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4R Systems to Host Session on Driving Service and Profitability with an
Investment Approach to Inventory at NRF 2007
After highly successful co-presentation with client Crate and Barrel at NRF 2006,
4R to host Big Ideas educational session at 2007 show
WAYNE, PA—January 8, 2007 —
What: Jiri Nechleba, President and CEO of 4R Systems, Inc., leaders in profit optimized inventory solutions that help retailers drive superior customer service, will host a session titled, "Drive Service and Profitability with an Investment Approach to Inventory" at the National Retail Federation’s 96th Annual Convention and Expo. Attendees will learn how leading retailers are finding they can increase profitability and customer service by looking at inventory decisions as investments and by carefully analyzing the risk and return of those decisions.
The session is part of NRF's Big !deas program which provides educational content to attendees. The session is open to all attendees.
When: Monday, January 15, 2007, 11:45 a.m. – 12:15 p.m. ET
Why: In an increasingly competitive world, retailers are caught between reigning in inventory to lower costs and increase turn and holding more inventory to drive in-stock and customer service. In order to meet these challenges, leading retailers are finding that they can increase profitability AND customer service by looking at inventory decisions as investments and by carefully analyzing the risk and return of those decisions. See how leading retailers are building their business by applying models like those used by Wall Street to move beyond traditional metrics of in-stock and turn to directly measure and manage the profitability of their supply chain and inventory decisions.
Where: Expo Hall Floor, Room Ed05, Jacob K. Javits Convention Center, New York.
Booth Info: In addition to 4R CEO Jiri Nechleba, 4R Chief Technology Officer Dave Leonard, 4R Senior Vice President of Sales and Service John Nives and 4R Vice President of Analytics Stefano Alberti headline the list of executives available to answer questions, share supply chain best practices and meet with customers and prospects throughout the NRF show.
4R Systems is exhibiting at booth # 858.
Those interested in meeting with 4R at the event can contact Heather Zoumas-Lubeski at hzoumas@4rsystems.com. More information about the event is available at http://www.4rsystems.com/news/events.html.
About 4R Systems, Inc.
4R Systems provides retailers breakthrough technologies that profit optimize inventory decisions throughout an item's life including the initial buy, replenishment and allocation for stores and DCs, and end-of-life strategies including markdowns. 4R's solutions help manage inventories to levels that lower out-of-stocks and increase service levels without injecting unproductive inventory. As a result, 4R Systems’ clients, such as Crate & Barrel and Linens ‘n Things, have seen improvements in sales, service levels, inventory levels and profitability. For more information on how 4R Systems can work with your team to tailor a profit optimized inventory solution for you, visit www.4rsystems.com or call 1-866-4RSYSTEMS.