BERWYN, Pa., Jan. 9, 2015 /PRNewswire/ -- 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that helps retailers increase profits by optimizing their inventory and related supply chain decisions, will be presenting its Allocation 2.0 solution for fashion and short season multichannel retail inventory. The company applies a scientific algorithm to inventory, recognizing it as a retailer's greatest investment.
4R's solution is built on the premise of having the "Right product, Right place, Right time, to drive the Right profit." 4R's solutions are used by multichannel retail clients to manage over 330,000 SKUs, 8 billion reorder points, and $45 billion in multichannel revenue.
4R's Allocation 2.0 leverages the buying team's expertise through a state-of-the-art web interface to guide a sophisticated forecasting methodology. It then applies an industry-unique optimization algorithm to produce allocations that balance the risk of stockouts against the cost of stranded inventory at each week of the season.
Kevin Stadler, President and CEO, said, "4R's Allocation 2.0 is a totally new way to look at fashion and short season decisions. We not only quantify benefit but can also reduce risk by introducing science into the merchant's decision process. Since we see profit as the primary KPI, our entire solution is designed to increase profit. Our experts implement our technology around the needs of each retailer by optimizing the model and seasonality matching. We understand that while there are common inventory challenges, each retailer presents challenges unique to their chain. We increase profit on every SKU, every channel, every day. After all, the bottom line is what matters."
4R's multichannel inventory solution is low risk—it requires no capital investment, no additional headcount, and is a pay-as-you-go offering. Further, the offering enables retailers to focus on higher value tasks.
Interested retailers can visit with the 4R team at booth 3373 and can obtain a free NRF Expo Hall pass by visiting http://4rsystems.com/nrf-2015/, courtesy of 4R Systems. Visit http://www.4rsystems.com to learn more about the company or call +1(646) 807-8555.
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 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 sales levels on lowered inventory. Call (610) 644-1234 or visit www.4rsystems.com.
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SOURCE 4R Systems, Inc.