Pyramid Foods Selects The ProfitTrax System and Best Practices Training to Reduce Shrink Loss to Grow Sales and Gross Margins
May 3, 2023 | Smart Retail Solutions | News
Scottsdale, AZ – Smart Retail Solutions, the leading provider of the ProfitTrax Augmented Intelligence BI Software and integrated Best Practices Training Solutions for retail store profit improvement, announced today that Pyramid Foods of Rogersville, Missouri has joined the growing family of ProfitTrax AI System users.
According to Rob Marsh, VP of Operations: “We’re excited. Our store teams have always had data, but what we needed is a simple, more efficient and effective way of using it, and ProfitTrax delivers exactly that. We selected ProfitTrax because it’s easy to use and it’s a whole store ‘system’ that will make our Operations, Merchandising, and Loss Prevention teams more effective. We really like that ProfitTrax processes all store data overnight and automatically delivers plain English Action Alerts to store teams and supervisors by 8:00 a.m. each morning for how to grow sales and reduce shrink. The ProfitTrax Dashboard puts it all in one place and will definitely simplify operations.”
Larry Miller, President of Smart Retail Solutions and ProfitTrax, commented, “We are delighted that the Team at Pyramid selected ProfitTrax. ProfitTrax will centralize their store data into one unified dashboard, automatically interpret the causes of sales and profit leakage and we guarantee that after training and with proper use they will reduce shrink loss 15% and add up to 200 basis points to gross margins for a 5:1 first-year ROI. We’re excited to work with the Pyramid/Ramey team as their Profit Improvement Partners.”
About ProfitTrax® and Scan-it® by Smart Retail Solutions: ProfitTrax® is the flagship Enterprise Profit Improvement and Business Process Optimization System of Smart Retail Solutions. ProfitTrax is a cloud-based, SaaS model, BI Analytics and Best Practices Training solution that guarantees sales gains, up to 15% shrink reduction, and sustainable store profit improvement. ProfitTrax advanced analytics interprets store-wide data, performs multi-dimensional causation analysis, and produces Plain English User Action Alerts for performance improvement.
For more information, please visit https://smartretailsolutions.com.