Park City Group (NYSE Amex: PCYG), a Software-as-a-Service provider of unique supply chain solutions for retailers and their suppliers, today announced that it has been selected for its Enterprise Demand Sensing Solution (DSS) by a leading health food restaurant retailer with over 700 company-owned and franchised locations.
The purpose of implementing a DSS strategy is to benefit from store-level and supply chain information in near real-time to enhance sales, profits and customer/brand loyalty. Proprietary analytics from Park City Group accumulates sales and related data enabling more accurate decision making relating to product requirements and customer demand, with additional benefits pertaining to improved inventory management, forecasting, supply chain reconciliation, and cost savings. Like all of Park City Group’s services, DSS is provided on a scalable, cloud computing subscription basis, which allows for efficient expansion of services and the accommodation of additional locations as its retail customers grow.
“We are very pleased to have been selected by a leading and fast growing national specialty retailer for our Demand Sensing Solution, one of the supply chain services on our unique Software-as-a-Service platform,” said Randall K. Fields, Chairman & CEO of Park City Group. “At the heart of any growth company is an IT system to support mission critical functions and business process improvements. Our DSS optimizes performance at the store level while enabling continued growth for the entire organization, including automation to maximize sales, inventory management and increased product introduction opportunities. With the opportunity to add additional services, the risk mitigation and return on investment from our initial service made Park City Group stand out in a competitive crowd.”
Mr. Fields continued, “Our selection by a leading retailer in its category for a large scale deployment is further evidence that Park City Group’s Software-as-a-Service technology is in increasing demand. We continue to elevate our recognition in the marketplace, which is contributing to our growing supplier backlog and an increase in interest by retailers.”