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 using Park City Group’s DSD
Pricing & Replenishment Suite to manage over 400 distributors in
the Adult Beverage category grew sales 30% through reduced out-of-stocks
and more competitive pricing. Importantly, the retailer was also able to
reduce labor and inventory costs through a reduction in analyst staffing
and leveraging consolidated bulk orders and bridge buys.
Park City Group’s DSD Pricing & Replenishment Suite consists
of three main components which can be implemented separately or bundled
to manage any complex distributor network. The Suite’s components are:
-
DSD Pricing Collection – enables pricing changes collected from
each distributor be delivered to the retailer electronically in
near-real-time via electronic data interchange (EDI) or other B2B
structured formats;
-
Auto-Price Generation – enables store level pricing to be
automatically calculated based on distributor cost and desired
retailer margins;
-
Centralized Replenishment – translates store-level orders into
authorized distributor level Purchase Orders.
An additional benefit of Park City Group’s DSD Pricing &
Replenishment Suite is its continual audit and validation of each
distributor, item and delivery location, providing alerts to the
retailer, brand and distributor when exceptions are detected.
“When retailers have visibility to their supply chain and can act on
stocking and price opportunities, sales will increase in response,”
noted Randall K. Fields, Chairman and CEO. “We are pleased to be able to
provide this solution to the retailer, brand and distributors who came
to us for help.”
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