At RELEX, we’ve accumulated a great deal of retail expertise from among the ranks of our more than 800 retail planning specialists. Pick our brains by diving into the resources our experts have authored — from blogs and whitepapers to guides, reports, and videos.
The Complete Guide to Machine Learning in Retail Demand Forecasting
Retailers generate enormous amounts of data, meaning that machine learning technology quickly proves its value.
Managing the Intricacies of Fresh Fruits and Vegetables in Grocery Retail
Ultra-fresh products like fruits and vegetables have some unique challenges, but they also comprise one of the largest revenue streams and opportunity centers.
Stochastic Planning for More Resilient and Cost-Effective Supply Chains
Stochastic planning has been presented as a result for tackling uncertainty in supply chains. Our whitepaper explains what it is and when and how to use it.
Machine Learning in the Context of Retail Demand Forecasting
Retail is impacted by many factors, such as weather and cannibalization, that can be taken into account with the help of machine learning.
Mastering Demand Forecasting of Short Lifecycle Products
This white paper shows how accurately forecasting for short lifecycle products is possible through intelligent statistical modeling that uses data from previous product introductions.
Are You Wasting Time and Money on a Poorly Integrated Supply Chain?
16 % of large US grocery retailers still base their distribution center forecasts on historical data on outbound deliveries from these distribution centers. This is akin to driving a car while looking into the rearview...
The Importance of Accurate Forecasts in Omnichannel Grocery Retail
Accurate forecasting is at the core of increased operational efficiency as it is key to accurately match resources, such as stock and personnel, with demand.
Benefit from Forecast Data in Your Planograms
During my almost seven years working with space planning, 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...
Best Practices in Weather-based Sales Forecasting
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.
Considering Cannibalization and Halo Effects to Improve Demand Forecasts
Sales promotion of one product impacts not only the sales of that product, but also products not in promotion.
What is a Good Level of Forecast Accuracy?
“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.
Fresh Forecasting & Replenishment: Running an Efficient Omnichannel Grocery Retail Operation
Moving to omni-channel grocery retail adds new aspects to demand forecasting that need to be considered, e.g. how to forecast per sales and fulfillment channel, how to react to out-of-stocks, and how to optimize operations.
Measuring Forecast Accuracy: The Complete Guide
This complete guide explains the facets of forecasting and why forecast accuracy is a good servant but a poor master.
Why Do Forecasting and Replenishment Have to Be Such a Pain?
Over the years almost every single retail initiative has had forecasting and replenishment at its core.
Predict the Unpredictable in Supply Chain Management
People are fickle, not wholly rational and make different decisions at different times. However, people are predictable in most of their buying decisions.
How Can a Retailer Create Meaningful Forecasts for New Products?
How does one create meaningful forecasts for new products when there is no sales history at all?
Does Demand Forecasting for Promotions Have to Be This Difficult?
Demand forecasting for promotions is a major challenge for retailers, not least because of the impact it has on driving sales.
Top Challenges in Demand Forecasting
Forecasting future demand successfully is difficult. Find out from our blog what the big retailers listed as their hardest challenges.
When to Use Manual Forecasting or Forecast Corrections
Manual forecasting generally produces results whose accuracy is, rather questionable. However it can be of benefit in certain situations.
Demand Forecasting and Planning in Retail
Does your company do ‘demand forecasting’ or ‘demand planning’? Both are needed in supply chain management, but what are their differences?
Managing the Christmas Supply Chain
In this whitepaper we take a look at how to optimize for the holiday season and draw lessons for year-round seasonal management.
Fresh Forecasting & Replenishment: Master Weekday Variations
As sales fluctuate significantly day to day, precision with fresh food is only possible through accurate daily forecasting and daily replenishment.
Fresh Forecasting & Replenishment: Master Spoilage
Spoilage reduction is the single most effective measure we know of that clients can take to boost their profits.
Supply Chain Integration – Case Food Service Forecasting
Supply chain integration is about knitting together operations of two or more companies via an integrated IT system. Learn how this can be done wisely.