Articles from RELEX Solutions
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Vallarta Supermarkets, a leading regional grocer known for offering fresh, authentic food, has expanded their use of RELEX Solutions, a provider of unified supply chain and retail planning solutions, to include advanced pricing and promotion planning optimization. Last year, Vallarta selected RELEX to implement space and assortment planning across its 56 stores and over 30,000 SKUs. Building on this foundation, Vallarta’s expansion with RELEX will bring enhanced accuracy to their pricing strategies and boost sales and profitability.
By RELEX Solutions · Via Business Wire · February 10, 2025
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RELEX Solutions, a provider of unified supply chain and retail planning solutions, announced it closed 2024 with continued growth across key corporate performance metrics including subscription revenue, annual recurring revenue (ARR), and customer growth. In 2024, RELEX saw over 30% year-over-year (YoY) growth of both reported Subscription revenue and ARR with ARR growth accelerating towards the end of the year. The fourth quarter of 2024 represented the 70th consecutive quarter of ARR growth for RELEX.
By RELEX Solutions · Via Business Wire · January 30, 2025
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The viral product phenomenon is driving social media buzz, but some retailers may need to fundamentally rethink their execution strategies, according to new research from RELEX Solutions. While 84% of consumers purchase products they discover on social platforms, most take a measured approach to buying. Only 11% of consumers purchase trending products within 24 hours and 55% take up to a month, suggesting thoughtful consideration over impulse buying.
By RELEX Solutions · Via Business Wire · January 29, 2025
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RELEX Solutions, a provider of unified supply chain and retail planning solutions, today announced it has secured a €10 million green revolving credit facility that can be used to finance projects and activities with positive sustainability impact. The credit is being granted by Nordea Bank Abp. Founded on the principle of minimizing waste in the supply chain, RELEX remains committed to embedding sustainability into its core operations.
By RELEX Solutions · Via Business Wire · January 27, 2025
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SSA Group, a leading provider of ticketing, culinary, and retail merchandise services at cultural attractions across the U.S., has selected RELEX Solutions, a provider of unified supply chain and retail planning solutions, to optimize its forecasting and replenishment processes. Supported by implementation partner RetSci, the RELEX platform will serve SSA Group’s 64 locations nationwide, enhancing operational efficiency and improving customer experiences.
By RELEX Solutions · Via Business Wire · January 14, 2025
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RELEX Solutions, provider of unified supply chain and retail planning solutions, today announced it has been recognized as a Leader in the IDC MarketScape: Worldwide Retail AI-driven Assortment Planning Solutions 2025 Vendor Assessment report (1). The IDC MarketScape report is an assessment that evaluates companies relatively using a set of fixed criteria across solution capabilities and strategic objectives.
By RELEX Solutions · Via Business Wire · January 13, 2025
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BradyPLUS, a leading national distributor and solution provider focused on janitorial / sanitation, foodservice and industrial packaging products, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, for AI-driven forecasting and replenishment capabilities.
By RELEX Solutions · Via Business Wire · January 10, 2025
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RELEX Solutions, provider of unified supply chain and retail planning solutions, today announced it has been recognized as a Leader in the IDC MarketScape: Worldwide Retail Promotions Management 2024-2025 Vendor Assessment report (1). The IDC MarketScape report is an assessment that evaluates companies relatively using a set of fixed criteria across solution capabilities and strategic objectives.
By RELEX Solutions · Via Business Wire · December 11, 2024
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RELEX Solutions, a provider of unified supply chain and retail planning solutions, today announced that funds managed by Blackstone Growth (“Blackstone”), Blackstone’s growth equity investing business, and TCV, a leading investment firm focused on investing in global, category-defining, technology companies, have increased their investment in RELEX. The transaction represents an exit for original RELEX investor Summit Partners, which initially invested in the company in 2015. Blackstone and TCV first invested in RELEX in 2022 and 2019, respectively.
By RELEX Solutions · Via Business Wire · December 10, 2024
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RELEX Solutions, provider of unified supply chain and retail planning solutions, today announced it has been recognized as a Leader in The Forrester Wave™: Collaborative Supply Networks, Q4 2024 [1] report. The Forrester Wave™, released by independent research firm Forrester, evaluates 13 supply chain planning platform providers based on 29 criteria. RELEX received the highest possible scores in the innovation, vision, constraint-based planning, demand signal and forecast collaboration, intelligent order management, multitier visibility, and embedded AI and ML criteria.
By RELEX Solutions · Via Business Wire · October 30, 2024
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Understanding on-hand inventory and demand are critical to inventory accuracy, yet up to 60% of retailers’ inventory records are inaccurate, causing lost sales and customer frustration. That’s why new predictive inventory capabilities from RELEX Solutions combat these challenges, helping retailers boost store operations’ productivity in inventory management and improve inventory accuracy for replenishment. This will result in improved store efficiency, reduced stockouts, and enhanced customer satisfaction.
By RELEX Solutions · Via Business Wire · October 2, 2024
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Wesco, Inc., a family-owned and operated chain of convenience stores in Michigan, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to unify their space, operations and supply chain planning.
By RELEX Solutions · Via Business Wire · September 25, 2024
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SupplyHouse.com, a privately owned e-commerce business focusing on the US market, has driven significant improvements to their supply chain efficiency and accuracy through their use of RELEX Solutions, a provider of unified supply chain and retail planning solutions. Since August 2023, RELEX has provided AI-driven solutions for SupplyHouse.com’s four fulfillment centers (FCs) located in New Jersey, Ohio, Texas, and Nevada.
By RELEX Solutions · Via Business Wire · August 20, 2024
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Specialty Bolt & Screw (SBS), a leading distributor in the fastener industry, has driven significant improvements in operational efficiency and financial health with RELEX Solutions, provider of unified supply chain and retail planning solutions. Since May 2022, RELEX has provided advanced forecasting, distribution, production, and purchase planning solutions for SBS's global supply chain.
By RELEX Solutions · Via Business Wire · July 22, 2024
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New global regulations are adding pressure for companies to be able to track and report the CO2 emissions of purchased goods. To help combat this, RELEX Solutions, a provider of unified supply chain and retail planning solutions, has introduced new CO2 Analytics functionality that automatically tracks and reports the CO2 emissions of purchased products.
By RELEX Solutions · Via Business Wire · June 24, 2024
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RELEX Solutions, provider of unified supply chain and retail planning solutions, released their annual Sustainability Report, which outlines how the company’s advanced AI-driven retail and supply chain planning technology has helped customers prevent approximately 280 million kg of food waste globally in 2023.
By RELEX Solutions · Via Business Wire · June 3, 2024
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RELEX Solutions (“RELEX” or the “Company”), provider of unified supply chain and retail planning solutions, is pleased to announce that Pet Valu Holdings Ltd, (“Pet Valu”), Canada’s leading retailer of pet food and related supplies, has selected RELEX to optimize their pricing and promotions planning processes utilized across its over 780 retail locations and nation-wide digital channels.
By RELEX Solutions · Via Business Wire · April 9, 2024
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A new global study by RELEX Solutions, a leading provider of unified supply chain and retail planning solutions, reveals that while 57% of retailers and CPG companies plan to invest in predictive and generative AI in the next 3-5 years, AI and machine learning (ML) ranked just fifth in importance for overall technology spend behind enhancing e-commerce capabilities, improving inventory management, demand forecasting, and leveraging data analytics. This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.
By RELEX Solutions · Via Business Wire · April 8, 2024
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Vallarta Supermarkets, a regional U.S.-based grocer, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to support their growth and improve efficiency. Vallarta Supermarkets will use space and assortment planning capabilities from RELEX to better utilize space, increase product availability, and ultimately, to support their customer-first founding principle. RELEX partner Logic will provide guidance and implementation services for this deployment.
By RELEX Solutions · Via Business Wire · March 27, 2024
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TRU EARTH, a B Corp certified household cleaning products organization, has selected RELEX Solutions to enhance its operational and supply chain efficiencies. Tru Earth is a fast-growing, multi-national movement of millions of TruChangeMakers across 82 countries committed to preventing the creation of single-use and short-lived plastics through its innovative eco-strip® technology and earth-friendly suite of offerings for the laundry room, kitchen, and bathroom.
By RELEX Solutions · Via Business Wire · March 26, 2024
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Alimentation Couche-Tard (Couche-Tard), a global leader in convenience and mobility, and RELEX Solutions, a provider of unified supply chain and retail planning solutions, today announced an agreement that will implement the RELEX unified supply chain and retail planning solutions across Couche-Tard’s North America operations. Through the agreement, the RELEX AI-powered and machine-learning solutions, including demand forecasting, replenishment, and advanced space and floor planning, will support the retailer’s Circle K and Couche-Tard locations in the U.S. and Canada.
By RELEX Solutions · Via Business Wire · March 20, 2024
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RELEX Solutions, provider of unified supply chain and retail planning solutions, today announced new, advanced capabilities with Rebot, the new RELEX Gen AI tool. Originally launched as RELEX-GPT in June 2023, Rebot has undergone extensive testing and refinement over the several months. This evolution from RELEX-GPT to Rebot marks a significant advancement, offering users even more powerful and intuitive tools for optimizing their supply chain and retail operations. The tool is now available for all RELEX users.
By RELEX Solutions · Via Business Wire · March 13, 2024
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RELEX Solutions, provider of unified supply chain and retail planning solutions, and Accenture (NYSEACN) are working with Lowe’s Companies, Inc., NYSE: LOWNYSELOW)
By RELEX Solutions · Via Business Wire · March 7, 2024
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RELEX Solutions, a provider of unified supply chain and retail solutions, today introduced RELEX Mobile Pro, an advanced AI-driven in-store execution application for retailers, suppliers, wholesalers, and manufacturers. RELEX Mobile Pro is the ideal solution for retailers looking to consolidate their many in-store tools and processes. It empowers store colleagues with an easy and accurate store ordering and tasking offering, with a particular focus on managing the complexities of the fresh business. RELEX Mobile Pro not only improves store efficiency but also helps retailers maximize sales and profitability while minimizing waste and spoilage.
By RELEX Solutions · Via Business Wire · February 15, 2024
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BFG Supply Co., a leading distributor to the green industry, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to elevate their demand forecasting capabilities. This selection marks a significant enhancement of BFG Supply's demand forecasting process which will positively impact all of their distribution centers across the United States. Using RELEX is expected to yield more precise demand forecasts, leading to superior customer service and more effective inventory management.
By RELEX Solutions · Via Business Wire · February 13, 2024
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PriceSmart Inc., the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, announced an addition to its use of solutions provided by RELEX, a provider of unified supply chain and retail planning solutions.
By RELEX Solutions · Via Business Wire · January 11, 2024
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Today, RELEX Solutions, provider of unified supply chain and retail planning solutions, announced it has acquired Optimity, a supply chain planning and optimization provider. The acquisition will bolster the RELEX retail and supply chain platform with daily production planning, optimization and production scheduling capabilities which are crucial for the end-to-end consumer goods value chain.
By RELEX Solutions · Via Business Wire · January 3, 2024
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RELEX Solutions, provider of unified supply chain and retail planning solutions, today introduces new AI-driven price optimization capabilities. Designed to empower retailers in setting pricing rules, optimizing pricing strategies, and making informed pricing decisions, this solution aims to bolster sales, margins, and competitive advantage. The new pricing optimization capabilities are seamlessly unified with RELEX promotion planning capabilities, offering retailers a comprehensive and unified solution for transparent decision-making.
By RELEX Solutions · Via Business Wire · December 13, 2023
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AutoZone, Inc., the leading distributor of automotive replacement parts and accessories in the Americas, today announced the expansion of their partnership with RELEX Solutions, provider of unified supply chain and retail planning solutions.
By RELEX Solutions · Via Business Wire · December 6, 2023
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RELEX Solutions, provider of unified supply chain and retail planning solutions, announced that it has been recognized as a Leader in The Forrester Wave™: Retail Planning Platforms, Q4 20231 report.
By RELEX Solutions · Via Business Wire · November 28, 2023
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RELEX Solutions, provider of unified supply chain and retail planning solutions, has been selected by US Foods CHEF’STORE, the warehouse-format retailer for wholesale food and restaurant supplies, to unify their forecast and replenishment, space planning, and promotion planning and optimization solutions. RELEX Solutions will support CHEF’STORE’s more than 85 locations throughout the United States, allowing the chain to achieve greater supply chain efficiency and improved customer experience through the use of their AI-driven, machine learning technology.
By RELEX Solutions · Via Business Wire · October 10, 2023
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PriceSmart, Inc., the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, has chosen RELEX Solutions to enhance its supply chain and retail planning strategies. RELEX, provider of unified supply chain and retail planning solutions, will provide PriceSmart with advanced forecasting, replenishment, and promotion planning capabilities across its extensive network.
By RELEX Solutions · Via Business Wire · October 3, 2023
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OXXO, the largest convenience store chain in the Americas, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to increase the accuracy of their product demand forecasts. The solution will serve OXXO’s 22,000 stores in Mexico.
By RELEX Solutions · Via Business Wire · September 7, 2023
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Leading supply chain solution provider RELEX Solutions today announced a strategic partnership with leading global supply chain visibility platform provider FourKites. This partnership aims to equip retailers, consumer goods companies, wholesalers and distributors with a comprehensive view of their supply chains, ensuring potential disruptions can be addressed and resolved quickly.
By RELEX Solutions · Via Business Wire · September 5, 2023
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SupplyHouse.com, a leading e-commerce distributor focused on the plumbing, electrical, heating and HVAC industries, will partner with RELEX Solutions, provider of unified supply chain and retail planning solutions, to streamline demand forecasting and inventory replenishment tasks. The RELEX solution will support the company’s four distribution centers in Nevada, New Jersey, Texas, and Ohio, improving product availability and customer experience.
By RELEX Solutions · Via Business Wire · July 13, 2023
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RELEX Solutions, a leader in supply chain and retail optimization solutions, has developed a new AI tool, RELEX-GPT, leveraging the same AI models as ChatGPT, but in a secure enterprise setting, and with access to RELEX’s rich proprietary knowledge base. This initiative underscores RELEX Solutions’ commitment to harnessing innovation for efficiency.
By RELEX Solutions · Via Business Wire · June 29, 2023
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United Natural Foods, Inc. (NYSEUNFI) (the “Company” or “UNFI”), today announced a new partnership with RELEX Solutions, a provider of unified supply chain and retail optimization solutions, to implement its industry-leading cloud-based procurement solution. When delivered, the system will consolidate and replace multiple UNFI buying systems and drive efficiencies in demand planning and replenishment. The partnership with RELEX aligns with the transformation of UNFI’s supply chain capabilities and is intended to deliver an enhanced customer experience, while enabling customer growth by integrating advanced data-driven solutions and improving efficiency in operations.
By RELEX Solutions · Via Business Wire · June 21, 2023
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Casey’s General Stores, Inc. (Nasdaq: CASY), a leading convenience store chain in the United States, will partner with RELEX Solutions to implement a unified space planning and supply chain solution. RELEX will service Casey’s 2,400+ stores and support the company’s growth plans.
By RELEX Solutions · Via Business Wire · May 12, 2023
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A new report by RELEX Solutions, provider of unified supply chain and retail planning solutions, has found that in the last year, the company’s AI-driven solutions helped RELEX food retail customers worldwide save a combined estimated over 24 million pounds of food waste – the equivalent of more than 35,000 tons of CO2 – across the supply chain thanks to more accurate forecasting and inventory optimization.
By RELEX Solutions · Via Business Wire · April 25, 2023
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Pet Supermarket, a specialty pet supply retailer with locations across the U.S. Southeast, will partner with RELEX Solutions, provider of unified supply chain and retail planning solutions, to optimize its demand forecasts and replenishment orders.
By RELEX Solutions · Via Business Wire · January 13, 2023
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C&S Wholesale Grocers, Inc., (C&S) an industry leader in supply chain solutions and wholesale grocery supply in the United States has selected RELEX Solutions, a provider of unified supply chain and planning solutions to further strengthen their planning processes. RELEX will help streamline C&S’s technical landscape for demand forecasting and automatic replenishment, which will not only enhance the customer experience but also drive C&S’s long-term growth plans with a scalable technology solution.
By RELEX Solutions · Via Business Wire · October 24, 2022
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FreshDirect, the online grocery shopping pioneer and one of the leading grocery delivery services in the U.S., will partner with RELEX Solutions, provider of unified supply chain and retail planning solutions, to optimize their forecasting and replenishment processes. The RELEX solution will service FreshDirect’s distribution centers, providing flexibility and configurability to meet the unique supply chain needs required to deliver the freshest products possible.
By RELEX Solutions · Via Business Wire · October 11, 2022
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Kwik Trip, a leading convenience store chain in the US, will partner with RELEX Solutions, provider of unified retail planning solutions, to implement automated planograms, floor planning, and supply chain optimization solutions. RELEX will service Kwik Trip’s convenience stores throughout the Midwest United States, driving improved sales, inventory management, and operational efficiency with a solution that seamlessly combines central planning and store operations.
By RELEX Solutions · Via Business Wire · September 26, 2022
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Lidl, an international grocery retailer based in Germany, has been working with RELEX’s solution for forecasting and replenishment in several countries to boost transparency and flexibility throughout their supply chain. This partnership allows Lidl to meet their goals of higher availability, lower inventory levels, and reduced out-of-stocks.
By RELEX Solutions · Via Business Wire · September 15, 2022
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RELEX Solutions, provider of unified supply chain and retail planning solutions, and DoorDash today announced a partnership to implement RELEX’s AI-driven supply chain planning solution to service DoorDash’s DashMart locations.
By RELEX Solutions · Via Business Wire · August 29, 2022
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RELEX Solutions, provider of AI-driven supply chain and retail planning solutions, announced today that they have retroactively achieved carbon neutrality for 2021 and begun compensating annually for their emissions. RELEX partnered with offsetting provider Compensate to calculate and offset their carbon footprint. In practice, this means the company successfully removed or avoided 2,544 tonnes of CO2 emissions.
By RELEX Solutions · Via Business Wire · June 9, 2022
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RELEX Solutions announced today it has acquired Formulate, a Swedish promotion planning and analytics company, building upon its position as a trusted provider of unified retail planning solutions. The acquisition is a major step in RELEX’s commitment to offering a best-in-class unified platform with a robust promotion planning solution for retailers and consumer packaged goods (CPG) companies across the globe.
By RELEX Solutions · Via Business Wire · May 12, 2022
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West Marine, a leading American retailer specializing in boating and fishing supplies, will partner with RELEX Solutions, provider of unified retail planning solutions, to optimize omnichannel forecasting, replenishment, and allocation, as well as promotion forecasting and goods flow smoothing. The RELEX solution will service West Marine’s 236 stores throughout North America as well as their two distribution centers and e-commerce channel.
By RELEX Solutions · Via Business Wire · March 29, 2022
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Medly Pharmacy, a full-service digital pharmacy that provides free same-day delivery for prescriptions and specialty health and wellness products, will partner with RELEX Solutions, provider of unified retail planning solutions, to integrate and optimize their supply chain. The RELEX solution will service Medly’s retail stores and eCommerce business across the United States, driving forecast accuracy and replenishment efficiency.
By RELEX Solutions · Via Business Wire · January 20, 2022
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Sheetz, a major restaurant and convenience chain across the Mid–Atlantic, will partner with RELEX Solutions, provider of unified retail planning solutions. The partnership will help position Sheetz for store growth, supply chain growth, and dynamic product marketing opportunities and enable the company to unify aspects of their demand planning processes to ensure an efficient flow of products from suppliers to stores.
By RELEX Solutions · Via Business Wire · January 18, 2022
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Rite Aid, a leading retail pharmacy chain, and RELEX Solutions, provider of unified retail optimization solutions, today announced an expansion of their partnership to include unified supply chain and category management. After launching RELEX’s end-to-end forecasting and replenishment solution in early 2021, Rite Aid will expand their use of RELEX to include space and floor planning, as well as space-aware replenishment for more than 2,400 stores across the country.
By RELEX Solutions · Via Business Wire · January 6, 2022
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Event Network, the leading operator of experiential retail in North America, today announced the expansion of their supply chain partnership with RELEX Solutions, provider of unified retail planning solutions. RELEX will implement its latest machine learning framework to drive improvements to demand forecasting, replenishment, allocations, and promotions management for Event Network’s distribution center and 110+ stores.
By RELEX Solutions · Via Business Wire · November 17, 2021
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Global beauty retail group Sephora announced today that they will partner with RELEX Solutions, provider of unified retail planning solutions, to improve their demand forecasting and automated replenishment. A world leader in luxury goods, Sephora operates more than 2,500 stores in 35 countries as well as 36 e-commerce websites.
By RELEX Solutions · Via Business Wire · October 21, 2021
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Leading American discount retailer Dollar Tree, Inc. (NASDAQDLTR) will partner with RELEX Solutions to improve demand forecasting and replenishment processes across both their Dollar Tree and Family Dollar banners. Dollar Tree, Inc. will implement the RELEX solution across all of its 15,800 stores and 26 distribution centers in North America to improve collaboration between stores and central planning teams.
By RELEX Solutions · Via Business Wire · October 19, 2021
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Family Farm & Home, a Michigan-based retailer specializing in farm and rural lifestyle products, will expand their partnership with RELEX Solutions, provider of unified retail planning solutions, to add macrospace and microspace management, including floor planning, planogram optimization, and space-aware replenishment. This service will be integrated into the existing RELEX supply chain solution that was implemented in 2020 across Family Farm & Home’s distribution centers, online channels, and 66 stores throughout the midwestern United States.
By RELEX Solutions · Via Business Wire · July 7, 2021