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Profitect to highlight its Profit Amplification Solution at Retail Business Technology Expo 2012

Wednesday February 22 2012

Profitect, a provider of solutions that increase profitability throughout the retail supply chain, today announced that the company will demonstrate its modular profit amplification suite on stand 831 at the 2012 Retail Business Technology Expo, March 13-14 in Earls Court, London.

Profitect will also co-present with Morrisons, one of the UK’s largest food retailers, March 14 at 15:15 p.m. Colm Connolly, Morrisons IT Engagement Manager for Corporate and Commercial; Peter Haste, Morrisons Senior Finance Manager for Profit Recovery; and Guy Yehiav, Profitect CEO will discuss current economic conditions that are forcing many retailers to look for new ways to improve the overall health of their organizations. The presentation will focus on how Morrisons uncovered new profit opportunities to rapidly improve their business.

With today’s extreme pricing pressures, increased costs and rapidly changing consumer trends, retailers are seeking new ways to increase profitability and growth. Through pattern-seeking algorithms, Profitect’s profit amplification solution enables retail organizations to discover and actualize untapped profit and growth opportunities across the retail value chain.

“Profitect is excited to attend this year’s Retail Technology Business Expo and highlight how we generate value quickly for our UK customers,” said Guy Yehiav. “We are especially honored to present alongside the Morrisons team, to showcase how our technology allows them to quickly grow and improve profits.”