Park City Group’s Visibility Helps Seasonal Candy Maker Land Everyday Business with National Retail Chain
Park City Group (NASDAQ: PCYG), a cloud-based software company that uses big data management to help retailers and their suppliers sell more, stock less and see everything, reports a boutique candy maker secured everyday business with a national retailer after successfully completing a seasonal promotion leveraging Park City Group’s Visibility & Analytics solution and Scan-based Trading. Since securing distribution, the candy maker’s product turns have increased by 40% and unit sales rose by 80% in less than four months.
Challenged with seeing sell-through due to the use of drop ship deliveries, the candy maker leveraged PCG’s Visibility & Analytics to see how fast their product was selling and when their displays were near empty. Scan-based Trading helped to provide on-hand inventories and sell-through metrics by location when combined with delivery information. Deploying these two solutions, the boutique candy-maker had the information needed to plan deliveries before running out-of-stock. Better-timed deliveries also enabled higher product turns and increased sales.
“We are very pleased to have helped this candy-maker achieve such stellar results,” said Randall K. Fields, CEO of Park City Group. “Sharing visibility to shelf performance between retailer and supplier not only achieves sales growth, it also ensures product is on the shelf when the customer expects it.”
About Park City Group
Park City Group (NASDAQ:PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it to be. Park City Group’s services enable customers to “Sell More, Stock Less, and See Everything”. More information is available at www.parkcitygroup.com.
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