In today’s market, labor has added more strain to retailers’ operations. Whether it is the rising cost of labor, retention of the more experienced workforce, or needing to onboard a different profile of workers onto complex systems or processes, all these scenarios and more are increasing in frequency, hurting the efficiency of the supply chain.
Organizations often make the same mistakes when choosing and implementing digital twins in their supply chain technology. Here's how to avoid these pitfalls.
Join us as we explore how advanced technology, including AI, is transforming retail operations and helping businesses stay ahead in a rapidly evolving market.
The blog discusses on how forecasts built using demand sensing can result in fewer lost sales, reduced waste, and increased cost savings.
Consumer goods companies need to leverage the best AI tools – specialized and generative – for each stage of the planning process to achieve the optimal result.
Market basket analysis can do the detective work of identifying customer preferences. All without invading customers’ privacy.
Many people have some idea of what AI can do for supply chain and retail planning. It can forecast demand, optimize inventory, improve replenishment – the list goes on.
RELEX solution expert John Power shares some of the ways that RELEX is helping pharmacy retailers leverage AI to manage drug complexity, meet localized demand for all categories, and boost omnichannel efficiency.
Managing prescription drugs with an ever-increasingly complex assortment necessitates a sophisticated, tech-driven approach to supply chain management to control costs, increase profits, and build a competitive advantage.
An optimized production plan keeps the many (literally) moving parts of the manufacturing process operating smoothly – but building this plan is a balancing act.
Explore how AI evolved from theory to practical applications, transforming supply chains and retail with innovative tools and success stories.
As systems like ChatGPT rattle established tech stacks and business processes, some are hailing “generative AI” as the magic pill that will cure all work-related ills. Others see it as a precedent to an insidious puppet master that will render humanity redundant.
Positioned in the middle of the supply chain, wholesalers and distributors face unique challenges driven by industry shifts upstream and downstream. With the right strategies and technologies, they can protect margins and build optimized, resilient, and sustainable supply chains - becoming powerful commercial allies and passing on efficiency gains and profit opportunities to partners.
In this video, RELEX pricing optimization & promotions planning and optimization overview, RELEX Strategic Principal Jeff Bulger shares how unifying these essential processes with AI-enabled solutions is helping retailers drive profit and protect margins via precision pricing and truly effective promotions.
Discover how AI is transforming grocery retail by streamlining operations, predicting demand, reducing waste, and enhancing productivity in this riveting discussion with our fresh experts.
This webinar explores how cutting-edge AI technology can address phantom inventory, ensuring your inventory system is accurate and reliable.
Laurence Brenig-Jones and Greg Wilson from RELEX Solutions explore AI's transformative power and share practical industry insights.
When pushing the limits of performance, specialization is a must. It’s not just about having the right tool for the job; it’s about refining its design for optimum performance under specific circumstances.
There are two common misapprehensions about AI. The first is that AI is its own initiative, a separate investment that is superimposed onto all the other supply chain functions. The second is that all AI is created equal, and any engine will do.
Scott Curtiss, RELEX Head of Field Presales, discusses three key focus areas for wholesaler success and how AI-enabled solutions from RELEX can help them overcome their challenges and drive efficiency and profitability.
As the wholesale industry evolves, automation technology has become a necessity to maintain and expand a wholesaler’s market presence, ensuring they remain competitive.
Retail planning is as easy as riding a bike…with squeaky brakes…down a very steep slope. The terrain is pitted with data…
Phantom inventory haunts retailers. The inability to trust when an inventory system claims products are on shelves or in stock is enough to frighten any profit-minded retailer. Scarier still: phantom inventory is so hard to detect that retailers may never be able to identify how much money the issue costs them in the long run.
Discover the data management strategies and tools every IT leader needs to deliver ROI, increase efficiency, scale easily, and adapt to tomorrow’s challenges.