sabari, an industry analyst with over 10 years experience in business analytics and automated accounting and auditing software. Mr. Lahiri and Mr. Sabari are based in Bangalore, India.
In the past 6 months, Park City Group has added employees in data analytics, account management, and product development. The company currently employs over 40 resources in seven U.S. states and Bangalore, India.