Pilot Company to implement 4R software in its stores to strengthen inventory management across its network.
Berwyn, PA (PRWEB) - 4R Systems, Inc., a leading provider of cloud-based machine learning & AI solutions that help retailers optimize their supply chain and merchandising decisions, announced that Pilot Company has selected its machine learning Forecasting and Replenishment Solution. Pilot Company is the largest operator of travel centers in North America, with more than 750 company-owned locations in the United States and Canada.
“We couldn’t be happier to partner with Pilot Company and look forward to continuing our work together,” said Mark Garland, 4R Systems President & CEO. “Inventory is the lifeblood of any strong retail business and is an essential component to driving sales. We are thrilled to see Pilot Company leverage 4R analytics and solutions, especially in the midst of a global pandemic, to build on the success from our initial testing.”
4R Systems is implementing its software across Pilot Company’s vast network of owned and operated travel centers to provide a more consistent and efficient solution that maximizes inventory and sales.
“We are always looking for ways to enhance the in-store experience for our team members and guests,” said Brian Ferguson, Chief Merchant for Pilot Company. “The 4R Systems solution will build on our existing inventory management processes to simplify store operations and dramatically improve our in-stock position. As we look to optimize inventory across the board, 4R Systems is delivering a solution with robust insights and data to drive sales and make it easier for our team members to provide the items our guests need while on the road.”
The Forecasting and Replenishment Solution analyzes demand patterns, inventory costs, margin, case pack size, lead times, and other supply chain parameters to determine the inventory level that maximizes revenue and sales. Powered by machine learning and AI, the solution is streamlined and accurate, which frees up teams and enables them to focus on more strategic challenges.
To learn more about 4R Systems and its machine learning and AI-powered solutions, call (610) 644-1234 or visit http://www.4rsystems.com.
About 4R Systems
4R is a leading provider of cloud-based, prescriptive analytics solutions leveraging the latest machine learning and AI strategies that help retailers optimize their supply chain and merchandising decisions.
Its innovative SaaS solutions are dedicated to helping retailers improve strategic decisions across the key functional areas of demand planning, omnichannel replenishment, assortment optimization, product markdown, and seasonal allocation planning. Its holistic modeling learns your consumer demand including price elasticity, seasonality, localized demand variation, promotion lifts, and substitutability while allowing retailers to control the amount of risk.
Whether a traditional or pure e-commerce retailer, 4R's benefit-driven methodology provides a flexible framework of exception-based management and scenario planning to meet the needs of a competitive landscape. Call (610) 644-1234 or visit http://www.4rsystems.com.
About Pilot Company
Pilot Company keeps North America’s drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company supplies more than 11 billion gallons of fuel per year and has an industry-leading network of more than 950 retail and fueling locations that offer a variety of products, amenities and innovative solutions to make road travel easier. The Pilot Flying J travel center network includes locations in 44 states and six Canadian provinces with more than 680 restaurants, 74,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and 34 Truck Care service centers. The One9 Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations. Pilot Company’s energy division supplies fuel, DEF, bio and renewables and provides hauling and disposal services as the third-largest tanker fleet in North America.
Pilot Company is currently ranked No. 10 on Forbes’ list of America’s Largest Private Companies. More information on locations and amenities is available on the Pilot Flying J app. For additional information about Pilot Company and its commitment to team members and giving back, visit http://www.pilotcompany.com.