The integration with RELEX’s AI-based supply chain and retail planning platform will enable joint clients to optimize end-to-end retail operations and inventory planning
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced a strategic partnership with RELEX Solutions, a provider of unified supply chain and retail planning solutions.
This partnership combines Wipro’s deep expertise in the retail and Consumer Packaged Goods (CPG) sectors with RELEX’s AI-based supply chain and retail planning platform. The platform enables retailers, wholesalers, and consumer goods companies to maximize sales, minimize costs, and reduce waste by optimizing demand, merchandise, supply chain, and operations planning across their value chain.
“Demand forecasting is crucial to retailers’ success,” said Srini Rajamani, Senior Vice President & Sector Head – Consumer and Life Sciences, Wipro Limited. “Yet, in today’s omnichannel retail environment, effective inventory planning is harder than ever before. Our clients are increasingly looking to us to help them leverage advanced technologies to better forecast and manage their supply chains. Through this partnership with RELEX, we will be able to deploy advanced analytics and artificial intelligence to help our joint retail and CPG clients stay ahead of market shifts and optimize their operations.”
RELEX’s unified AI-based platform allows for comprehensive and fully integrated supply chain management for all distribution channels. The platform optimizes internal processes and enhances collaboration with suppliers in key areas such as demand, availability, and resource planning. Additionally, the platform supports merchandising, inventory management, and operations planning, ensuring seamless data integration and real-time analytics to drive efficiency and profitability throughout the entire supply chain.
“Our partnership with Wipro will effectively support many retailers and consumer goods companies looking to centralize their retail and supply chain operations and be best positioned to anticipate, and accurately predict and manage demand. Already, we’ve seen success of our partnership with a major U.S. grocery wholesaler who has successfully deployed a unified forecasting, replenishment, and space planning deployment, and has started to show measurable value, said Mikko Kärkkäinen, Co-founder and group CEO, RELEX Solutions. “We look forward to driving real results for our joint clients with Wipro.”