-- Annual Event Brings Together Leading Supply Chain Teams and Innovators to Debate, Challenge the Status Quo and Shape the Supply Chain of the Future
LONDON and MOUNTAIN VIEW, California, Nov. 6, 2013 /PRNewswire/ -- Retail Solutions Inc. (RSi), a global provider of cloud-based, Big Data analytics and real-time intelligence for the consumer-products industry, today announced its sponsorship of the 14th Annual IGD Supply Chain Summit taking place Nov. 12-13 in London.
IGD's Supply Chain Summit is the industry's leading supply chain event, giving supply chain teams from across the industry the chance to come together, share experiences and identify future opportunities. This year, event organizers have added an evening of networking and insight before the main conference programming begins. As an event sponsor, RSi will have a presence on the show floor where they will share how retailers and suppliers are reaping significant returns from controlling out-of-stocks, managing inventory and forecasting and replenishment processes through collaborative efforts and downstream data sharing made easy using the RSi platform.
"We are delighted to be a part of the IGD Supply Chain Summit and to share with attendees how RSi's solutions, and proven use cases, are leveraged by leading consumer products companies to drive value across the supply chain and throughout the enterprise," said Cedric Guyot, General Manager Europe for RSi. "In the past, CPG companies used retailer data for reporting, internal operations or to support one-off discussions with their customers. Today, we are witnessing a new trend where data is leveraged daily to better collaborate with retailers, tactically and strategically. By providing data on what sells every day – by item, by store – and transforming it into actionable intelligence, we can increase the speed and accuracy of inventory through the supply chain, reduce out-of-stocks and drive customer satisfaction and sales."
RSi's European presence now extends to 10 countries throughout the region with European headquarters in London. On average, RSi customers report a 1-3% lift in on-shelf availability rates worldwide along with inventory reductions in the 10-20% range.
About Retail Solutions Inc.
Retail Solutions Inc. (RSi) is a global provider of Big Data, predictive analytics for the Consumer Packaged Goods (CPG) industry. The company collects and transforms billions of data points on what shoppers are buying every day and makes it insightful and actionable for better tactical and strategic decision-making at the corporate level and in the field. RSi's innovation and competitive edge comes from the science, algorithms and patented technology that power its cloud-based solutions. The RSi platform is trusted by more than 500 global CPG companies including Colgate-Palmolive, ConAgra, Danone, Diageo, Heineken, Kimberly-Clark, Kraft, L'Oreal, Mondelez, Nestle, Procter & Gamble, and Unilever to maximize product availability, uncover new opportunities, and drive sales. To learn more about the company, visit: www.retailsolutions.com.
April H. Burghardt
PR Consultant for RSi
SOURCE Retail Solutions Inc.