Sep 24, 2013, 10:59 ET
WALTHAM, Mass., Sept. 24, 2013 /PRNewswire/ -- Profitect announces the initial release of its Mobile Field Application, enabling retailers to be more efficient and effective in the performance of their field duties.
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With the use of the Mobile Field Application, retailers have access to accurately identify true positives, root causes, and solutions to margin leakage opportunities. By providing timely, detailed, and guided actions to field employees, Profitect helps retailers leverage corporate knowledge, accountability, and big data to quickly realize financial benefits.
Powering up the Profitect investment another notch, the application is the field conduit of the Profit Amplification Suite - in an easy-to-use, on the go application. Benefits include:
- Create and manage store visits more effectively, capture notes, images, and videos, while on the sales floor, and attach them for further investigation, without having to go back to the office.
- Field associates can view their store's opportunities, as well as scan UPC barcodes to understand product information and key performance indicators (KPI's) in real-time, as compared to benchmarks.
- Built in audit checklists allow associates to capture store compliance and mitigate issues.
- An intuitive user interface enables associates of all skill levels to gain insights into store, department, and class level, and create new opportunities while on site.
"While other applications are trying to refit their desktop application to a mobile device, Profitect has completely revolutionized how associates will work in the stores," said a current Profitect customer. "When any field associate can go into a store, create a meaningful visit, and create a record of what they did, going after what that store really needs, it will change the way we do business."
"Our customers will gain a whole new level of productivity with the Mobile Field Application," said Guy Yehiav, CEO, Profitect. "Putting Profitect in their hands, out of the office, gives retailers the ability to quickly resolve identified sales and margin leakage opportunities, without having to stop and return to their computer for additional guidance, enabling them to spend more time with customers on the sales floor."
Profitect's Profit Amplification software, a pattern-seeking solution, enables retailers to quickly realize increased revenue and reduced costs across the entire retail supply chain. Profit Amplification pattern-seeking algorithms can "tell a story" by identifying the root cause of anomalies such as inventory distortion, on-shelf availability, shrink/waste/damage, or process non-compliance – helping retailers minimize the effort necessary to identify controllable factors which the solution translates into action. As a result, retailers can move quickly to prevent profit leakage at all levels of the organization, ultimately improving business processes and the top and bottom line.
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