WALTHAM, Mass., Feb. 10, 2011 /PRNewswire/ -- Profitect, a profit protection solution provider that delivers increased profits through the identification and reduction of value chain margin leakage, shrink, waste, margin erosion, operational damages, and process errors is pleased to announce that Kathy Persian, GVP Merchandising and Retail Systems of SuperValu has joined Profitect's Board of Advisors.
Kathy Persian was appointed Group Vice President Merchandising and Retail Systems at SuperValu in February 2010. She gained previous experience at Best Buy as VP of Supply Chain and Merchant Systems in 2004 and then promoted to SVP of International Business Process in 2008. Kathy began her career at Accenture in 1988 where in due course was promoted to Partner, Retail Practice.
"I am excited to accept a position on the Profitect Board of Advisors (BOA). Under Guy Yehiav's guidance as Profitect's CEO and head of the BOA, and with the exceptional executive backgrounds of the other Board members, I believe that Profitect is poised for tremendous growth and success in its next growth phase and I look forward to being part of it," commented Kathy Persian, GVP Merchandising and Retail Systems of SuperValu.
The cumulative experience of this exceptional group provides Profitect with the foundation needed to offer insights on how retail organizations can achieve new profit opportunities by taking an enterprise-wide approach to personnel, products, and transactions.
"Profitect is excited to welcome Kathy Persian to the Profitect Board of Advisors. Kathy's extensive executive supply chain and retail experience will provide insight and applicable methods to help educate the retail community," stated Guy Yehiav, CEO of Profitect.
Profitect is a global provider of Profit Protection software solutions that deliver a rapid 5-8% profit increase by statistically identifying, analyzing and resolving profit leakage in key risk areas across the entire value chain.
Profitect's proprietary Solution Bank and Rules Engine provide automated best-practice recommendations that identify and fix margin leakage throughout the value chain. The solution uses workflow and task management to ensure action is taken. Profitect can be deployed rapidly, through a modular and scalable approach.
The Profitect team of experts has more than 15 years of proven success increasing profits for globally recognized retailers such as Marks and Spencer, Woolworths, Metro, Paz, Blue Square, and others.
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For more information visit www.Profitect.com or call 781-290-0009.