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Jeffrey Singer Named CEO of 4R Systems, Inc.
Retail Software and Supply Chain Executive
Takes the Helm at Retail Analytics Innovator
WAYNE, PA, Feb. 1, 2001 — 4R Systems, Inc., a leading provider of analytical software that enables retailers and manufacturers of short lifecycle products to accurately match supply with demand, announced today the appointment of Jeffrey H. Singer, 37, as Chief Executive Officer, effective immediately. Mr. Singer will guide the growth of the company and lead commercialization of 4R Systems' proprietary software used to improve forecasting and supply planning.
Singer was previously Chief Operating Officer at Acorn Systems, Inc., a profit optimization software and services company. At Acorn, he implemented retail analytics programs to help customers determine the most favorable cost structures and built the company's sales force while growing the company four-fold. Prior to joining Acorn, Mr. Singer held a number of senior positions at database giant SAP America, Inc., including General Manager of its Apparel Footwear Group, Supply Chain Consultant and Assistant to the CEO. As General Manager, he was responsible for the rapid growth of SAP's apparel/footwear industry segment to more than $50 million in less than three years.
"Jeff is a proven industry leader, and we are thrilled to have someone of his caliber taking the helm," said Marshall Fisher, co-founder of 4R Systems. "The company is on the threshold of seizing a leadership position in the retail analytics sector. Jeff's knowledge and deep industry experience will be key to the execution of our strategic plan. This is an exciting moment in the life of our company."
Singer earned his M.B.A. from the Harvard Business School at Harvard
University in 1995 and his B.S. in international finance from Brigham Young University.
About 4R Systems, Inc.
4R Systems, Inc. is a leading provider of analytical software that allows retailers and manufacturers to increase the profitability of short
lifecycle products by accurately matching supply with demand. The 4R Supply PlannerTM product includes the following components:
Merchandise Test, Read/React, Replenishment and End of Life. Together, they leverage point-of-sales (POS) data and turn it into critical
decision-making information for forecasting and supply planning. The company was founded by supply chain experts Marshall Fisher of Wharton
Business School and Ananth Raman of Harvard Business School whose groundbreaking research on product lifecycles at over 30 world-class retailers
pioneered the retail analytics sector. 4R is based in Wayne, Pennsylvania and has sales offices in Boston, Washington D.C. and Milan, Italy.
Notable clients include Ahold, American Pacific, Nokia and Stride Rite. For more information, visit www.4rsystems.com or call 1-866-4RSYSTEMS.