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Predictive inventory solution

RELEX True Inventory reduces stockouts and lost sales

Inventory inaccuracy, or phantom inventory, is a common challenge for retailers, resulting in unforeseen stockouts and lost sales. 

RELEX True Inventory leverages machine learning and AI to establish a more precise view of the inventory balance on hand. It increases store efficiency, reduces stockouts, and ensures more precise inventory management for enhanced customer satisfaction.  

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Up to 4%

sales lift 

27%

in total inventory balance vs. ERP 

 

Inaccurate inventory leads to customer dissatisfaction 

Whether it’s phantom inventory or a lack of perpetual inventory, poor data accuracy and inaccurate inventory can result in lost sales, increased holding costs, and diminished customer satisfaction due to an inability to meet demand accurately. 

RELEX uses AI to improve data accuracy as it builds and maintains perpetual inventory from POS transactions, constantly learning from new data streamed into RELEX. This helps retailers improve inventory accuracy, leading to better order proposals, reduced waste, increased store efficiency, and ultimately, happier customers.  

Empower store teams with instant AI support

The Store Support AI agent delivers instant order explanations and troubleshooting directly within RELEX Mobile, enabling store teams to resolve issues without central support. It guides users to resolution, reduces support tickets, and builds store-level capability over time.

Key features

Enhance inventory accuracy through phantom inventory identification 

Reduce time spent on inventory checks, prevents lost sales, improves ordering accuracy, and increases operational efficiency. 

RELEX Mobile

Empower your stores to optimize their fresh forecasting and replenishment operations with RELEX Mobile. Our mobile app focuses on managing the complexities of fresh – improving store efficiency, maximizing sales and profitability while also minimizing waste and spoilage.

Built on the RELEX fresh management knowledge base, RELEX Mobile supports fresh store operators and center store workers, all on one app.  

Benefits

Better data for more accurate inventory

Enhance operational efficiency and reduce costs through accurate inventory 
management and streamlined inventory processes.

    • Reduce stockouts and overstock issues 

    Better demand alignment and reduced stockouts or overstock situations lead to a more responsive and efficient supply chain. 

    • Real-time insights to support data-driven decisions

    Advanced data analytics provide real-time insights for decision-making while integrating seamlessly with existing systems.  

    • Create streamlined operations and accurate stock levels 

    Prevent lost sales by enabling timely correction of stockouts and securing high on-shelf availability for increasing customer satisfaction. Reduce time-consuming manual inventory tasks and improve order accuracy by providing precise and up-to-date inventory. 

    “Stock is the one factor we didn’t manage directly within our supply chain consistently. RELEX True Inventory is a valuable tool which helps us reduce deviations and phantom stock, allowing for orders that better match actual store demand.”

    Jose Ramon Franco,
    Supply Chain Manager, Ametller Origen

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