SUNBURY, Pa. - Weis Markets here has selected software from Profitect, Waltham, Mass., to improve profit opportunities in all departments and at the point of sale.
The cloud-based software, called Profit Amplification, is described as a “pattern-seeking predictive analytics tool.” Weis Markets will initially deploy the point of sale and inventory modules, said Profitect.
“We needed a predictive analytics solution that could identify traditional asset protection challenges, but more importantly, improve the customer experience by reducing out-of-stocks and improving efficiencies in a proactive manner,” said Mike Limauro, vice president of asset protection, Weis Markets, in a statement. The technology will thereby help in “reducing the overall cost to our business while increasing profits across the entire enterprise,” he added.
Scott Frost, senior vice president, chief financial officer and treasurer, Weis Markets, said the system was selected “to provide a single, integrated solution which could transform our teams and stores processes.”
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