K3S Announces subscription-based service
July 1, 2015
Marietta, GA – King III Solutions, Inc. (K3S), a leading provider of inventory replenishment solutions, recently announced a new subscription-pricing model for their software. This pricing model coincides with the company’s 25thAnniversary and aligns with their plans for future growth.
Since opening its doors in 1990, K3S has worked to provide affordable, advanced replenishment tools to distributors and retailers of all sizes. “Whether it is a hosted environment or installed on-premise, we believe this subscription pricing is an affordable way to bring the advanced functionality of our software tools to companies big and small,” says King Harrison III, founder and president of K3S. “This pricing model will address one of the largest challenges faced by distributors: how to provide the best possible tools to their employees with minimal financial risk.
So far, the strategy seems to be working. Chris Dempsey is the Co-Owner and Vice President of The Myers-Cox Company, a full-line convenience store distributor in Peosta, IA. “The subscription model that K3S provided made it possible for us to take advantage of all of the benefits K3S-Replenish offers without a tremendous upfront investment,” Dempsey says. “It was a perfect solution for our company.”
K3S-Replenish gives distributors and retailers all of the tools they need to manage their inventory. This includes: accurate demand and lead-time forecasts, smarter ordering patterns, and automated forward buys. The software currently services distributors throughout North America and the Caribbean.
About K3S Inc.
K3S, currently celebrating its 25th anniversary, is a leading provider of advanced purchasing and replenishment solutions. Founded in 1990, it continues to pioneer new tools and techniques to assist companies in better inventory management.