BERWYN, Pa., April 17, 2014 /PRNewswire/ -- 4R Systems, Inc., a leading provider of advanced inventory and supply chain services that helps retailers increase profits by optimizing their inventory and related supply chain decisions, will be serving as lead sponsor for Knowledge@Wharton's High-Velocity Growth: The Retail & Consumer Goods Executive Summit. The Summit will take place April 28-29, 2014 in the NASDAQ MarketSite in Times Square, New York City. 4R Systems' President & CEO Kevin Stadler will present "Boosting Profit: The Economic Value of Inventory," featuring its client, The Vitamin Shoppe.
4R Systems approaches a retailer's inventory as an investment. Having too much inventory costs too much money. Having too little inventory results in lost sales. Stadler stated, "4R Systems applies science to a retailer's inventory. This 'profit-optimizes' inventory levels throughout the DC and store network, matching supply with demand. Retailers using our solution are guaranteed to increase profit. It's the measure of our success."
Speakers at the Summit include:
- Dr. Marshall L. Fisher, UPS Professor, Professor of Operations and Information Management, The Wharton School; Co-founder and Chairman of 4R Systems.
- Kevin Stadler, President & CEO of 4R Systems.
- Jason Scheffer, Vice President Inventory and Transportation, and valued customer of 4R Systems. Scheffer will co-present with Stadler to demonstrate how 4R's solution has helped The Vitamin Shoppe increase profit and productivity.
Stadler added, "Forward-thinking retailers attend Knowledge@Wharton, and we value the opportunity to share our solution with them. It's an added pleasure to co-present with our client, Jason Scheffer."
Interested retailers can learn more and register for Knowledge@Wharton's Summit here: http://knowledge.whartonevents.com/Growth/. Further, retailers can save 15% on registration as a courtesy of 4R Systems. Visit http://www.4rsystems.com/news-events for the discount code. Register online or call +1(646) 807-8555.
About 4R Systems
4R Systems is a leading provider of advanced inventory and supply chain services, which help retailers gain significantly increased profits by optimizing their inventory and related supply chain decisions. Founded by supply chain experts from The Wharton School and Harvard Business School, 4R provides capabilities that profit optimize the matching of supply and demand. From initial launch through replenishment to end-of-life for products—ranging from short-lived fashion items to long term staples—4R provides retailers with services that fit their business. Clients using 4R have seen increases in profitability of 1-2 % of sales as a result of higher sales levels on lowered inventory. Call (610) 644-1234 or visit www.4rsystems.com.
4R Systems Press Contact
John Centofanti
330-333-2738
[email protected]
Fax: 866-748-4042
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SOURCE 4R Systems, Inc.
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