The strategic partnership will enhance data-driven decision making and operational efficiency in the Nordic food and beverage sector.
RELEX Solutions, a provider of unified supply chain and retail planning solutions, has partnered with Elvenite AB, a Swedish consultancy firm known for their expertise in digitization, specializing in the food industry. Together, they aim to support food and beverage (F&B) customers in the Nordic region to become more data-driven and optimize their supply chain processes, through the RELEX AI-driven retail and supply chain platform and Elvenite’s deep industry consulting expertise.
Since their establishment in 2007, Elvenite has focused on creating growth and business value for Scandanavia’s leading food companies, with the aim to make the industry work smarter. As part of the publicly-listed CombinedX, a consortium of knowledge-driven companies, Elvenite has a strong track record and extensive experience working on data-driven projects for large enterprises. They had also previously partnered with Optimity, the Swedish supply chain planning and optimization partner that RELEX recently acquired.
The scope of the collaboration will include RELEX solutions for end-to-end supply chain planning and optimization for retail, wholesale, CPG and manufacturing customers. Together, they will offer comprehensive solutions that provide customers with a unique combination of strategic insight and technological capability. This will enhance demand forecasting, inventory management, and operational efficiency, ultimately helping food industry businesses to better meet consumer demands and reduce waste.
“The partnership with RELEX is a natural step for us at Elvenite, allowing us to continue delivering business value to our customers and making the industry smarter. Our combined expertise will provide businesses in the food industry with the tools and knowledge they need to optimize supply chains, improve sustainability, and drive growth,” said Mathias Dyberg, CEO, Elvenite AB.
“Elvenite’s extensive experience in the F&B industry made them the obvious choice and underscores our shared vision of empowering businesses to plan smarter, operate more efficiently and achieve sustainable growth. This will ensure that our customers receive unparalleled support, tailored to their unique needs,” said Mikko Kärkkäinen, Group CEO and Co-founder, RELEX Solutions.