RELEX Solutions provides supply chain management (SCM) tools including modules for supply chain analytics, allocation, replenishment, inventory planning, and demand forecasting. These applications are ideal for large and midsize wholesalers and retailers. They allow you to evaluate historical sales information across your channels in several retail locations. The platform uses this data to predict demands to an intraday level and automates replenishment and allocation orders.
RELEX’s SCM application accounts for lost sales, promotions, and seasonality, including cannibalization and halo effects. It enables retailers to monitor which items are selling at what locations. The software’s business rules engine allows you to produce an auto-order procedure by arranging causal demand predicting routines by recognizing external events like weather, trends, promotions, or seasonal changes.
RELEX’s inventory planning platform utilizes pragmatic AI to suggest precise purchase orders that meet your goals, capacity, and limitations – giving your purchasers more time to concentrate on intricate projects.
Ensure your stock is distributed in the needed areas. The program automates the distribution of optimal inventory and notifies buyers for under and over stocking risks.
Make certain of forward purchasing ROI on your provider’s volume-based pricing. RELEX offers dependable recommendations about when and at what quantities to stockpile items to assist retailers to optimize purchasing and total inventory costs.
The software’s inventory ringfencing permits retailers to efficiently store stock in a single stock pool, and reserves blocks of it for assignment between channels as per channel-by-channel ordering forecasts and needs.
Enhance your delivery efficiency by considering all pertinent restrictions – including minimum orders, competent container and truck sizes, and the number of mixed, broken, or full pallets.
If you are on the verge of running out of stock, you require a rapid alternative to your regular long-lead time, low-cost vendor. RELEX identifies stock-out risks and quickly finds more supply from providers with a short lead time.
Further, RELEX assists wholesalers to proactively adapt to their consumers’ plans and needs. Identify alterations in your accounts’ purchasing patterns early, and foresee the effect of their assortment promotions and changes.
RELEX offers continually updated customer orders and inventory balances, giving near real-time visibility to planners. The software also triggers same-day orders for added buys when it views unexpectedly big sales volumes.
Develop transparent relationships with your suppliers by offering vendor predictions created from accurate store and DC projections. The solution automatically includes customer demand information and your planned changes.
RELEX Solutions presents pricing information on request. Contact them directly to get customized pricing details for your business.