WALTHAM, Mass., Dec. 6, 2011 /PRNewswire/ -- Profitect, a profit-amplification solution provider for retailers, today announced the naming of industry leaders John Deane, Nicholas Delany, and Roddy Martin to the company's Board of Advisors.  The new advisors will support Profitect's continued expansion in the U.S. and follows last month's announcement of a doubling of the company's research and development team in Waltham, Mass.

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"The newest additions to Profitect's Board of Advisors have decades of retail and operational experience in a wide range of fields," said Guy Yehiav, CEO, Profitect.  "Their insight will benefit Profitect as we help more and more retailers discover and actualize the unrealized margin opportunities Profitect's solution can bring quickly to their organizations."

• John Deane, CIO of Abercrombie & Fitch, has more than 25 years experience in executive management and applied information services for retail, foodservice, healthcare, manufacturing, and government industries.  He has held positions at Clipper Advisory Group, Wendy's International, Inc., Caremark Rx, Whirlpool Corporation, and Price Waterhouse.
• Nicholas Delany, President of VTech Communications Inc., has 23 years sales and management experience in the industrial, retail, construction, and mining industries in the U.S., Europe, Asia, and South Africa and more than 10 years experience developing supply chain systems.
• Roddy Martin is Senior Vice President of Global Supply Chain at Competitive Capabilities International (CCI). Prior to CGI, he served as Vice President and Distinguished Analyst at Gartner/AMR Research for more than 12 years and in various executive capacities at South African Breweries/SABMiller during its global expansion process.

About Profitect

Profitect's profit-amplification solution enables you to quickly discover and actualize untapped profit opportunities across the entire retail value chain. Profitect's algorithms quickly identify measurable profit optimization opportunities through the identification of value chain margin leakage, shrink, waste, process errors, and operational risks and damages — returning intelligent, prioritized actions for increasing profit. For more than 15 years, Profitect's expertise has successfully amplified profits for retailers worldwide and delivered immediate ROI supported by modular, quick, non-disruptive deployment of modern, scalable technology and time-tested best practices. With 100% customer success, Profitect consistently fulfills its commitment to deliver more than 5% profit increase within six months.

SOURCE Profitect

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