Why reliable forecast automation is key to omnichannel grocery success
Grocery retailers who are implementing an omnichannel strategy should use a transparent supply chain management solution that provides trustworthy, automated forecasts.
After a year that changed everything, what can retailers expect from 2021?
History has shown that with a little patience, retailers that take thoughtful risks can see positive results over the long term.
NRF 2021 chapter one recap – after a turbulent year, what’s next for retail?
NRF Chapter 1 offered lessons learned from 2020 as well as a look to the next 12 months ahead. Here are our highlights from the event!
Why do so many people working in retail find AI scary?
Incorporating AI into demand forecasting and inventory optimization can improve product availability, reduce waste, smooth the flow of goods and improve operational efficiency in distribution and in stores.
5 retail trends we predict for 2021
Omnichannel efficiency, adaptable supply chains, AI... We predict the retail trends for 2021.
What will it take to get shoppers back into stores in 2021?
Traditional and multichannel retailers can prepare for the next shift in customer behavior by taking advantage of the post-holiday period to begin reestablishing the in-person shopping patterns lost in 2020.
2020: RELEX’s year in review
2020 is coming to an end, and our CEO Mikko takes a look back at the year's achievements, from new customers to first-ever Global Retail Summit.
The need for speed and adaptability calls for a retail nervous system
Rapid change has put retail adaptability to the test, from the shift to omnichannel to a technological arms race to external shocks like extreme weather events and the COVID-19 pandemic.
Grocers are primed to compete with Amazon’s free grocery delivery
Amazon is making inroads into the grocery space, and its significant investments and assets give the impression of being unbeatable. However, grocers have many advantages that they can leverage to successfully compete.
RELEX Live: Global retail summit – event recap and on-demand recordings
Retailers, analysts, and press from all over the world joined us as retail experts from RELEX and our customers led engaging sessions on the trends and best practices that are keeping retailers competitive.
Introducing RELEX Live: Global retail summit
We’ve pulled together some of our favorite resources on the topics that presenters will engage with throughout the RELEX Live sessions on September 23.
Hurricane management: Best practices for DIY retailers after unpredictable events
It is nearly impossible to fully automate processes for exceptional demand periods like those caused by hurricanes. Instead, planners must take a hands-on, localized approach to hurricane management.
The art and science of markdowns: Collaborative merchandising and inventory planning
Retailers can bridge the gaps between their supply chain and merchandising teams using shared forecasts to improve markdown performance.
The “new normal” requires sharper attention to supply chain analytics
Pharmacy retailers can take advantage of a unified tech solution to ensure they can meet the rapidly changing demand during the coronavirus crisis.
Study examines how grocery supply chains survived the first wave of COVID-19
A study finds two goals for companies to survive COVID-19: maintaining high availability, and preventing a bullwhip effect where an initial demand spike triggers too much ordering and production.
Introducing RELEX Labs
Welcome to RELEX Labs, our research engine at the core of our company working closely with our customers to develop the future of retail optimization.
Is the future of retailing going dark?
Dark stores are a cost-effective way to shorten delivery times on online orders and give retailers the ability to make more strategic inventory choices by location.
Webinar recap – managing the shift to ecommerce
In our June webinar, our retail advisors discussed what retailers can do now to manage the growing ecommerce side of their business and how to prepare for the future.
Webinar recap – make better use of your inventory and maximize your sales
Now that the new phase of COVID-19 is starting with stores reopening and customer demand sifting retailers need to start thinking their markdown strategies.
The long-term strategy: Transforming operations for sustained online growth
During the coronavirus crisis many businesses saw an increase in online ordering. This trend won't go away once the crisis has passed - people are discovering the convenience of online ordering.
Are you ready for a return to in-store shopping?
While retailers may have temporarily shifted to focus on managing online sales, it’s time to get ready for the fresh opportunities that returning foot traffic will bring.
Why markdown optimization Is essential to store reopening strategies
If your brick-and-mortar stores are currently closed due to coronavirus restrictions, markdown should be an integral part of your strategy to return to profitability.
Store closures and demand decreases: Learning from the past to plan for the future
Learnings from the past crises are applied to help retailers facing store closures and demand decreases plan for the future after the pandemic.
Six improvement areas before the next supply chain crisis
The COVID-19 crisis has made clear that retailers, almost without exception, must make supply chain improvement an urgent priority going forward.