WALTHAM, MA--(Marketwired - September 29, 2016) - Profitect Inc., the leading prescriptive analytics provider, today announced the appointment of six visionaries in the retail technology industry to its Board of Advisors. With a commitment to helping the company succeed, the Board will contribute ideas, feedback and guidance on key decisions and strategic plans across the organization, with a focus on business development and marketing.
Leveraging years of experience and industry insight, the Board of Advisors met during Profitect's annual User Group Conference, Spark a Revolution, in Fort Lauderdale on September 13, 2016. A core focus of discussion for the group was centered around the exciting transformation of the retail industry towards omni-channel, other consumer driven solutions and how to leverage Profitect's prescriptive analytics solutions. The Board of Advisors discussed the challenges of precise inventory management, maximizing sales and profits through better focused marketing, training on the job, allocation, on shelf availability, while reducing store tasks to better serve customers. The Board also focused on continuing to up level the user experience for both customers and prospects. Moving forward, the Board will meet on a regular basis to discuss a roadmap for successful retailing and ways for Profitect to engage with, and respond to the needs of, the retail business community.
"The diverse and impressive background that each member brings to the Board is truly unique," said John Deane, Head of the Profitect Board of Advisors. "I am honored to lead this group of talented individuals of unmatched experience in planning, merchandising, store operations, loss prevention, management, finance and technology. It's an exciting time for Profitect as we are paving the way for the next generation of analytics innovation."
"We are thrilled at the opportunity to bring these creative and strategic minds into the operations at Profitect," said Guy Yehiav, CEO of Profitect. "We strive to continuously improve the way we do business and develop our technology to meet the evolving needs of our customers and the retail industry. With the Board of Advisors, we will be privy to objective guidance and unparalleled support in an effort to drive our business forward. We are excited at what the future holds for our business and we'll continue to put our customers at the forefront of our decision making."
Led by John Deane who also sits on Profitect's Board of Directors, the Board of Advisors includes:
To learn more about the Board of Advisors please visit the Profitect site.
Since 2012, Profitect has helped companies leverage existing big data investments to identify, resolve, and measure opportunities for improvement by delivering actionable prescriptive analytics to the right person, at the right time.
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