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TWST: We'd like to begin with a brief historical sketch of Park City Group and a
picture of the things you are doing at the present time.
Mr. Fields: Park City Group is a company that combines both its expertise in
retail - our genesis was in the context of the company that I founded prior to
this, Mrs. Fields Cookies - and some very interesting technology that allows
retailers to control the two most important costs that they experience in doing
business - the cost of their inventory and the cost of their people. So we
combine our retail expertise with our technological expertise to help retailers
become more successful. TWST: Would you explain the things that you do?
Mr. Fields: We do a variety of applications and consulting for retailers,
everything from labor scheduling to eliminating paperwork at store level, all
the way through to our most recent product offering that is currently driving
the top line significantly. It's a product that we call Fresh Market Manager,
and it's a suite of applications used in particular supermarket chains,
convenience stores, and others that are in the business of selling perishables,
that enables them to do a better job of controlling their inventory in the
perishable arena. Perishable departments, such as produce, meat, seafood,
service deli, dairy, etc. are the most rapidly growing areas in the supermarket
industry. We allow our customers to control the balance of their perishable
products so that they have enough on hand to sell, but not so much that they end
up throwing away excess or out-of-date product.
Tickers included in this excerpt: PCYG
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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