WALTHAM, Mass. — Profitect on Monday announced that Weis Markets has selected its cloud-based Profit Amplification solution, a pattern-seeking predictive analytics tool, for deployment throughout the chain.
Profitect's cloud offering was selected by Weis Markets "to provide a single, integrated solution which could transform our teams and stores processes," stated Scott Frost, SVP, CFO and treasurer, Weis Markets. "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," added Mike Limauro, VP asset protection, Weis Markets. "Thus, reducing the overall cost to our business while increasing profits across the entire enterprise."