Open Projects has developed software to help retailers manage the distribution of magazines and newspapers better.
Currently, one third of all UK magazines delivered to retail outlets have to be sent back to the supplier unsold, costing around £800 million a year. The software specialist, in partnership with Rascal Solutions, a company set up by magazine wholesalers to monitor sales and return in supermarkets, has sold the system to retailers such as Tesco and Sainsbury’s.