BERWYN, Pa., Aug. 27, 2015 /PRNewswire/ -- 4R Systems, Inc. announced its selection by Pep Boys to deploy its retail inventory solution across the retail chain's 800+ stores in 35 states and Puerto Rico. Pep Boys holds 16 million SKU's on replenishment. 4R's scientific algorithm matches supply with demand for each SKU throughout the entire omnichannel supply chain. The system is designed to deliver an improved customer experience and improved financial results.
Pep Boys, the nation's leading automotive aftermarket service and retail chain, is seeking to improve its inventory management system. The retailer's inventory includes both a deep line of products with slow turns and others, like tires, that turn quickly and have demand substitutability. These variables add to the complexity of having the right inventory levels in each store without the risk of overstocking, or worse, having out-of-stocks, resulting in lost sales.
4R's analytics and client support teams continually analyze assortments against 4R's scientific algorithm, to optimize both width and depth. Pep Boys found 4R's solution appealing because it required no capital investment, nor additional staff.
"Simply put, 4R is providing better answers to our inventory challenges," said Camille A. Fratanduono, Vice President–Merchandising Operations. "Our store operations team and customers have already responded favorably to the positive changes that we've made."
4R's inventory and supply chain services for Pep Boys provide:
- Multi-echelon, omnichannel fulfillment.
- Granular ability to optimize localization.
4R CEO Kevin Stadler commented, "We're delighted that Pep Boys has engaged 4R and is already experiencing results. We were pleased how quickly we were able to deploy the solution with no disruption to Pep Boys' store operations."
4R's "inventory as investment" approach is designed for profit opportunity rather than risk mitigation, especially when managing high margin or infrequently sold product.
About Pep Boys
Since 1921, Pep Boys has been the nation's leading automotive aftermarket chain. With more than 7,400 service bays in more than 750 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1-800-PEP-BOYS (1-800-737-2697) or by visiting www.pepboys.com.
About 4R Systems
4R Systems is a leading provider of advanced inventory and supply chain services, which help retailers gain significantly increased profits by optimizing their omnichannel inventory and related supply chain decisions. Founded by supply chain experts from The Wharton School and Harvard Business School, 4R provides capabilities that profit optimize the matching of supply and demand. From initial launch through replenishment to end-of-life for products—ranging from short-lived fashion items to long term staples—4R provides retailers with services that fit their business. Clients using 4R have seen increases in profitability of 1-2 % of sales as a result of higher omnichannel sales levels on lowered inventory. Call (610) 644-1234 or visit www.4rsystems.com.
4R Systems Press Contact
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SOURCE 4R Systems, Inc.