B.J. Alan Sparks Profits with Prescient.Leading Fireworks fireworks: see pyrotechnics. fireworks Explosives or combustibles used for display. Of ancient Chinese origin, fireworks evidently developed out of military rockets and explosive missiles and accompanied the spread of military explosives westward to Company Adds Visibility & Analytics to Its Arsenal WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Pa. -- Prescient pre·scient adj. 1. Of or relating to prescience. 2. Possessing prescience. [French, from Old French, from Latin praesci Applied Intelligence, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PPID PPID Parent Process Identification PPID Positive Patient Identification PPID Plasma Process-Induced Damage PPID Piece Part Identification PPID Proprietary Parameter Identification PPID Parent Process Identifier ) today announced that B.J. Alan, one of the nation's largest importer, retailer and wholesaler of consumer fireworks, added Prescient's Visibility & Analytics (V&A) to complement its successful Scan Based Trading (SBT SBT Symplastin bleeding time ) suite. Prescient is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers. A hot catch for the fireworks giant: SBT recently enabled B.J. Alan to spot a major pricing discrepancy and correct it before profits were affected. In Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , the company's fireworks are sold under a different pricing structure than that used in the continental U.S. While using the Prescient suite to analyze the first day's sales from its Puerto Rican Puer·to Ri·co Abbr. PR or P.R. A self-governing island commonwealth of the United States in the Caribbean Sea east of Hispaniola. retail partner, B.J. Alan noticed that correct prices had not been loaded into the retailer's system. The company alerted the retailer and, thanks to Prescient, the pricing discrepancy was corrected immediately. Fireworks are a very seasonal product, with Fourth of July Fourth of July, Independence Day, or July Fourth, U.S. holiday, commemorating the adoption of the Declaration of Independence. Celebration of it began during the American Revolution. and New Year's being the two peak times of the year for B.J. Alan's Phantom[R] Fireworks products. Retailers don't want to, and in some cases are legally not allowed to, keep excess fireworks on the shelves, so unsold products have to be returned to B.J. Alan, an expensive and time-consuming process, since fireworks have to be transported in special D.O.T. approved packaging because of the safety issues involved. Before adopting Prescient's V&A and SBT solutions, the company had to take a guess at how much product to stock on store shelves, which often meant overstocks and returns. Now B.J. Alan is able to get visibility into product movement and sales, so there is no more guesswork involved in the ordering process. And that means fewer costly returns. Prescient Helped B.J. Alan Reduce Reporting Time by 75 percent The company now uses Prescient's V&A solution in conjunction with SBT. This makes analyzing and accessing SBT data easier and even more effective. Using Prescient's solutions, B.J. Alan is able to spend 75 percent less time on reporting, and can now create the types of reports needed to make executive decisions. "Scan based trading enables us to place our orders based on consumer demand, so we always know how much product a retailer needs," said Mike Koocher, Director of IT for B.J. Alan. "We always strive to provide both our customers and our staff with the best options technology has to offer, and Prescient has certainly put us ahead of the curve in this respect. This has been invaluable when it comes to cutting back on returns." "Using scan based trading is an optimal way for companies like B.J. Alan to increase profits by eliminating unnecessary ordering and profit-eroding returns," said Jane Hoffer, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Prescient. "Prescient's solutions give increased visibility into point-of-sale data, and with that insight, companies can identify opportunities." **If you are interested in reading more about the success B.J. Alan has had with Prescient and it's SBT program, read the case study, 'How Scan Based Trading Helped B.J. Alan Sparkle'. **For more information on Prescient's Scan Based Trading or Visibility & Analytics, visit Webcast Express, webcasts designed to provide you with information about Prescient products and services in under 10 minutes. About Prescient Applied Intelligence: Prescient, founded in 1985 (OTCBB: PPID), is a leading provider of supply chain and advanced commerce solutions for retailers and suppliers. Prescient's solutions capture information at the point of sale, provide greater visibility into real-time demand and turn data into actionable information across the entire supply chain. As a result, the company's products and services enable trading partners to compete effectively, increase profitability and excel in today's retail business climate. Household brand names like Ahold, Coors, Domino's Pizza For Domino's Pizza in Australia, New Zealand, France, Belgium, the Netherlands and the Principality of Monaco, see . Domino's Pizza, LLC (NYSE: DPZ) (LSE: DOM) is an international pizza delivery corporation headquartered just outside Ann Arbor, Michigan, United , Meijer, Rite Aid, Sara Lee, Schwan's, SUPERVALU, and Wyeth rely on Prescient. For more information, go to www.prescient.com. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "if", "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to Prescient Applied Intelligence, Inc. are intended to identify such forward-looking statements. Prescient may from time to time update these publicly announced projections, but it is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in Prescient's report on Form 10-KSB filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. |
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