Resources
Profitect’s Profit Amplification Application: Aims to Plug Retail Profitability Gaps
Profitect has completed its first year of U.S. operations. This software provider specializes in detecting and preventing both known and unknown inventory and non-inventory losses for retailers. Positioned as a retail ‘profit amplification or optimization’ tool, Profitect’s application analyzes various sources of retail data, including transactional data, detects different types of margin gaps / loss areas in different departments, and recommends actions for retailers to fill these gaps. This Analyst Insight assess Profitect’s product positioning and possible market impact in light of Aberdeen’s research into best practices in the retail industry.
