⚖️ Achieving the delicate balance between forecast accuracy and an effective replenishment process is key in retail. It’s time for a bit of a throwback with a twist of the latest advancements in retail technology: in our August #RELEXTalks episode, we’re all about optimizing forecast accuracy (our very first speciality area) and how artificial intelligence enhances it in the constantly changing world. 🎙️ Our experts are Alex Jobin and Nikin Tailor. They take us through the full forecast accuracy journey, led by our returning host, Casey McSherry. From choosing the right way to measure to breaking down silos and enabling better decision-making with increased transparency, you’ll think of forecasting with a new outlook. Follow us on LinkedIn for insights on managing your supply chain! #AI #SupplyChain #Forecasting
RELEX Solutions
Software Development
Helsinki, Uusimaa 45,242 followers
Our unified supply chain and retail planning platform helps retailers and consumer brands sell more and waste less.
About us
RELEX Solutions provides a unified supply chain and retail planning platform that aligns and optimizes demand, merchandising, supply chain, operations, and production planning across the end-to-end value chain. We help retailers and consumer goods companies like ADUSA, AutoZone, Coles, Dollar Tree and Family Dollar, M&S Food, PetSmart, and The Home Depot drive profitable growth across all sales and distribution channels, leading to higher product availability, increased sales, and improved sustainability. Learn more at: https://www.relexsolutions.com/customers/
- Website
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http://www.relexsolutions.com
External link for RELEX Solutions
- Industry
- Software Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Helsinki, Uusimaa
- Type
- Privately Held
- Founded
- 2005
- Specialties
- retail planning, supply chain planning, demand forecasting, automatic replenishment, space planning, assortment planning, inventory management, promotion optimization, markdown optimization, planogram optimization, retail & supply chain analytics, workforce optimization, merchandise planning, behavioral clustering, 100% customer referenceability, agility, happy customers, SaaS solution, and quick ROI
Locations
Employees at RELEX Solutions
Updates
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Couldn't make it to our live session? You can still catch our webinar, "Space Optimization: Maximizing Retail Efficiency with AI," now available on-demand. Explore how AI can help you optimize your retail space, boost operational efficiency, and elevate the customer experience. Gain practical insights and see real-world examples in action. Watch anytime: https://lnkd.in/dudyEM8F #Retail #AI #SpaceOptimization
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As extreme weather events become more frequent, the impact on consumer shopping habits is clear. A recent RELEX survey reveals that 53% of consumers still prefer in-store shopping during these times, highlighting the need for supply chains to be more agile and responsive than ever. For retail and supply chain professionals, this raises an important question: how do you stay ahead of these challenges? What strategies have proven effective in ensuring that shelves are stocked and operations remain seamless during critical periods? Whether it's leveraging predictive analytics or strengthening supplier relationships, your insights can play a crucial role in helping others navigate the increasing demands of extreme weather. How are you preparing to respond to these challenges? Join the conversation in the comments below! #retail #supplychain #weather #inventory
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AI is everywhere but knowing what to focus on can be challenging. At RELEX, we’re committed to unlocking real value from AI for our customers by applying the right tools for the right jobs. Whether it’s the latest gen AI or new mathematical techniques, we’re helping our customers drive meaningful results in retail and supply chain operations. Want to learn more about how we’re leveraging AI for our customers? Check out our latest blog: https://lnkd.in/dYQu3Afy #AI #SupplyChain #Retail
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Anora Group Plc, a leading wine and spirits brand in the Nordic region, is integrating supply and demand planning across all their operations in Norway and Denmark with RELEX. By streamlining their S&OP processes, Anora is enhancing forecast accuracy, reducing manual work, and maintaining optimal inventory levels. This unified approach supports Anora’s commitment to customer service excellence, operational efficiency, and sustainable growth. https://lnkd.in/dkFjhtBV #SupplyChain #DemandPlanning #Sustainability
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Wayne Sadin, EVP and CIO of PriceSmart Inc., shares insights into how RELEX has helped them build an integrated supply chain to support their growth and customer service goals. PriceSmart, the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, is leveraging RELEX to enhance efficiency across 54 clubs in 12 countries. #SupplyChain #Retail #CustomerExperience #RELEXSolutions
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A few weeks ago, RELEX joined forces with leading software companies from the Helsinki region for an unique event that blended the worlds of tech and football! ⚽️ Hosted by the HJK Women's Team, this wasn't just any ordinary game—it was part of the Tech Meets Football initiative, which promotes equality in sports. We proudly supported this partnership, standing for equality and fair opportunities, while enjoying an afternoon filled with entertainment and networking with like-minded professionals. The half-time penalty competition added a fun twist, and with over 250 RELEXians, friends, and family cheering them on, the HJK Women's Team secured a well-deserved victory! 🥇 #BeRELEX #TechMeetsFootball #EqualityinSports #HJKNaiset
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Deshengtang Pharmaceutical, a leading provider of health solutions in China, has seen impressive results after implementing the RELEX AI-driven forecasting and replenishment solution. They’ve increased inventory turnover by 5%, reduced inventory costs by 2%, and maintained a product availability rate of over 98%. This optimization has allowed Deshengtang to focus more on customer service while ensuring high availability across their supply chain. Read more about how RELEX is helping Deshengtang achieve supply chain excellence: https://lnkd.in/dUFirNgW #SupplyChain #Pharmaceutical #AI #Innovation #RELEXSolutions
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Amanda Mosseri Oren, VP of Industry Strategy at RELEX, shares insights on fall grocery price hikes in the latest article by GOBankingRates. Learn about the impact of global supply chain disruptions on your favorite seasonal items. Read the full article: https://lnkd.in/dvTdDBr6 #Retail #Grocery #SupplyChain #RELEXSolutions
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Deshengtang Pharmaceutical, a leading provider of health solutions in China, has seen impressive results after implementing the RELEX AI-driven forecasting and replenishment solution. They’ve increased inventory turnover by 5%, reduced inventory costs by 2%, and maintained a product availability rate of over 98%. This optimization has allowed Deshengtang to focus more on customer service while ensuring high availability across their supply chain. Read more about how RELEX is helping Deshengtang achieve supply chain excellence: https://lnkd.in/dUFirNgW #SupplyChain #Pharmaceutical #AI #Innovation #RELEXSolutions
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