Park City Group announces successful completion of proof-of-concept test

SALT LAKE CITY, Utah — Park City Group on Monday announced the successful conclusion of a test with a large retailer and several suppliers in a high-traffic category using Park City Group’s services.

 

Park City Group is a software-as-a-service provider that brings 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."

 

The test was conducted with several of the retailer’s suppliers in a key fresh category with rapid inventory turnover. Participants experienced sales increases trending up to 7% for the retailer’s private-label product line and a 50% reduction in waste, validating that the participants delivered the right product just in time. Results from the test showed significantly improved product turns, providing fresher product for the consumer. Suppliers also saw operational savings from reduced “emergency deliveries.”

 

“Based on outstanding results of the test, Park City Group was able to clearly deliver on its brand promise of enabling the suppliers and their partner retailer to 'Sell More, Stock Less and See Everything,'” stated Randall Fields, chairman and CEO. “The retailer is actively endorsing our approach across the category.”