Software

Software: Advanced Cloud-based / SaaS Model that aggregates disparate, store-specific data and uses proprietary Augmented Intelligence (AI) Causation Analytics to pinpoint the likely behaviors, processes, and practices that caused the results. ProfitTrax AI then recommends in plain English ways to store teams how to improve their sales and gross margins.

The ProfitTrax “All-In-One” Dashboard/Portal streamlines and simplifies putting all KPIs together in one place.

• Grow Your Profitable Selling Culture: Promote Inventory Productivity. Reduce Store Shrink. Grow Gross Margins.

System Benefits:

• ProfitTrax takes a Whole Store, People-centric approach
• Data-informed, collaborative, store-by-store approach
• Designed to Optimize Whole Store Gross Margin
• Enhances Store Operations Best Practices Execution
• Improves inventory turns by 12%
• Reduces internal gross margin erosion (Shrink) by 15%
• Enhances labor efficiency by 9–11%
• 100–150 basis points of gross margin gains
• ★ Beyond Data - ProfitTrax is a SYSTEM
• Guaranteed 5:1 ROI

• ★ Build/Enhance Your Profitable Selling CULTURE

Training

Training: Training is a vital success component of every technology implementation. ProfitTrax end users are trained to understand not only how to use a technology, but its purpose and objectives. SRS-ProfitTrax Trainers are experts at teaching processes and best practices to achieve optimal business outcomes.

Presenting KPIs:

• Users see daily, weekly, and monthly Top KPIs for Sales, Shrink, OOS, and Inventory Turns Optimization.
• KPIs cause processes and practices actions to improve.
• KPIs promote profit-making behaviors, processes, and practices.
• Store Operations and Store Team Leaders all focus on the same KPIs.
• Data-informed and Best Practices trained store teams produce optimal gross margins.

Using KPIs:

• All KPIs must always lead to actions to improve.
• The ProfitTrax System trains for proactive decision-making and Action.
• Gross Margin optimization depends on 6 interconnected KPIs.
• Consistent Profitable Selling begins and ends with Inventory Turns.
• Consistent KPI use promotes a Culture of constant improvement.

Expert Training Outcomes:

• Optimal outcomes depend on Proactive and Consistent Leadership.
• There must never be a set-it-and-forget-it mentality. Accountability to improve at all levels is vital.
• Training for Improvement Goals:
• Grow Sales.
• Reduce Shrink Loss by 15%.
• Improve Inventory Turns by 10-12%.
• Grow Gross Margins up to 18%.
• Improve Labor Efficiency by 9-11%.

All Supervisors and Store Teams on the same page with the same objectives and know-how, all focused on consistent best practices execution.

ROI

ROI: All technology and training at SRS, ProfitTrax, and Scan-it are centered on one common objective.

• Our sole and ongoing objective is producing a healthy 3:1, up to 5:1 ROI for our Retailer Partners.
• Our Technology drives ROI, our Training drives Best Practices Execution for ROI, and our Implementation Support drives Continuous Improvement for ROI.
• We strive to enhance your Profitable Selling, Store Operations Excellence Culture.
• Let’s discuss your goals and objectives and how we can help you to achieve them.