|
Weis Markets Selects Profitect’s Cloud-Based Solution for
Chainwide Deployment
Profitect’s Profit
Amplification pattern-seeking software selected to improve
profit opportunities in all departments and at the point of
sale for Weis Markets
Waltham, MA, January 14, 2013 - Profitect today
announced that Weis Markets (NYSE: WMK) has selected its
cloud-based
Profit Amplification solution, a
pattern-seeking predictive analytics tool, for deployment
throughout the chain. Weis Markets will initially deploy the
Point of Sale and Inventory modules of the Profitect suite.
Profitect’s cloud offering was selected by Weis Markets “to
provide a single, integrated solution which could transform
our teams and stores processes,” said Scott Frost, Senior
Vice President, Chief Financial Officer and Treasurer, Weis
Markets. “The ability to quickly impact the top and bottom
line and make more informed decisions is a critical
component of our strategy to exceed the expectations of our
customers.”
After a detailed evaluation of competing industry solutions,
Weis selected Profitect’s innovative Profit Amplification
modules. “We needed a predictive analytics solution that
could identify traditional asset protection challenges, but
more importantly, improve the customer experience by
reducing out-of-stocks and improving efficiencies in a
proactive manner. Thus, reducing the overall cost to our
business while increasing profits across the entire
enterprise,” said Mike Limauro, Vice President of Asset
Protection, Weis Markets.
“We’re excited that Weis Markets is joining our growing
customer base. As a first-class grocery retailer, with heavy
emphasis on exceptional shopping experiences for its loyal
customers, Weis Markets is committed to providing them with
the best and freshest products on the shelf,” said Guy
Yehiav, CEO, Profitect. “Leveraging our innovative
pattern-seeking, cloud-based analytics solution will enable
Weis Markets to not only fulfill this commitment to their
customers, but quickly increase revenue and margins with
minimal IT involvement and easily understand where profit
opportunities exist within their stores.”
Media contact:
Catherine Seeds
catherine@ketnergroup.com
512.794.8876
|
