As Denmark’s leading online grocer, nemlig.com has experienced explosive growth in recent years. With that growth came the need for an adaptable markdown optimization system that would allow them to scale effectively into the future.
RELEX features enabled Rossmann to increase efficiency, cut back on in-store shelving work, and relieve some of the pressure on logistics while reducing inventory and out-of-stocks.
Retailers can bridge the gaps between their supply chain and merchandising teams using shared forecasts to improve markdown performance.
This whitepaper lists the benefits of automated markdown optimization, as well as introduces a five-step guide for a well-planned markdown process.
Our markdown solution experts share insights on how to leverage markdown optimization to eliminate manual processes and significantly improve markdown performance.
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.
Markdowns cost retailers billions, yet they are essential in the world of retail. To make most of it, retailers need to maximize margin and avoid excess stock.
With RELEX, the largest Norwegian online fresh food retailer Oda has seen a 49% reduction in spoilage value and a 25% increase in inventory turnover.
Minimani has been able to improve the availability of the most important product lines by 4% while waste, particularly with meat products, has decreased significantly.
Britain’s leading regional supermarket has been able to cut spoilage, improve availability and the handling of promotions.
RELEX works with clients to tailor systems to individual needs and goals. Read the innovative solutions Booths developed while implementing RELEX systems.
Scandinavia’s largest chain of garden centres now has a small and efficient team managing store and central warehouse replenishment with excellent results.
The British bulk food retailer saw a 25% reduction in order processing time during a 3 month initial project period.