SOURCE: Profitect

Profitect

October 23, 2014 09:37 ET

Profitect Adds DSW Inc. to Client List

WALTHAM, MA--(Marketwired - Oct 23, 2014) -  Profitect Inc., the leading Prescriptive Analytics provider for the retail industry, announced Designer Shoe Warehouse, DSW Inc., as their newest customer. With a focus on inventory management -- the finance, operations, merchandising, and loss prevention teams plan to use Profitect to pinpoint ways to improve inventory accuracy and quality compliance. 

"We selected Profitect for the unique analytics they bring to inventory management," said Joe Hippler, VP Controller, DSW Inc. "Our partnership with Profitect will enable DSW to serve our customers' needs in a growing Omni-channel world by improving our in-stock position across the right merchandise."

"We're excited that DSW has joined our growing customer base," said Guy Yehiav, CEO, Profitect. "Leveraging Profitect's pattern-seeking, cloud-based analytics solution will enable DSW to improve inventory accuracy and productivity."

About Profitect

Profitect leverages existing big data investments to identify, resolve, and measure opportunities for improvement by delivering Actionable Prescriptive Analytics to the right person, at the right time.

About DSW Inc.

DSW Inc. is a leading branded footwear, handbag and accessories retailer that offers a wide selection of brand name and designer fashion for women, men, and kids. As of October 23, 2014 DSW operates 430 stores in 42 states, the District of Columbia and Puerto Rico, and operates an e-commerce site, http://www.dsw.com, and a mobile site, http://m.dsw.com. DSW also supplies footwear to 370 leased locations in the United States under the Affiliated Business Group. For store locations and additional information about DSW, visit http://www.dswinc.com. Follow DSW on our blog at http://www.doyouspeakshoelover.com, on Facebook at http://www.facebook.com/DSW, and on Twitter at http://twitter.com/DSWShoeLovers.

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