Managing inventory levels that meet demand efficiently requires an honest assessment of existing roadblocks, clearly defined goals, and a carefully considered roadmap.
In this blog, our expert discusses three typical promotion challenges and provides some tips to help you avoid promotion pitfalls and avoid risking already tight margins.
We spoke with Product Lead and resident RELEX F&R guru Stuart Douglas about how capacity challenges negatively impact retail companies — and how they can overcome them with the right planning solution.
This blog discusses how having a promotional planning solution can help retailers maximize profit, effectively evaluate promotion campaigns, and reduce errors in the promotion planning process.
Discover how channel forecasts improve wholesale forecasting accuracy to make for happier customers and better profit margins.
In this article, we will focus on assortment rationalization: what it is about, its benefits, and why every retailer should have a solid process for it.
Retailers that deal with fresh products can leverage benefits from unifying their central supply chain planning and in-field store operations to improve management of their fresh inventory.
There are few challenges in retail tougher than managing grocery retail supply chains; optimizing a broad inventory that includes fresh and short shelf-life products is not easy.
In an increasingly competitive market, companies must take a proactive approach to managing long lead times — one that preserves customer loyalty, reduces costs, and ensures availability at a time when certainty is hard to come by.
As global markets face unprecedented challenges, ranging from inflationary pressures to logistical bottlenecks, the need for greater supply chain control has become vital across industries.
Missed our exclusive event on the future of consumer goods supply chain planning? No worries, we can catch you up on some of the key insights from the presentation.
All is not lost for grocery retailers struggling to balance the sometimes-competing priorities of fresher foods, happier customers, and healthier bottom lines.
A store is a hive of activity where every employee's role is crucial. This makes efficient scheduling essential to the store’s success — a task easier said than done for retailers employing vast amounts of workers.
Retailers are increasingly turning to innovative workload management solutions that go beyond traditional sales-driven labor planning to ensure seamless operations.
The unique characteristics of managing fresh grocery retail have made it a hidden treasure amid a sea of AI and machine learning technologies.
During my almost seven years working with space planning, I’ve faced almost every question there is to ask around the topic. One, however, seems to come up constantly “Can we use forecast data when making the planograms?”
In 2023, RELEX’s solutions drove tangible impact by increasing visibility for better decisions.
In the following Q&A, Jeff Bulger shares his insights and experiences on the power of pricing and how choosing the right pricing solution can help retailers stay ahead of the competition.
Modern planning tools build on what made MRP integral to manufacturing in the first place but provide more robust solutions to the current supply chain problems plaguing manufacturers.
In today's retail landscape, pricing and promotions are universally acknowledged as key merchandising levers and critical components of a successful business strategy. However, many retailers grapple with managing these areas separately, leading to inefficiencies and missed opportunities.
Sometimes, it seems the only thing preventing retailers from pushing their winter holiday products out on the first day of October is that their display areas are still reserved for Halloween products. It makes sense to keep seasonal products out for as long as possible to maximize the enormous impact their sales can have on margin.
Demand needs versus supply realities. Production constraints versus customer obligations. Long-term planning versus short-term flexibility.
When a retailer’s pricing strategy is properly supported and optimized, it can help a retailer increase sales, improve margins, and gain a competitive advantage.
A holistic approach to sustainability throughout the supply chain allows businesses to create long-term value, waste less, and save more.