The Profit Amplification Suite
Profitect’s modular, non-disruptive, solution uses predictive analytics to pinpoint value chain margin leakage, inventory distortion, on-shelf availability issues, shrink, waste, damage, process non-compliance, cashier fraud, coupon abuse, and operational risks. Innovative pattern seeking technology, delivered in the cloud or SaaS, identifies these opportunities for anything from loss prevention and profit recovery to increased operational efficiency and delivers best practice solutions to resolve personnel, system, and process behaviors, enabling excellence in the ordinary.
For merchandising, inventory control & management and loss prevention
The Profitect Planning and Buying (P&B) module analyzes product allocation, setup, adjustments, orders, pricing, and sales data to identify inventory distortion opportunities originating from upstream behaviors across the value chain.
For supply chain, loss prevention, 3PLs and logistics
The Profitect Logistics and Warehouse (L&W) module analyzes warehouse movements: shipping operations and reverse logistics data. It identifies opportunities originating from the warehouse interfaces with DCs, suppliers, carriers and stores.
For supply chain, store operations and loss prevention
The Profitect Delivery and Receiving (D&R) module analyzes receiving, transfers, and returns data to identify opportunities originating from the store’s back door interface to the DCs, suppliers, 3PL and other stores.
For store operations, finance, inventory control and loss prevention
The Profitect Inventory (INV) module analyzes inventory count, RFID, unsellable and stock adjustment data to identify opportunities originating from shrink, damage/waste, on-shelf availability, inventory distortion, markdowns, and sales trends.
For store operations and loss prevention
The Profitect Sales module analyzes cashier and POS transactional data to identify opportunities originating from process failures, lack of training, cashier fraud, coupon abuse, and noncompliance during checkout and customer return processes.
For marketing and store operations
The Profitect Marketing module analyzes customer and promotional activity to identify opportunities originating from changes in customer behavior, promotional execution and effectiveness as well as impact of marketing efforts on basket size and value.
For retail field users
The Profitect Mobile Field App provides similar features and all the same benefits as the Profitect Profit Amplification Suite, but in an easy-to-use, on the go application. You can view all of your stores’ activities in real-time, on the sales floor.