|
|
Article: 40 Top Retailers Learn How Analytics Can Improve Supply Chain Processes; 4R Systems and Kurt Salmon Associates Host Successful Educational Seminar 'Putting 'The Paper' Into Practice'.
- Article from:
- PR Newswire
- Article date:
- October 17, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
WAYNE, Pa. and NEW YORK -- Companies with short lifecycle products such as books, jewelry, toys, fashion apparel, shoes, home decor and electronics are applying analytics, utilizing advanced mathematics and proprietary algorithms, to their retail supply chains to better match supply with demand. This growing trend was the focus of a seminar that stressed the importance of using the principles of rocket science retailing to decrease lost sales, reduce inventory levels and increase profits.
Bringing the value of retail analytics to the forefront, 4R Systems, Inc., a leading provider of analytical software, partnered with Kurt Salmon Associates (KSA), the premier ...