Weis Selects Cloud-based Analytics Solution
Weis Markets has chosen Profitect’s cloud-based Profit Amplification software solution, a pattern-seeking predictive analytics tool, for deployment throughout the Sunbury, Pa.-based grocery chain of 162 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia. Weis will initially implement the point-of-sale and inventory modules of the Profitect suite.
The solution was selected “to provide a single, integrated solution which could transform our teams and stores processes,” explained Weis SVP, CFO and treasurer Scott Frost. “The ability to quickly impact the top and bottom line and make more informed decisions is a critical component of our strategy to exceed the expectations of our customers.”
“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, thus reducing the overall cost to our business while increasing profits across the entire enterprise,” added Mike Limauro, Weis’ VP of asset protection.
“As a first-class grocery retailer, with heavy emphasis on exceptional shopping experiences for its loyal customers, Weis Markets is committed to providing them with the best and freshest products on the shelf,” noted Guy Yehiav, CEO of Waltham, Mass.-based Profitect. “Leveraging our innovative pattern-seeking, cloud-based analytics solution will enable Weis Markets to not only fulfill this commitment to their customers, but quickly increase revenue and margins with minimal IT involvement and easily understand where profit opportunities exist within their stores.”