Using AI to optimize main replenishment days enables more efficient goods handling and store operations in retail distribution.
Sales promotion of one product impacts not only the sales of that product, but also products not in promotion.
Weather is a source of significant fluctuations in consumer demand. In this whitepaper, we’ll look at how retailers can optimally prepare for them.
Moving from a traditional category-based model to using causal methods increases promotion forecasting accuracy and supports promotion planning.
As a retailer grows and matures, they will inevitably find themselves, at some point, needing to invest in merchandising systems. But which capabilities to prioritize?
Ask managers what causes them the most problems in the consumer product supply chain – and the most common answer you’ll get is “promotion management”.
What’s the optimal balance between short- and long-distance procurement? Find out how to compare and combine the two worlds.
A typical mid-market retailer must wrestle with all the retail supply chain planning complexities that call for a top-notch solution.
In this whitepaper we take a look at how to optimize for the holiday season and draw lessons for year-round seasonal management.
Forecasting and replenishment implementations are, above all, about adapting and improving processes and operations models.
At RELEX we’ve collated information from more than a dozen of our large customers about how they have chosen to organize their replenishment.
As sales fluctuate significantly day to day, precision with fresh food is only possible through accurate daily forecasting and daily replenishment.
In the food sector the longest holiday forecast period is that for Christmas and New Year, where successive holidays make maintaining supply chain efficiency quite challenging.
Given tight margins spoilage reduction can easily add 25% to typical retail profits on food of roughly 2% of turnover.
Supply chain integration has been talked about for so long, and has had so much promised on its behalf that, frankly, it’s easy to tune out.
We think companies should be thinking in terms of agile process development – and here’s why.
It is possible to measure the value of POS data in a meaningful way. In my doctoral dissertation I examined a number of product launches by two suppliers.
Clients thinking of automating their replenishment processes often ask me what potential problems they should be alert to when changing their systems.
Seasonal inventory management is not easy. However, there are many companies who have managed to turn it from a problem into an opportunity.
Many companies switch to automated replenishment to improve shelf availability and inventory turnover, and to make re-ordering more efficient.
This article focuses on stock replenishment from the perspective of department store operations.
In many cases, it’s possible to increase the efficiency of spare parts management quite dramatically.