Profitect Opens UK Office to Support Expanding Retail Customer Base

WALTHAM, Mass., Sept. 27, 2011 /PRNewswire/ -- Profitect, a profit-amplification solution provider enabling retailers to quickly discover and actualise unrealised margin opportunities across the entire retail value chain, today announced the opening of their UK office to accelerate local growth plans and to better serve existing  clients on a European & global scale.

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Profitect's UK office will be led by newly appointed European Sales Director James Head. Head brings a distinguished track record of successful sales and operations in the EMEA region. In 2001 Head was appointed an Operations Manager at RGIS.  He was promoted through the organisation to Senior Account Manager and Sales Executive.  Head was specifically supporting blue chip retailers with a broad range of innovative & collaborative stock management solutions across the retail chain.

According to James Head, "The opening of the UK office was a natural progression for Profitect in order to be able to work more effectively with retailers.  This move comes at an opportune time where UK retailers are tackling hard economic times combined with more price-conscious customers and more aggressive competition. Profitect's amplification solutions offer immense value to retailers seeking to increase profitability and shareholder equity."

The decision to establish the UK office is a result of the significant new customer wins Profitect has experienced.  The 1,000+ man years of retail experience that Profitect has to offer and their ability to work closely with its customers as a trusted partner have resulted in significant growth in customer base and enhanced level of interest for profit amplification solutions.

According to Mark Robertson, Retail Food, Marks & Spencer (M&S). "Profitect has successfully helped M&S implement profit amplification solutions for several years and we look forward to working with the UK based Profitect team to continue to capitalize on profit opportunities."

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 fulfils its commitment to deliver more than 5% percent profit increase within six months. For more information visit www.Profitect.com or call 781-290-0009.

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SOURCE Profitect