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,
shared recent results attained by several All Star dairy members using
Park City Group’s automated ordering solutions at the group’s 2015
convention held in Tucson, AZ March 20. The member dairies have reduced
ordering costs by as much as 36%, increased sales between 5-8% and have
reduced returns between 16-50%.
Member dairies use Park City Group’s proprietary algorithm-based Automated
Ordering system, which predicts future demand and re-ordering needs
to optimize freshness, keep in-store coolers stocked and backroom
inventories to a minimum. Park City Group’s Visibility & Analytics
team helps throughout the process in reviewing days-of-supply,
space-to-sales by store and product returns and gives ongoing visibility
to opportunities as business changes occur.
“We are honored to present at this year’s All Star Convention to share
the results achieved by member dairies through the use of our automated
ordering and visibility & analytics solutions,” said Randall
Fields, CEO of Park City Group. “When orders are optimized using
forecasts based on consumer demand, sales increase for both the supplier
and retailer and the consumer benefits through fresher product as a
result.”
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.
About All Star Association
All Star Association is a member-owned purchasing association that
leverages the collective volume of our membership to increase buying
power for the benefit of all members. We specialize in working with
companies in the food and beverage industries. All Star Association’s
mission is to: Offer the members of the association a variety of
services to help strengthen their operations, thus making them more
profitable; Utilize the combined buying power of the members to benefit
all; Conduct business with members, suppliers, and employees in a fair
and ethical manner. All Star Association is governed by a board
comprised of leaders from member companies.
Copyright Business Wire 2015