This press release was issued by Profitect Inc. prior to its acquisition by Zebra Technologies on June 3, 2019.
BURLINGTON, MA – February 26, 2018 – Profitect Inc., the leading prescriptive analytics solution provider for the retail and CPG industry, today announced the company will co-present with customer Ulta Beauty in a session titled, “Profitect & Ulta Beauty Share Their Supply Chain Success”. The presentation will take place Monday, February 26 at 3:00 pm. Profitect will also be exhibiting at booth #757 at the Retail Supply Chain Conference taking place February 25-28 at the Phoenix Convention Center.
“The supply chain is complex, but finding opportunities for improvement within that plethora of data shouldn’t have to be,” said Guy Yehiav, CEO, Profitect. “The Ulta Beauty story, and how they have evolved and grown in today’s retail climate, is one that will inspire many of the attendees at the conference. Ulta Beauty is a great example of leveraging prescriptive analytics across the product supply chain lifecycle to drive efficiency and deliver results. We are proud to be presenting alongside them.”
Profitect CEO Guy Yehiav will co-present with Ulta Beauty Director Marie McWard. The two will discuss how the paradigm of reporting / visibility has changed within their retail organization by focusing on the actions needed to improve their supply chain. Ulta Beauty will discuss their evolution from reports to action-oriented prescriptive analytics. Leveraging Profitect’s solutions, Ulta Beauty is now able to act on the wealth of data that exists within their supply chain.
Details for RILA Supply Chain Speaking session include:
WHO: Marie McWard, Ulta Beauty Director; Guy Yehiav, Profitect CEO
WHAT: Profitect & Ulta Beauty Share Their Supply Chain Success
WHEN: Monday February 26, 3:00 pm ET
WHERE: Inventory Management Track, Phoenix Convention Center, Profitect available for questions at booth #757
The RILA Retail Supply Chain Conference offers a best-in-class educational program that addresses many of the topics that matter most to retailers. With more than 35+ interactive sessions and six breakout tracks, the conference offers attendees powerful insights, extensive networking, and in-depth content.
Profitect’s prescriptive analytics solution leverages pattern detection and machine learning to identify opportunities that impact sales and margin. Profitect takes retail and CPG company data and identifies areas for improvement including: inventory accuracy, out of stocks, pricing accuracy, unsellable merchandise, and assortment discrepancies. Profitect customers typically realize a 2-5 percent increase in sales, better consumer experience, 10-15 percent basis point margin improvement, and labor productivity improvement within 6 months.
To learn more about Profitect visit: www.profitect.com
Industry Analyst Contact: