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Profitect
Profitect’s profit-amplification solution enables you to quickly discover and actualize untapped profit opportunities across the entire retail value chain. Profitect’s algorithms quickly identify measurable profit optimization opportunities through the identification of value chain margin leakage, shrink, waste, process errors, and operational risks and damages — returning intelligent, prioritized actions for increasing profit.
Implement various modules of the Profitect Suite based on the needs of your particular enterprise.
Our solutions allow non-disruptive technology deployment through a modular, scalable approach.
Inventory
The Inventory (INV)m odule translates inventory information into item level profit opportunities, insights and trends, correlating it with KPIs like damage, shrink and waste to provide actionable solutions to increase profits.
Inventory Module
Delivery and Receiving
The Delivery and Receiving module identifies and resolves profit increase opportunities related to the store’s back door interface to the DCs, suppliers and other stores by correlating receiving, transfers and returns data with sales and inventory levels.
Delivery and Receiving Module
Logistics and Warehouse
The Logistics and Warehouse module identifies and reclaims untapped profit opportunities generated during the handling of merchandise throughout the entire retail value chain, covering the warehouse interfaces with DCs, suppliers, carriers and stores.
Logistics and Warehouse
Module
Procurement
The Procurement PRO) module monitors buyer and vendor performance to identify critical points that represent wrong or erred buying decisions, supplier favoring, fraud, or non-compliance to generate and actualize profit opportunities.
Point of Sale
The Point of Sale (POS) module identifies profit opportunities originating from losses due to fraud, process failures, lack of training, and non-compliance at the checkout and customer return process and assists in actualizing these opportunities.
Point of Sale Module
BENEFITS
With 100% customer success, Profitect consistently fulfills its commitment to deliver more than 5% percent profit increase within six months.
- Realize untapped profit opportunities across the entire
retail value chain – from procurement and supply chain to store
inventory and POS
- Increase operating profits by amplifying margin
opportunities and reducing shrink, waste and margin loss
- Enhance productivity of resources and utilization of best
practices that maximize profit opportunities
- Elevate awareness and understanding of the impact of
individual contributors to the overall profit growth of the
organization
- Deliver easy-to-use actionable data to departments across
the value chain and reduce time and resources spent on bringing
together disconnected systems of reporting
- Accelerate return on investment with quick deployment,
integration and delivery of results
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