Retail forward: Turning “adapting to cope” into “adapting to win”
2020 required retailers to prioritize demand over profitability. To successfully move forward, retailers need to find a way back to efficiency and turn “coping” into “winning."
Specialty liquor retail: Managing the beers, wines, and spirits (BWS) category
The BWS category poses several challenges for retailers, including promotional planning, capacity management, and omnichannel replenishment, leading to poor results if not planned for carefully.
Living RELEX values: The customer Is a friend
At RELEX, we strive to establish strong and personal relationships with each of our customers as we help them achieve success into the future.
Unified retail planning – Breaking out of retail’s functional silos
The biggest opportunity for increased operational efficiency in retail lies in building a unified planning process spanning retail’s core functions.
Grocery trends from the COVID era
The COVID era has seen interesting innovations from companies responding to a rapidly changing business environment. Here are four interesting trends for grocery retailers to follow in the coming years.
Customer voice: Weathering the pandemic and reducing food waste
In this Customer voice blog, Antti Kurhela, Supply Chain Manager at Wihuri, talks about how this foodservice operator was able to rapidly adjust to changing conditions while still reducing food waste in 2020.
How retail winners are optimizing their cost to serve
What were the most significant differences between those retailers who managed to “just survive” 2020 and those who adapted quickly enough to regain solid footing and even capitalize on new opportunities?
Why reliable forecast automation is key to omnichannel grocery success
Grocery retailers who are implementing an omnichannel strategy should use a transparent supply chain management solution that provides trustworthy, automated forecasts.
After a year that changed everything, what can retailers expect from 2021?
History has shown that with a little patience, retailers that take thoughtful risks can see positive results over the long term.
NRF 2021 chapter one recap – after a turbulent year, what’s next for retail?
NRF Chapter 1 offered lessons learned from 2020 as well as a look to the next 12 months ahead. Here are our highlights from the event!
Why do so many people working in retail find AI scary?
Incorporating AI into demand forecasting and inventory optimization can improve product availability, reduce waste, smooth the flow of goods and improve operational efficiency in distribution and in stores.
5 retail trends we predict for 2021
Omnichannel efficiency, adaptable supply chains, AI... We predict the retail trends for 2021.
What will it take to get shoppers back into stores in 2021?
Traditional and multichannel retailers can prepare for the next shift in customer behavior by taking advantage of the post-holiday period to begin reestablishing the in-person shopping patterns lost in 2020.
2020: RELEX’s year in review
2020 is coming to an end, and our CEO Mikko takes a look back at the year's achievements, from new customers to first-ever Global Retail Summit.
The need for speed and adaptability calls for a retail nervous system
Rapid change has put retail adaptability to the test, from the shift to omnichannel to a technological arms race to external shocks like extreme weather events and the COVID-19 pandemic.
Grocers are primed to compete with Amazon’s free grocery delivery
Amazon is making inroads into the grocery space, and its significant investments and assets give the impression of being unbeatable. However, grocers have many advantages that they can leverage to successfully compete.
RELEX Live: Global retail summit – event recap and on-demand recordings
Retailers, analysts, and press from all over the world joined us as retail experts from RELEX and our customers led engaging sessions on the trends and best practices that are keeping retailers competitive.
Introducing RELEX Live: Global retail summit
We’ve pulled together some of our favorite resources on the topics that presenters will engage with throughout the RELEX Live sessions on September 23.
Hurricane management: Best practices for DIY retailers after unpredictable events
It is nearly impossible to fully automate processes for exceptional demand periods like those caused by hurricanes. Instead, planners must take a hands-on, localized approach to hurricane management.
The art and science of markdowns: Collaborative merchandising and inventory planning
Retailers can bridge the gaps between their supply chain and merchandising teams using shared forecasts to improve markdown performance.
Data-driven workforce optimization is fueled with accurate forecasts
Workforce optimization helps ensure that every shift is filled with not only an adequate number of people to avoid over- or under-staffing but also the right people.
The “new normal” requires sharper attention to supply chain analytics
Pharmacy retailers can take advantage of a unified tech solution to ensure they can meet the rapidly changing demand during the coronavirus crisis.
Study examines how grocery supply chains survived the first wave of COVID-19
A study finds two goals for companies to survive COVID-19: maintaining high availability, and preventing a bullwhip effect where an initial demand spike triggers too much ordering and production.
Introducing RELEX Labs
Welcome to RELEX Labs, our research engine at the core of our company working closely with our customers to develop the future of retail optimization.