Leading Magazine, CD and DVD Distributor to Utilize Park City Groupâ€™s Visibility and Data Analytics Tools
Park City, Utah â€“ July 17, 2007 â€“ Park City Group, Inc. (OTCBB: PCYG), a leading provider of inventory and labor optimization solutions, today announced that Source Interlink Companies, Inc. (NASDAQ: SORC), a leading provider of merchandising and fulfillment services for home entertainment content products, has agreed to use Park City Groupâ€™s data management and business intelligence tools to help analyze retail front-end profitability, and manage inventory distribution, merchandising, and product placement..
â€œOptimizing inventory management is essential for maximizing front-end profitability and maintaining strong relationships both with our retail partners and our suppliers,â€? said James Gillis, Source Interlink President and CEO. â€œWe believe that Park City Groupâ€™s trading solutions provide the visibility and analytics necessary to help us fine tune our supply chain and enable us to provide consumers with a compelling product selection across the 1,000 retail chains we support.â€?
Park City Groupâ€™s advanced analytics supplements the collaborative relationships that distributors and merchandisers such as Source Interlink Companies have with supermarkets and other retail outlets by providing customer-driven assortment plans, improving in-stock conditions, reducing waste, and optimizing promotion strategies. These capabilities help maximize the selection for consumers while driving improved sales and higher profits for retailers.
Speaking of the agreement, Randall K. Fields, Park City Groupâ€™s Chairman and Chief Executive, said,
â€œSource Interlink is a leading distributor of magazines, CDs and DVDs. The decision by Source to utilize Park City Groupâ€™s analytics validates our service and technology offering to manufacturers and distributors as the premier resource for optimizing category management. Source Interlink is committed to selection, quality, and superior customer service and we are proud to be associated with them.â€?
About Source Interlink Companies, Inc.
Source Interlink Companies is a leading marketing, merchandising and fulfillment company of entertainment products, including DVDs, music CDs, magazines, books and related items. The Company’s fully integrated businesses include:
- Distribution and fulfillment of entertainment products to major retail chains throughout North America and directly to consumers of entertainment products ordered through the Internet
- Import and export of periodicals sold in more than 100 markets worldwide
- Coordination of product selection and placement of impulse items sold at checkout counters
- Processing and collection of rebate claims as well as management of sales data obtained at the point-of-purchase
- Design, manufacture and installation of wire fixtures and displays in major retail chains
- Licensing of children’s and family-friendly home entertainment products
Source Interlink serves approximately 110,000 retail store locations throughout North America. Supply chain relationships include movie studios, record labels, magazine and newspaper publishers, confectionary companies and manufacturers of general merchandise. For more information, please visit the company’s website at http://www.sourceinterlink.com