RELEX Solutions Equips Retailers with Unified Retail and Supply Chain Strategies at NRF APAC 2024

Equipping retailers with effective pricing and promotions strategies, interactive demos, in-booth customer presentations, and a Big Ideas panel with C-level leaders from FairPrice and Accenture.

At the inaugural National Retail Federation (NRF) 2024: Retail’s Big Show Asia Pacific, RELEX Solutions will showcase a unified solution for the region’s retailers, covering the value chain end-to-end. RELEX will cover all bases and offer retailers strategic advice and easy-to-use software to ensure they stay competitive in an era of economic volatility. The in-booth demos and tangible customer case studies help visitors gain practical knowledge, while the Big Ideas panel with C-level leaders from FairPrice and Accenture offers fresh insights from industry leaders.

New RELEX Study Reveals AI's Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

First annual State of Supply Chain report uncovers valuable insights into the challenges, strategic investment areas and opportunities for retailers and CPGs over the next 3-5 years 

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. 

The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report offers valuable insights into the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years. Overall, respondents rated rapidly shifting consumer demand volatility (55%), global events & disruptions (50%), and inaccurate sense of customer-specific demand (43%) as the biggest threats to improving supply chain efficiency and accuracy over the next three years. A whopping 94% of respondents also said they have been impacted by social media influencing or "de-influencing" over the last 12-24 months – another sign that anticipating and sensing demand surges across all channels will be especially critical to success.

RELEX Mobile Pro Simplifies Stock and Fresh Item Replenishment Process

New advanced AI-driven in-store mobile app empowers store personnel, improves store efficiency, and maximizes sales and profitability 

RELEX Solutions, a provider of unified supply chain and retail solutions, recently 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. 

Company sees 42% subscription revenue growth in 2023 and the end of the year realizing the 66th quarter of consecutive ARR growth

RELEX Solutions announced closing 2023 with remarkable growth across annual recurring revenue (ARR), customer net promoter score (NPS) satisfaction, and new customer signings. Overall, RELEX saw 42% year-over-year growth of reported subscription revenue in 2023, and in Q4 2023 realized its 66th quarter of consecutive ARR growth. This growth is attributed to new and expanded customer signings across the globe, as a variety of retailers and consumer goods companies recognize the deep value inherent in the company’s supply chain and retail planning solutions. RELEX delivers quick time to value, and has a flawless track record of successful implementations in the company’s decade-plus history. 

RELEX Solutions Acquires Optimity for Unified Upstream Supply Chain Planning and Optimization Capabilities

Acquisition enhances the company’s manufacturing planning and optimization capabilities to give consumer goods companies synchronized demand, supply, production, and distribution planning, in one platform

RELEX Solutions, provider of unified supply chain and retail planning solutions, has announced that 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.

Store-specific planogram: AI-driven trend that changes retail space planning

In the retail industry, customer expectations are straightforward: they want to easily find the products they need and enjoy a hassle-free shopping experience. If a store falls short in these aspects, it risks losing its place as a preferred shopping destination for customers. That is precisely why the foundation of a great customer experience lies in effective space planning.

Commonly referred to as a planogram, space planning involves optimizing a store's layout and product placement to enhance customer experiences and increase sales. Effective strategies include positioning high-demand and seasonal items near the entrance, ensuring accessibility and visibility in key areas, and adapting layouts based on sales data and customer feedback.

Ber Months' Boom: How AI Optimizes Retail Strategies

In Filipino culture, the anticipation and excitement for the holiday season start early. The 'Ber months"—September to December—are traditionally associated with the festive spirit of the holidays. Monthly sales surge during this time, peaking on repeating dates like 9.9, 10.10, 11.11, and 12.12. These specific dates, like 9.9 (September 9th), have emerged as major online shopping events, much like Black Friday in Western countries. Brands often roll out early holiday campaigns, discounts, and special product releases to capitalize on this festive spirit. 

RELEX Solutions enhances workforce productivity with RELEX-GPT

Underscoring their commitment to innovation for efficiency, RELEX Solutions rolls out RELEX-GPT to customers 

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.