Park
City Group (NASDAQ:PCYG) a cloud-based software company that uses
big data management to help retailers and their suppliers sell more,
stock less and see everything announced today that a national retailer
surpassed their fiscal 2014 goals by reducing Direct Store Delivery
(DSD) inventory investment costs by 22%. Working with 20 different DSD
vendors, the retailer leveraged Park City Group’s Visibility &
Analytics to see and optimize store level inventories, improve space
to sales efficiencies and where appropriate, transition key vendors to Scan-Based
Trading (SBT).
Visibility & Analytics is an invaluable first step in Park
City Group’s process that identifies both inefficiencies and their root
causes in a customer’s supply chain by looking back through the supply
chain starting from the consumer purchase. Once the opportunities for
improvement are identified, all parties in the supply chain can work
collaboratively to achieve performance improvement with shared
scorecards.
"When this retailer gained visibility to their DSD inventory levels,
their suspicions around inventory reduction opportunities were
confirmed," said Randall Fields, CEO of Park City Group. "Having
achieved their annual goal, we are very pleased the retailer is eager to
expand and achieve 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 to be. Park City Group's services
enable customers to "Sell More, Stock Less, and See Everything". More
information is available at www.parkcitygroup.com
Copyright Business Wire 2015