ReposiTrak Solution Reduces Out-of-Stocks for General Merchandise
Park City Group, Inc. (PCYG)
NASDAQ:AMEX Investor Relations:
ir.parkcitygroup.com
Company Research
Source: Business Wire
Three Out of Four Vendors using ReposiTrak’s Out-of-Stock Management Solution Cut Out-of-stocks in the General Merchandise Category by an average 75% SALT LAKE CITY--(BUSINESS WIRE)--ReposiTrak, Inc., the industry leader in solutions for stock replenishment, compliance, sourcing, food safety and risk management for the retail supply chain, reports that three quarters of general merchandise suppliers using its Out-Of-Stock (OOS) Management Solution for improved direct-store delivery are reducing out-of-stocks by an average of 75 percent.ReposiTrak’s OOS Management identifies out-of-stock opportunities so suppliers can work with retailers to maintain on-the-shelf inventory. Although out-of-stocks has been an issue for years in food retail, on-the-shelf product availability has taken on a critical urgency for traditional food retailers as shoppers now have the option of ordering products online. A 2018 IHL study found that 24% of Amazon’s North American retail revenues can be attribut
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