NOWEDA Selects RELEX to Optimize Inventory Management and Product Availability

Jun 22, 2022 2 min

NOWEDA, a cooperatively organized pharmaceutical wholesale company with more than 9,300 members throughout Germany, will partner with RELEX Solutions, provider of unified retail planning solutions. The RELEX solution will initially be implemented for the entire product range in four NOWEDA distribution centers (DCs) before being rolled out to all 20 DCs throughout Germany, with the goal of optimizing NOWEDA’s inventory management, reducing storage costs, and improving processes by increasing automation and ease of use.

NOWEDA selected RELEX due to the platform’s transparency, forecasting accuracy, and high level of automation, as well as the user-friendliness of the RELEX solution, including its visual data displays and reporting functions. The RELEX system will address the complex challenges that are common in pharmaceutical supply, including forecasting seasonal pharmaceuticals and products with limited shelf life. 

“RELEX has provided us with a future-proof system that uses the latest machine learning-based forecasting technology to handle complex requirements and ensure a high level of service to member pharmacies,” says Alexandra Franz, Project Manager Supply Chain at NOWEDA. “Our member pharmacies trust us to offer high availability at all times, and RELEX ensures that we can successfully meet their needs.” 

“We are pleased to support NOWEDA by delivering a flexible solution that can handle the logistical challenges that the pharmaceutical industry faces, both now and into the future,” says Stefano Scandelli, Senior Vice President Sales, EMEA & APAC at RELEX Solutions. “With RELEX, NOWEDA can reduce costs across the supply chain while ensuring high product availability, allowing them to stand out in a competitive environment.”