Business-Intelligence Solution Helps Maximize Profits, Reduce Out-of-Stock Situations and Minimize Shrink via Unprecedented Visibility into Consumer Demand
PARK CITY, Utah–(BUSINESS WIRE)–Park City Group, Inc. (OTCBB:PCYG), a leading provider of inventory and labor optimization solutions for retailers, today introduced WebScoreTracker, a Web-based business-intelligence solution that provides retailers and suppliers with a clear view into product performance to help them optimize assortment planning, pricing, promotional strategies, and profitability.
WebScoreTracker will become an integral part of Park City Groupâ€™s recently announced Supply Chain Profit Link offering to deliver visibility into product-level sales, shrink (loss) of perishable inventory, sales trends, item-level contribution to store profitability, and many other key performance indicators. The result is robust decision support that helps retailers and their suppliers better understand consumer demand and improve category management.
Additionally, the ease of implementation and availability inherent in WebScoreTracker will allow Park City Group to expand its rollout of Supply Chain Profit Link on a faster calendar thereby helping the Company to achieve its aggressive business growth plans. This major development will allow Park City Group to scale its implementation of Supply Chain Profit Link while providing timely results to Category Managers enabling them to act upon more current data and analysis to more-immediately improve profitability.
â€œWeâ€™ve taken our renowned expertise in retail business intelligence and brought it to the Web to maximize operational efficiency,â€? said Randall K. Fields, Park City Groupâ€™s chairman and chief executive officer. â€œRetailers who adopt WebScoreTracker can realize all the benefits of collaborative category management without a massive software implementation and the ongoing maintenance that accompanies it. The initial response to this solution has been overwhelmingly positive. The value proposition is clear and compelling. We anticipate strong demand from new and existing clients.â€?
The Web-based approach to category management also addresses concerns among retailers about software version control and technical compatibility. Because there is no software to install, any store or category manager with access to a Web browser can use WebScoreTracker from any PC