Java IoT Authors: Yeshim Deniz, Elizabeth White, Liz McMillan, Pat Romanski, Zakia Bouachraoui

News Feed Item

ProfitLogic Executive to Present 'Making Price Optimization Work in Practice' at the Pricing Institute's 2005 PriceX Conference

ProfitLogic Executive to Present 'Making Price Optimization Work in Practice' at the Pricing Institute's 2005 PriceX Conference

BOSTON, June 14 /PRNewswire/ -- ProfitLogic, the industry-leading provider of Retail Profit Optimization solutions, announced today its participation in the Pricing Institute's 18th Annual PriceX Conference to be held June 22 - 24, 2005 at the Embassy Suites Chicago. PriceX is an annual forum that brings together leading industry experts to share best practices for creating and communicating value to customers through pricing. Doug McIver, Director of Product Management at ProfitLogic, will present, "Making Price Optimization Work in Practice" on Wednesday, June 22nd from 3:30 pm - 4:15 pm CDT in Symposium B.

In his presentation, McIver will share the knowledge derived from ProfitLogic's more than 20 years of experience delivering the value of Price Optimization to retailers. Attendees will learn how ProfitLogic's solution, which applies the power of analytics and optimization to pricing decisions, is changing the way retailers think about their business. He will explain how Price Optimization drives other non-pricing operational decisions, how it interacts with other merchandising and marketing decisions, and the critical role users play in achieving the significant results that the solution is capable of delivering.

"I look forward to sharing the expertise, insights, and best practices we have accumulated by helping more than 30 industry-leading retailers make better merchandising decisions," said Doug McIver, Director of Product Management at ProfitLogic. "Understanding the complex interactions between the underlying analytics and the retailer's environment is a key factor in successfully deploying advanced systems and achieving the promise of Price Optimization."

"Our event is designed to support the exchange of new ideas on the tactics and strategies for creating and managing profitable pricing practices," said Heather K. Stern, Senior Conference Producer, from the Pricing Institute. "We are pleased to have an industry expert like Doug McIver with us to share how optimization technology helps retailers deliver continued value to their customers."

For more information about PriceX and other scheduled speakers at the event including Best Buy Co., AutoZone and AMR Research, please visit http://www.iirusa.com/pricing.

ProfitLogic provides industry-leading Retail Profit Optimization solutions designed for retailers whose top priority is getting the highest return on inventory investments. ProfitLogic's customers have found that using insight into future customer demand results in more profitable merchandising decisions and more time to focus on what matters most: the customers and the merchandise.

About ProfitLogic

ProfitLogic is the leading provider of Retail Profit Optimization solutions designed for retailers whose priority is getting the highest return on inventory investments. ProfitLogic's solutions provide merchants with day- to-day operational decision support and workflow for making better-informed assortment execution, allocation and fashion replenishment, promotion, pricing and markdown decisions. ProfitLogic has delivered fast, flexible solutions with significant financial benefit to industry leading retailers such as American Eagle Outfitters, AnnTaylor, Bloomingdale's, Burlington Coat Factory, Charming Shoppes, The Children's Place, Gap Inc., including: Gap, Banana Republic, Old Navy; JCPenney, Loehmann's, Marshall Field's, Meijer Stores, New York & Company, Nordstrom, Northern Group Retail, Reitmans, Sears, ShopKo Stores and Toys R Us. For more information about Cambridge, Mass.-based ProfitLogic, call 617-621-5500 or visit http://www.profitlogic.com/.

Contact: Jakki Glivicky ProfitLogic 617-621-5626 [email protected]


CONTACT: Jakki Glivicky of ProfitLogic, +1-617-621-5626,
[email protected]

Web site: http://www.profitlogic.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
JETRO showcased Japan Digital Transformation Pavilion at SYS-CON's 21st International Cloud Expo® at the Santa Clara Convention Center in Santa Clara, CA. The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...