4R Systems Overview
4R Systems provides retailers breakthrough technologies that profit optimize inventory decisions throughout an item's life including:
* Initial buy
* Replenishment and allocation for stores and distribution centers
* End-of-life strategies including markdowns
By profit optimizing decisions such as how much to buy, when to do so and how much to keep in each store or DC,...More»
4R Systems provides retailers breakthrough technologies that profit optimize inventory decisions throughout an item's life including:
* Initial buy
* Replenishment and allocation for stores and distribution centers
* End-of-life strategies including markdowns
By profit optimizing decisions such as how much to buy, when to do so and how much to keep in each store or DC, retailers are able to profitably reduce lost sales while simultaneously providing better customer service. For a $1 billion retailer, this profit impact can easily be $20 million or more.
4R's clients have seen improvements in sales, service levels, inventory levels and profitability from working with 4R to profit optimize key inventory and supply chain decisions across the life of a product.«Less
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 07/2003 | Series C | Unknown | Unknown |
Products
| Name: | Right Test |
| Product URL: | http://www.4rsystems.com/solutions/right_test.html |
| Description: | Right Test identifies which stores within a chain are best to be used for a new product test, and calculates how the results of the test can be applied to scale up a forecast of season demand across the entire chain. In addition, when preparing to introduce new products retailers need, in some cases, to determine the quantity for their initial order. It is critical to optimize the cost of stock outs balanced against the risk of obsolescence. |
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01/15/2009 06:20PM by jingwang
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