-- Increasing aggregate sales 1-3%
-- Increasing same store sales by 100% to 400% for targeted SKUs
-- Reducing store-replenishment related out-of-stocks by up to 50%
-- More than doubling the accuracy of out-of-stock detection
"One of the reasons for our success is our focus on helping customers take
action to lift sales. Predicting lost sales at the shelf is a complex
science, and our forecast accuracy and our ability to process millions of
transactions every night is the best in the business. But analysis alone
won't get products to the shelf. For that, you need specific, actionable
tasks that are reliable -- not false positive alerts that waste time and
resources," said Peters.
TrueDemand's ability to deliver tasks directly to in-store merchandising
teams on a daily basis, and to bring store-level feedback to account teams
and others analyzing daily operations, has been a critical differentiator
for the company. TrueDemand also stands apart with its industry-leading
accuracy rate for daily demand forecasts. The high degree of forecast
accuracy enables near real-time inventory adjustments to prevent lost sales at the
shelf.
In addition to adding new customers, TrueDemand achieved a number of
important milestones, including:
-- Opening a dedicated customer service center in Atlanta
-- Tripling the number of retailer data sources analyzed
-- Co-chairing the EPC item-level tagging committee
-- Receiving industry awards and recognition from Gartner Group, Consumer
Goods Technology and Supply & Demand Chain Executive
About TrueDemand Software
TrueDemand Software helps retailers and their suppliers solve the root
causes of out-of stocks to prevent lost sales at the shelf. TrueDemand's
breakthrough software-as-a-service solution for account teams, in-store
merchandising teams and sales executives enables consumer product companies
to rapidly and accurately take actions that result in a sustainable lift in
sales. TrueDemand is based in Los Gatos, California, with offices in
Atlanta, Georgia, and Pune, India. For more information, please visit
www.tdemand.com.
Contact Information: Contact: Alicia Libucha Lois Paul & Partners 781-782-5703 alicia_libucha@lpp.com