In today’s world of technology savvy consumers and big data, retailers must find an efficient way to merge business intelligence, forecasting and customer insight into usable information that creates results. We recently worked with a top 100 consumer electronics retailer on an installation of our iKIS™ solution which resulted in improved forecast accuracy from 16.9 […]
As founder and CEO of Data Profits, welcome to the Data Profits Blog. Our goal is to provide you with meaningful insights into inventory management, helping you identify opportunities to improve your supply chain and increasing profits. Our solution, iKIS (“Internet’s Keeping Inventory Simple”) provides a SaaS-based solution that retailers trust with one of their […]
iKIS forecasting solution provides top results in less than 90 days through uniquely accurate forecasting. ATLANTA, Sept. 14, 2011 /PRNewswire/ — Atlanta-based Data Profits (www.data-profits.com) announced that iKIS, its unified forecasting solution, enabled Pamida, an Omaha-based regional operator of general merchandise stores and pharmacies, to achieve market leading results. With Data Profits, Pamida increased its […]
ATLANTA, GA (February 1, 2011) — Today Data Profits (www.data-profits.com) announced that its patent-pending, business intelligence software, iKIS, enabled Pamida, a Midwest retailer, a net decrease in inventory while experiencing a positive sales trend. Data Profits’ iKIS software made it possible for Pamida to lower its inventory investment dollars so that the 185-store retailer could reallocate a portion of the capital saved toward meeting customer demand. ROI was realized in the first 30 days.
Stuart Dunkin, CEO and founder of Data Profits, was recently interviewed on NPR’s Morning Edition, discussing the impact Smartphone devices have on the holiday sales season.
ATLANTA, GA (August 25, 2010) — Data Profits, a national SaaS-based company focused on the sales and supply chain space, announced today the release of the next version of its award-winning iKIS software solution. Already companies are experiencing tremendous cost and time savings, utilizing Data Profits’ iKIS 5.2 software, which is the only solution on the market today that allows for near real-time collaboration. A Midwest Tier 1 retailer with over 200 stores experienced more than $1 million in savings upon completion of its pilot project using iKIS version 5.2. In fact, the iKIS 5.2 solution reduced the Tier 1 retailer’s working capital by almost one week of inventory while increasing “in stock” performance by two percent.