Learn how grocery retailers can move beyond transactional systems to optimize their operations, focusing on key areas like forecasting and assortment to boost efficiency and profitability.
Organizations often make the same mistakes when choosing and implementing digital twins in their supply chain technology. Here's how to avoid these pitfalls.
Join us as we explore how advanced technology, including AI, is transforming retail operations and helping businesses stay ahead in a rapidly evolving market.
The blog discusses on how forecasts built using demand sensing can result in fewer lost sales, reduced waste, and increased cost savings.
Market basket analysis can do the detective work of identifying customer preferences. All without invading customers’ privacy.
Many people have some idea of what AI can do for supply chain and retail planning. It can forecast demand, optimize inventory, improve replenishment – the list goes on.
In successful store execution scenarios, all aspects of the store's operations align with the retailer's strategic goals, including inventory management, customer service, and in-store experience.
An optimized production plan keeps the many (literally) moving parts of the manufacturing process operating smoothly – but building this plan is a balancing act.
Master fresh produce management in grocery retail, leveraging machine learning and collaboration for better freshness, availability, and profitability.
Retailer and supplier collaboration is critical for an optimized supply chain. Find out how suppliers can overcome collaborative challenges.
Accurate forecasting data is paramount to a retailer’s success — at least if it’s being used meaningfully. Think of the…
As systems like ChatGPT rattle established tech stacks and business processes, some are hailing “generative AI” as the magic pill that will cure all work-related ills. Others see it as a precedent to an insidious puppet master that will render humanity redundant.
This blog explores how forecasts built using demand sensing can result in fewer lost sales, reduced waste, and increased cost savings.
A digital transformation is occurring within the tried-and-true assortment planning framework of yesteryear — a sea change driven by the increased adoption of advanced tools and artificial intelligence. Retailers need these capabilities packaged within a robust planning platform like RELEX to manage the far-flung effects of product assortment decisions and optimize the entire retail value chain.
Macro space planning involves strategically allocating space within a retail store to various departments, categories, and products. This approach emphasizes the store's broader layout, aiming to create an optimal shopping environment that encourages customer flow and maximizes sales.
Category space plays a defining role in shaping a retailer’s brand identity and setting their store apart from their rivals.
Competition in fresh products is intensifying, with more grocers and convenience retailers using the category to differentiate and draw customers.
There are two common misapprehensions about AI. The first is that AI is its own initiative, a separate investment that is superimposed onto all the other supply chain functions. The second is that all AI is created equal, and any engine will do.
Planograms have long been a go-to method for retailers to plan and execute their space strategies. They continue to be an essential aspect of space planning, but several pitfalls threaten retailers’ ability to build their shelves effectively and efficiently.
At RELEX, we are committed to reducing our own carbon footprint while supporting our customers with their sustainability efforts.
Assortment planning is a game-changer for retailers when it comes to boosting sales and revenue. Retailers use assortment planning to ensure they stock up on the products that people really need and want, especially the hot items that fly off the shelves.
Inventory reduction is one of the most misunderstood and mismanaged strategies in inventory management. When executed correctly, though, running leaner can significantly cut costs while reducing stockouts and spoilage of fresh products.
As the wholesale industry evolves, automation technology has become a necessity to maintain and expand a wholesaler’s market presence, ensuring they remain competitive.
Phantom inventory haunts retailers. The inability to trust when an inventory system claims products are on shelves or in stock is enough to frighten any profit-minded retailer. Scarier still: phantom inventory is so hard to detect that retailers may never be able to identify how much money the issue costs them in the long run.