Case study: Atria
Atria significantly improved their forecast accuracy and stability after implementing RELEX machine learning-based forecasting capabilities.
With fluctuating markets and rapidly changing consumer preferences, relying solely on historical data for forecasts can hurt efficiency, profitability, service levels, and customer satisfaction.
RELEX demand sensing is a key part of our machine-learning (ML) demand forecasting, using new signals from internal and external data to quickly capture sudden demand changes and create accurate, dynamic forecasts that adapt to market shifts for faster, more demand-focused responses.
Higher
service levels
Improved
inventory turnover
Reduced
waste & spoilage
With expertise built on years of experience, RELEX understands how to best integrate downstream data with upstream planning. Our demand sensing solution harnesses current data from multiple sources to identify demand signals faster, providing a comprehensive picture of demand needs to improve supply chain performance and deliver better business results.
Key features
RELEX and guest panelists Capgemini Invent explore the future of demand planning, focusing on the transformative impact of machine learning in the consumer goods and manufacturing industries and on how ML improves the precision of demand forecasting.
Benefits
Extract POS data downstream for a better demand signal.
Enhance operational efficiency by providing data-driven insights to help teams outmaneuver disruptions, optimize costs, reduce excess inventory, and minimize waste. RELEX demand sensing increases supply chain flexibility and resilience by enabling effective short-term planning and ensuring long-term adaptability to future market conditions.
Achieve greater efficiency by automating data processing, allowing planners to generate accurate forecasts and make strategic decisions. Plan more proactively by providing accurate, granular forecasts that incorporate current demand behaviors, enabling better inventory and promotion management.
With more accurate, timely forecasts, retailers and manufacturers can tailor production and procurement with actual customer demand, ensuring product availability.
Drive smart order decisions with demand sensing to fulfill demand with the accurate volume of each product at the right time to reduce excess inventory, especially important with highly perishable or seasonal items.
We’ve accumulated a wealth of supply chain & retail expertise from our 1,500+ planning specialists.
This blog explores how forecasts built using demand sensing can result in fewer lost sales, reduced waste, and increased cost savings.
This video explains how RELEX helps consumer goods companies meet the changing demand and get more visibility into their sales channels.
The blog discusses on how forecasts built using demand sensing can result in fewer lost sales, reduced waste, and increased cost savings.
We’re happy to discuss your business needs and share how our market-leading, unified platform can help you drive profitable growth across your sales and distribution channels. Discover why top industry analysts position RELEX as Leaders in the market.