RELEX takes Nordic market leadership in retail and supply chain planning
RELEX Solutions signed its largest contract with Finlands leading retailer S Group, taking the market leader position in retail and supply chain planning in the Nordics.
RELEX Solutions has signed its largest contract with Finlands leading retailer S Group, taking the market leader position in retail and supply chain planning in the Nordics. The cooperation is part of S Groups major IT overhaul, the purpose of which is to update the entirety of its retail information systems by 2020.
S Group, which has been using RELEX systems in parts of its operations since 2012, showed its confidence in the relationship by selecting the company to supply an integrated replenishment solution to its stores and DCs. Weve worked with RELEX for more than six years now, says Sanna Timola, SVP, Supply Chain Management and Store Operations at S Group. We know the team, their committed attitude and agile approach.
Early results in a live run proof-of-concept for fresh products have been impressive. RELEX helped to cut wastage and date-driven markdowns by a quarter or more in best cases. RELEXs retail supply chain expertise and good results from a live run proof-of-concept for fresh products substantiated the business case. Were confident with our choice and know that RELEX will continue to do for us what they do so well use their experience and adapt their technology to the needs of their customers, Timola adds.
RELEX also recently announced that one of Denmark's largest retailer, Coop Denmark, expects to save tens of millions through better supply chain management using RELEX's solutions.
Coop Denmark already uses RELEXs space planning tool and was seeking to upgrade its technology to cut inventory levels in its DCs and increase shelf availability. The upgrade means Coop will be using RELEXs solutions in their entire planning operation, optimizing their supply chain from their DCs all the way to store shelves.
By transforming our retail and supply chain planning with RELEX, well be able to get produce to customers quicker, fresher and even more reliably. Plus, the savings we make will help us deliver even better value. says Claus Byskov, Logistic Director at Coop.
