ProfitTrax Logo Blue

ProfitTrax Launches Augmented Intelligence for a Team-Up Culture of Profit Improvement

Data Analytics are everywhere… but are people using it effectively?

Maybe you know how to use it, maybe some of your managers know how – but with an Augmented Intelligence System your data is Operationalized.

Now, ProfitTrax is excited to share the launch of its own Augmented Intelligence system the world. With ProfitTrax, Operations, Asset Protection and Merchandising are empowered with plain English Action Directives designed to help store teams and Product Specialists see and understand the root causes of their shrink loss and to TEAM-UP to act quickly and decisively to grow sales, reduce shrink loss and out of stocks to improve storewide gross margins.

SRS has spent over 2 years developing a new generation of Augmented Intelligence to instantly Operationalize store data and transform it into plain English StoreWalk Action Steps to improve Gross Margins.

According to Larry Miller, President of ProfitTrax, “this new Augmented Intelligence brings together human, experience-based perspectives and machine perspectives to improve and speed-up both strategic and tactical Action decisions to guide immediate and long-term Sales and Profit Improvement in every dept of every store. It all comes together with our ProfitTrax TEAM-UP training process. ProfitTrax AI wakes up every morning before you do to pre-process and interpret your storewide data and automatically communicate plain English Profit Improvement direction to enterprise-wide user’s desktop or mobile devices.”

12-Week Case Study ROI Results:

ProfitTrax Case Study ROI Grid
Actual ProfitTrax Case Study Produce 7:1 ROI

Retailer comment: “Now we have Operations, Asset Protection and Merchandising all working with one system. ProfitTrax has cut our report reading/analysis by 40-50% and its plain English analytics gives our store teams excellent ‘what to do next’ direction. The SRS Shrink Mitigation TEAM-UP process has helped us to collaborate to simplify our processes to grow our gross margin. It’s been excellent for us.” (name withheld, but available by request)

According to Dawn Gammon at ProfitTrax – “I’ve served as Senior Customer Profitability Coach at ShrinkTrax and VP, Retail Operation Consultants at March Networks. I have never seen improvement achieved so quickly and with sustainable results as the ProfitTrax/SMT solution delivers. ProfitTrax is a system of smart technology and implementation effectiveness best practices training. Combined, this produces for a culture of sustainable profit improvement.”

8 Unique Features

  • Augmented Intelligence that merges human and machine perspectives into one Smart Solution that is easy to learn and fast to implement because everything impacting operational performance is all in one place and in plain English.
  • Eliminates many existing spreadsheets, reports, emails and clicks around disconnected programs.
  • 210 variable combinations of data driven Best Practice Action Alerts that when followed will disrupt sales deficiencies and/or shrink loss.
  • Unlimited customizable / personalized Conditional Profiling Alerts.
  • Enterprise wide and industry specific logic tailored to role specific users.
  • Multi-dimensional algorithms to identify opportunity conditions.
  • In-depth User Training for ProfitTrax AI Software and Operational Best Practices.
  • Built-in Video Training Library for “at a click” Best Practice refresher training.

As a cloud-based Service, ProfitTrax is fast to implement, easy to use and guarantees a first year ROI of up to 5:1 from whole store sales improvement and shrink reduction.

Our Recommendation: Always practice a people first, technology second approach when working to create a profitable selling culture.

Call (602) 448-8500 or email larry@smartretailsolutions.com today for information on Growing Your Fresh Gross Margins with a Smarter Path to Profitable Selling.

Leave a Comment

Your email address will not be published. Required fields are marked *