Panda Retail, Saudi Arabia’s No. 1 supermarket chain, has expanded their partnership with RELEX Solutions, provider of unified supply chain and retail planning solutions, to include promotion planning and space management optimization.
Through RELEX, Panda Retail will have a roadmap leading them to a fully optimized and efficient end-to-end retail supply chain. RELEX’s unified supply chain planning solution already serves Panda’s stores and distribution centers.
Optimized promotion and space planning processes will enable Panda Retail to improve the efficiency of their promotions and reduce operational costs. Panda Retail will enhance their customer service and profitability by integrating their end-to-end supply chain, from demand forecasts to store operations.
Panda Retail chose RELEX because of the expertise and reliability they demonstrated during the forecast and replenishment solution implementation. Additionally, RELEX provides an end-to-end solution system encompassing forecasting and replenishment, promotion planning, space and assortment, and workforce management.
“RELEX helped to improve our forecasting and replenishment processes significantly. We are truly pleased to expand our partnership to include promotion planning, space management, and expand forecast and replenishment to our fresh products. We have built a strong relationship with the RELEX team and are confident that applying their capabilities will improve our promotion planning and space management processes to drive more value and efficiency,” says Panda Retail CEO Dr. Bander Hamooh.
“We are honored to deepen our partnership with Panda Retail and generate even more value for their business by implementing our end-to-end supply chain solution. RELEX is uniquely qualified to support Panda Retail in contributing to Saudi Arabia’s ambitious Vision 2030 initiative, as the country aims to develop their thriving economy further,” says RELEX CEO Mikko Kärkkäinen.