RELEX Solutions

Unlimited options, limited space. The headache of every retailer when trying to optimize their retail space to cater to different customer needs. What drives space planning in retail in 2024 and beyond? Join us and find out!    In our October episode of #RELEXTalks, we turn to the latest in space planning in retail. Join us on Wednesday, October 9, at 9 am ET / 2 pm GMT to expand your understanding of the trends shaping space in the physical store. Steven Boon, Vice President of Field Presales, Space and Assortment, at RELEX, and Amy Higgins, Associate Director at Accenture, sit down with RELEX Talks host Casey McSherry to discuss the role of personalization in designing the physical store. #RetailSpace #SupplyChain #SpacePlanning 

🚈 Is your retail business on the right track? Join RELEX Next, our virtual event, on November 14 to make sure you’re going in the right direction. Whether it’s unifying store operations, having a solid pricing and promotions plan and execution, or space optimization that you’re wondering about, this event covers it all – with content tracks specifically designed for different types of companies. Here’s what’s in store for retailers on November 14: 🔢 Session 1: Unifying store operations with RELEX 🔢 Session 2: Achieve your retail targets through unified merchandise financial planning 🔢 Session 3: Unified pricing and promotions: streamline commerce success with AI-driven optimization 🔢 Session 4: RELEX Space Planning for Category Management: Transform your approach and uncover opportunities across the entire value chain Sign up for the November 14 event, live at 9 AM ET / 2 PM BST / 3 PM CET / 4 PM EET: https://lnkd.in/dRdhqi-6 #SupplyChain #RetailEvent #Retail 

Our "Behind the Scenes: Women Who Lead" series continues with another inspiring video! This week, our leaders discuss the importance of being "yourself" and how RELEX supports this essential value in our company culture. 🎥✨ At RELEX, we believe that authenticity is key to personal and professional growth. Our leaders share how being true to oneself fosters creativity, innovation, and genuine connections within the team. It's about embracing individuality and celebrating the unique contributions each person brings to the table. Tune in to hear these powerful stories and insights!  #WomenWhoLead #BeYourself #Inspiration 

Rituals, the Dutch wellbeing beauty brand, has selected RELEX Solutions to deliver comprehensive, end-to-end supply chain optimization capabilities. 🫧 Rituals will leverage the use of RELEX across their stores, e-commerce site, product distribution and production operations. This will include sales & operations planning, forecasting, replenishment solutions and production planning tools to enhance demand forecasting accuracy, optimize availability and inventory levels as well as to streamline production processes. “We are thrilled to begin working with Rituals as our shared business attitude and culture makes this collaboration a great match,” said Bas van Lith, Sales Director Benelux, RELEX Solutions.    Read the full press release here: https://lnkd.in/ePi2tffZ #supplychain #retail #beauty

Ningbo Juku Business Trading Company (known as Laopodaren), a specialty snack retailer in China, has selected RELEX Solutions to enhance its forecasting and replenishment capabilities, improve store standardization processes, better support franchises, increase sales, and meet the personalized needs of local consumers. With the RELEX forecasting and replenishment capabilities, Laopodaren moves to a consumer-centric assortment strategy. This shift will drive better customer service by ensuring that each store consistently meets customer expectations. Franchises will benefit from more accurate demand forecasts and optimized inventory levels, reducing stockouts and excess inventory and ultimately improving sales and customer satisfaction. Read the full press release here: https://lnkd.in/e4wSAbdg #supplychain #foodandbeverage #retail 

Unlimited options, limited space. The headache of every retailer when trying to optimize their retail space to cater to different customer needs. What drives space planning in retail in 2024 and beyond? Join us and find out! In our October episode of #RELEXTalks, we turn to the latest in space planning in retail. Expand your understanding of the trends shaping space in the physical store. Steven Boon, Vice President of Field Presales, Space and Assortment, at RELEX, and Amy Higgins, Associate Director at Accenture, sit down with RELEX Talks host Casey McSherry to discuss the role of personalization in designing the physical store. #RetailSpace #SupplyChain #SpacePlanning

DFS Group, the prominent luxury travel retailer, has chosen RELEX to furnish their global supply chain operations with forecasting and replenishment capabilities. This collaboration marks a key milestone in DFS's digital transformation program aimed at streamlining operations. Established in 1960, DFS Group operates duty-free and downtown Galleria stores worldwide, with its network consisting of 10 distribution centers and over 40 stores across four continents. The luxury retailer is currently undergoing an ambitious digital transformation program, which includes modernising and optimizing their end-to-end value chain and planning operations leveraging AI and machine learning capabilities from RELEX. Read the full press release here: https://lnkd.in/d5aud-as #supplychain #digitaltransformation #travel

“Forecasting and replenishment efficiencies are among the biggest challenges that discount and general merchandise retailers face today.” Omar Louzir, Lead Business Principal at RELEX, sheds light on how these companies can solve said challenges. They need the best AI-enabled features available, because automated end-to-end planning and replenishment ensures supply chain efficiencies and product availability across all categories and sales channels. No matter how complex your supply chain is, RELEX gives you visibility into your entire assortment. Reach out to learn how we can help you build a better supply chain – we would love to talk. #ai #supplychain #forecasting

💎RELEX Recognized as a Leader in Coresight Demand Forecasting Innovator Matrix 💎 Coresight Research has recognized us as a ‘future leader’ in its annual Demand Forecasting Innovator Matrix report. Coresight defines a ‘future leader’ as: Companies that are highly innovative in technologies and retail strategies used and have a competitive edge through high market prowess. RELEX is positioned furthest on the leadership axis in this Matrix report, signifying innovation, momentum, and growth in the market. “We are happy to be recognized by Coresight for our demand forecasting technology that truly puts RELEX ‘on the map’ for retailers and consumer goods companies around the world,” said Mikko Kärkkäinen, Co-founder and group CEO, RELEX Solutions. “This recognition underscores the innovation behind our platform, and the measurable value we are delivering to our customers every single day.”    Find the full press release here: https://lnkd.in/dj9WSbz8

New data: promotions drove $1 trillion in sales in 2023 The new pricing and promotions report from RELEX Solutions and Incisiv provides an in-depth look into the current state of pricing and promotions in the retail sector across the U.S., U.K., France and Germany. Some of the key findings in the report, based on a survey of 179 retail executives, include: 🔑 Promotions drove $1 trillion in sales in 2023 🔑 Only 12% of retailers are using are using advanced analytics  🔑 #1 challenge impeding maturity is data quality and integration    🔑 37% of retailers use spreadsheets to manage promotions RELEX will share these insights at Groceryshop 2024 (October 7-9, Las Vegas, Booth A610) and at the 7th Annual RELEX Grocery Forum (October 8-10, Barcelona), providing opportunities to discuss the findings and explore AI-driven solutions.  Download the report at https://lnkd.in/d4cEfTzC #pricing #promotions #supplychain