Park City Group (NASDAQ:PCYG),
a leader in consumer goods supply chain technology designed to increase
sales and reduce out-of-stocks, helped a large regional dairy supplier
show a year over year 8% sales increases through better visibility of
store/SKU consumer demand and using point of sale data to improve store
orders and delivery cycles. The dairy is using a combination of Park
City Group's Store-level Replenishment and Visibility solutions to
achieve these results.
Park City Group's Visibility solution provides shelf performance insight
and directive action using analytics based on daily supply chain
movement including point of sale data, deliveries and returns, and
inventory counts. Analysis results convey where out-of-stocks are, what
items are losing sales and how to resolve out-of-stocks and overstocks.
Park City Group's Store Level Replenishment solution provides a forecast
and order to the store/SKU level using complete automation and is
hands-off in the 'ordering' version, or enables planner interaction in
the 'replenishment' version. Both tools integrate with the client's
internal systems as part of a complete picking/packing solution.
"When visibility to consumer demand is introduced to the order
replenishment cycle, we repeatedly see improvements," said Randall
Fields, CEO of Park City Group. "Sales increase between 3-10% and
returns and waste decrease as much as 50% regardless of the category.
Increased visibility and better ordering makes the difference."
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 as well as providing food safety
tracking information. The Company's service increases customers' sales
and profitability while enabling lower inventory levels and ensuring
regulatory compliance for both retailers
and their suppliers.
Park City Group helps its customers turn information into cash and
increased sales, using the largest scan based platform in the world, and
provides retail trading partners with a distinct competitive advantage
to store/SKU level visibility that sets the supply chain in motion. And
since it is scan based, it can be used in a Direct Store Delivery (DSD)
or warehouse setting. More information is available at www.parkcitygroup.com.
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