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Leading Retailers Make Waves with Prescriptive Analytics at NRF Conference in Washington, DC

Breakout Session to Feature How DSW Leveraged Prescriptive Analytics to Redefine Shrink and Exception Based Reporting (EBR) to Drive Success at Renowned Retail Technology Conference

WALTHAM, Mass., June 26, 2017 (GLOBE NEWSWIRE) — Profitect Inc., the leading prescriptive analytics provider for the retail and CPG industry, today announced the company will be attending and presenting at the NRF conference taking place at the Gaylord National Harbor Hotel in Washington, DC, June 26-28, 2017. Profitect will be presenting with a leading shoe retailer on how the organization leveraged prescriptive analytics to redefine shrink and EBR to drive success. In addition to presenting, Profitect will be hosting meetings and demonstrations of the company’s award-winning prescriptive analytics solutions at Booth #135 on the show floor.

“We are thrilled to be presenting at NRF with one of our marquee and longtime customers, as they discuss strategy and the benefits they have seen with prescriptive analytics,” said Guy Yehiav, CEO, Profitect. “This also continues a roadshow customer showcase at industry events following recent customer presentations such as Walgreens at the NRF Big Show, ascena retail group at RILA, and Asda at RBTE. We are immensely proud our customers continue to be our biggest champions in educating the industry on how our solutions have enabled them to easily understand, and more importantly act on their data.”

The session will feature how the shoe designer leveraged internal data through the use of prescriptive analytics and machine learning to guide decision-making to predict and manage shrink, as well as take Exception Based Reporting to the next level. Attendees of this session will learn how the retailer redefined what it means to look at shrink through EBR to create a self-sustaining system of identifying profit opportunities and acting on them appropriately in real-time to drive success across the enterprise.

  • Session Title:Exhibitor Insights: How DSW Redefined Shrink and EBR to Drive Loss Prevention Success”
  • Date and Time: Tuesday, June 27, 2017, 11:15-11:45 am
  • Speakers: Jordan Rivchun, director of loss prevention, DSW; Guy Yehiav, CEO, Profitect
  • Location: Expo Hall – Exhibitor Insights
  • Profitect Booth: #135

Profitect continues to lead the industry with robust solutions that augment and/or replace an organization’s existing business intelligence and EBR reporting tools with solution modules that identify, resolve, and measure opportunities for improvement. To follow Profitect’s activities at the conference on Twitter, visit @Profitect. Learn more about upcoming events, by visiting: http://www.profitect.com/us/events/.

About Profitect
Since 2012, Profitect has helped companies leverage existing big data investments to identify, resolve, and measure opportunities to transform the business by delivering actionable prescriptive analytics to the right person, at the right time. To learn more about Profitect visit www.profitect.com.


Source: https://globenewswire.com/news-release/2017/06/26/1029078/0/en/Leading-Retailers-Make-Waves-with-Prescriptive-Analytics-at-NRF-Conference-in-Washington-DC.html

  • 28 Jun, 2017
  • Posted by Anik Bose
  • 5 Tags
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