Farmacorp to Enhance Demand Forecasting and Replenishment Processes with RELEX  

Bolivian pharmaceutical retailer to enhance supply chain planning with AI-driven solution 

Farmacorp, the largest pharmaceutical retailer in Bolivia specializing in medications, food, cosmetics, and personal care and well-being products, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to improve the accuracy of demand forecasts and optimize replenishment processes in stores and distribution centers. 

RELEX will serve the 230 stores and eight distribution centers that the company has in Bolivia, driving greater product availability and optimizing inventory levels in its supply chain. 

Farmacorp wanted to optimize key processes within their supply chain with a solution that would offer greater visibility, better analytics, and decision-making assertiveness. They chose RELEX for its high accuracy in demand forecasting, user-friendly interface, and high level of automation. The RELEX platform will help them address current challenges such as supply chain disruptions or sudden changes in demand for certain products. 

“RELEX supports our vision of achieving a process-oriented, automated, and efficient way of working, necessary to face current challenges,” said Ximena Parada, EVP Supply Chain at Farmacorp.  

“We are very excited to help Farmacorp overcome the current challenges that retailers in the pharmaceutical sector are facing,” says Carlos Victoria, Senior Vice President of RELEX Solutions for the Americas. “Managing the inventory of medications poses unique challenges that they will be able to address with an increasingly integrated supply chain, higher accuracy in demand forecasts, improved assortment processes, and optimal inventory levels.”