Profitect, a leading pattern seeking analytics provider for the retail industry, has added Ahold USA as its latest customer. Profitect is rolled out in Ahold's Giant Landover division.
Ahold USA will leverage Profitect's integrated data to improve its shrink performance by replacing legacy reporting approaches, which require large volumes of information to be interpreted, with automated resolution processes. The Profitect closed loop system creates accountability, the company said, by ensuring employees identify and resolve opportunities impacting the business.
"We're excited that Ahold USA has joined our growing customer base. As a world class grocer, with an emphasis on quality, selection and savings, Ahold USA and its retail divisions are committed to providing customers with great food at a great price," said Guy Yehiav, CEO, Profitect. "Leveraging our innovative pattern-seeking, cloud-based analytics solution will enable Ahold USA to not only fulfill this commitment to their customers, but quickly increase revenue and margins with minimal IT involvement, and easily understand where profit opportunities exist within their stores."