Unified retail planning solutions
RELEX Solutions is dedicated to helping retail businesses improve their competitiveness through localized assortments, profitable use of retail space, accurate forecasting and replenishment, and optimized workforce planning.
Considering Cannibalization and Halo Effects to Improve Demand Forecasts
The sales promotion of one product often has a huge impact on its sales, but it may have significant secondary effects on the sales of other products as well. Ignoring these effects prevents us from reaching the full profit potential of a sales promotion.
Measuring Forecast Accuracy: The Complete Guide
“What would you consider a good level of forecast accuracy in our business?” is probably the single most frequent question we get from customers, consultants and other business experts alike. In this Complete Guide we will explain the facets of forecasting and why forecast accuracy is a good servant but a poor master.
Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation
Only a few years back, many senior grocery retail executives were looking at the world of eCommerce and saying, more or less, “it’s not for us’ – oh how times have changed. Read our latest whitepaper about how to run an efficient omnichannel grocery retail operation.
Plan anything from supply chain to store space and workforce
RELEX delivers unrivaled results for retailers around the world with cloud-based, retail planning solutions.
From the blog
During my almost seven years working with space planning software, 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?”
Predicting weather is not easy and rapid changes in weather can cause consumers to suddenly shop or cease to shop for specific products, which can quickly become costly for a retailer.
The wide State of the Retail Supply Chain study conducted in 2017 by Martec International indicates that, in many areas, UK and Irish retailers are ahead of their European counterparts.
Ready to transform your retail planning?
At RELEX we have helped businesses to master the retail planning challenges they face – indeed the more complex the environment, the bigger the impact of RELEX. Contact us to discuss more.