Lemur IMS
7006 Little River Turnpike Suite L
Annandale, Virginia 22003
+1 202 681 4811
Saving the Retail Industry Billions of Dollars
Taking a local approach to selling aged and slow moving inventory, Lemur™ drives profit and sales for retailers, everywhere.
A Revolutionary Inventory Management System
The retail industry loses billions of dollars a year due to aged or slow-moving inventory. Lemur™ Inventory Management System (IMS) solves this problem.
Lemur IMS enables retailers to move slow-moving and aged inventory at the best possible prices and in the shortest amount of time. Lemur replaces the imprecise method of arbitrary mark-downs with a dynamic, customer-focused system. Developing a one-to-one relationship with customers and making intelligent discount adjustments based on available data it ensures velocity and profit. The unique data gathering tool also enables managers to have short, impactful interactions with their local customers.
Overview
Lemur IMS collects market, retail, customer and community data to optimize the results per location. Using various methods of real-time communication Lemur creates a sense of urgency and a call to action that leads to more sales. Lemur’s clients are better informed and more agile than their competitors and drive more loyal customers. Some examples of the data that Lemur analyzes in order to optimize results are:
- Individual store location
- Product margin
- Product velocity
- Customer interest
- Complementary products
Features
Lemur IMS clients are provided with the best data analysis and individual algorithm results that maximize each store’s opportunities to move inventory.
- Provided automated pricing solutions
- Stop Gap measures that allow managers to make decisions based on the state of their daily business
- Constant updates to the algorithm that enables the system to become more efficient over time
- Target campaigns insuring that the most amount of customers are satisfied and virtually eliminating customer disappoints for sales driven through Lemur
- Personalized marketing that makes each customer feel important and gives a sense of community
Benefits
Stores that use Lemur IMS software drive more profits, have better looking stores, and more loyal customers. Our proprietary algorithm ensures that products are sold at the highest profit to only the most interested customers. The targeted personal messages lead to happier and more loyal customers. The focus on aged and slow moving inventory ensures that stores clean up their inventory and make room for the hot new items.
Experienced Professionals from Retail, Design and Programming
I believe that the only way to be competitive in today’s world is to offer higher quality service than our competitors. We do this for our customers and help them do it for theirs.
— Will Fuentes, CEO, Lemur
Lemur was founded with experienced professionals from retail, design and programming. Understanding that slow-moving and aged inventory is a huge drain on resources and profits we set out to create a solution. Leveraging our varied backgrounds and knowledge we have created a SaaS that is easily implemented and immediately impactful.
Recognizing the issues a big box retail manager faces on a daily basis we have designed our software to minimize their workload while driving additional revenue. At the same time we believe the best way for a store to be successful is to capitalize on its native resources. The biggest of which are the local customers. Creating a solution that combines unique inventory and local customer data Lemur IMS creates differentiated customer experience that drives loyalty and profits. Lemur offers higher quality service for your customers.
The Lemur Team
Will Fuentes
Chief Executive Officer / Founder
Will Fuentes founded Lemur Technologies, Inc in 2011. In his role as CEO, he is in charge of all aspects of vision, strategy and execution for Lemur IMS.
Will brings 7 years of field and corporate experience to Lemur. This experience has allowed him, and the Lemur team, to create software that is easy to implement and impactful to the bottom line.
After graduating from The George Washington University Law School in 2001 Will worked for two years in legal field before pursuing a career in retail management. Given a unique opportunity to work in a test store for a major big box retailer, Will was able to work with and learn from countless number of executives.
Under Will’s dynamic leadership his stores won numerous district, region, and company awards. Constantly innovating and creating new methods to maximize sales, Will was given the opportunity to work on multiple corporate teams. Creating new positions, reporting structures, and operational efficiencies, Will earned a reputation as an outside the box thinker for inside the box problems.
Cary Scott
Chief Operating Officer / Co-Founder
Cary Scott is a serial entrepreneur, professional graphic artist, web designer/developer, creative director, publicist, and social media consultant with over 16 years experience in the design and marketing fields. Currently, Cary is a principal at Shout Brigade, a Branding, Web Design, and Social Media Marketing firm in Washington DC; where he serves as both Creative Director and Internet Marketing Director.
As the Creative Director, he oversees the creative direction of websites, ads, and video productions. As the Internet Marketing Director he uses social media and both web and mobile technologies to build digital relationships for businesses, organizations, and individuals.
Cary is an expert in marketing and design, and is a much sought after presenter at Web Development and Social Media Marketing workshops and seminars. Prior to working at Shout Brigade, Cary was a freelance web design and internet marketing professional for over 10 years where he specialized in User Experience (UX) and User Interface (UI) design. Cary’s extensive knowledge of Web Design, User Experience Design, and User Interface Design Strategy will be used to ensure high quality usability of all Lemur Technologies’ software. His expertise in Internet and Social Media Marketing will be utilized to enhance digital communications, and build quality relationships with Lemur Technologies’ clients and end users.
H. Michael McGahey, CPA
Chief Financial Officer
Mike McGahey, a graduate of the College of William and Mary, has 20 years of public accounting experience as a partner with McGladrey & Pullen and Ernst & Young, specializing in working with entrepreneurs as an auditor and consultant. He assisted numerous companies in raising private capital and participated in several IPO’s. Since then he has worked as the senior financial manager for several IT companies and government contractors. Bigdough, one of the start-ups managed by Mike, experienced explosive growth and was twice named to the INC500 fastest growing companies list.
Mike has also been involved in several successful financings, purchases, and sales of other companies. Mike is well regarded in financial circles for his expertise and has served on the Board of the United Way and as President of the Virginia Information Systems Auditor Association. Mike brings practical financial expertise to Lemur, as well as experience with managing start-ups from inception to exit.
Evan Burfield
Advisor
Evan is Chairman and Founder of Synteractive. In his role as Chairman, he is responsible for all aspects of vision, strategy, and execution at Synteractive. He is also the Executive Chairman of Cloud Advantage, a Synteractive company.
Evan launched his dynamic, entrepreneurial career in 1996 by founding netDecide, the leading provider of enterprise wealth management solutions to top tier financial service firms such as Bank of America and Ernst & Young. Under his leadership, netDecide won numerous analyst recommendations and accolades, including the Investor’s Choice Award by the Financial Services Outlook Conference in 2001. The company was sold to Informa Investment Solutions in 2003, at which time it was profitable with over $11 million in annual revenue.
Evan holds a First Class degree in Joint Honors Philosophy, Politics and Economics from St. Catherine’s College at the University of Oxford. While at Oxford, he won the Webb Medley prize for most outstanding thesis for his work on the effects of organizational incentives on knowledge sharing. Selected as one of the Top 30 entrepreneurs under the age of 30, 35, and 40 by BisNow; the only 3 time selectee of that honor.