About RELEX

RELEX Solutions offers an integrated retail and supply chain planning system that enhances inventory management and demand forecasting for retailers. By optimizing stock levels and improving supply chain efficiency, the platform helps businesses reduce costs and increase service levels globally.

```xml <problem> Retailers and manufacturers often struggle with disconnected planning systems, leading to inaccurate demand forecasts, inefficient inventory management, and increased costs. Siloed planning prevents a holistic view of the supply chain, hindering quick responses to changing market conditions and demand fluctuations. </problem> <solution> RELEX Solutions offers a unified retail and supply chain planning platform powered by AI and machine learning to enhance demand forecasting and optimize inventory management. The platform integrates data across the entire supply chain, providing comprehensive visibility and control, enabling retailers and consumer goods companies to align demand planning, merchandising, supply chain, and operations planning. By automating manual processes and providing actionable analytics, RELEX enables businesses to make informed decisions, reduce waste, improve service levels, and drive profitable growth. The platform's no-code configuration simplifies deployment and allows for adaptability to changing business requirements. </solution> <features> - AI-powered demand forecasting that combines automated forecasting with exception-based and collaborative demand planning workflows - Machine learning (ML) predicts the impact of demand drivers, including merchandising decisions, commercial decisions, external events, consumer preferences, and seasonality - Integration of retail data to capture demand changes caused by assortment changes, retail promotions, and new product introductions - User interface (UI) with dashboards at different levels to support review and reporting, and forecast visualizations - Probabilistic AI-based modeling that translates uncertainty in supply and demand into automated actions - End-to-end inventory planning to optimize stock levels and reduce stock-outs - Promotion planning and price optimization to maximize sales and customer satisfaction - Supply chain collaboration tools for visibility into shared plans, forecasts, and constraints across the end-to-end supply chain </features> <target_audience> The primary customers are retailers, wholesalers, distributors, and consumer packaged goods (CPG) manufacturers seeking to improve demand forecasting, optimize inventory, and streamline supply chain operations. </target_audience> <revenue_model> RELEX does not provide explicit pricing, but they generate revenue through software licensing, implementation services, and ongoing support and maintenance fees. </revenue_model> ```

What does RELEX do?

Where is RELEX located?

RELEX is based in Helsinki, Finland.

When was RELEX founded?

RELEX was founded in 2005.

Location

Helsinki, Finland

Founded

2005

Employees

2212 employees

Major Investors

Blackstone Group

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RELEX

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Executive Summary

relexsolutions.com 50K+

Crunchbase

Founded 2005 – Helsinki, Finland

Funding

Major Investors

Blackstone Group

Team (1000+)

No team information available.

Company Description

Problem

Retailers and manufacturers often struggle with disconnected planning systems, leading to inaccurate demand forecasts, inefficient inventory management, and increased costs. Siloed planning prevents a holistic view of the supply chain, hindering quick responses to changing market conditions and demand fluctuations.

Solution

RELEX Solutions offers a unified retail and supply chain planning platform powered by AI and machine learning to enhance demand forecasting and optimize inventory management. The platform integrates data across the entire supply chain, providing comprehensive visibility and control, enabling retailers and consumer goods companies to align demand planning, merchandising, supply chain, and operations planning. By automating manual processes and providing actionable analytics, RELEX enables businesses to make informed decisions, reduce waste, improve service levels, and drive profitable growth. The platform's no-code configuration simplifies deployment and allows for adaptability to changing business requirements.

Features

AI-powered demand forecasting that combines automated forecasting with exception-based and collaborative demand planning workflows

Machine learning (ML) predicts the impact of demand drivers, including merchandising decisions, commercial decisions, external events, consumer preferences, and seasonality

Integration of retail data to capture demand changes caused by assortment changes, retail promotions, and new product introductions

User interface (UI) with dashboards at different levels to support review and reporting, and forecast visualizations

Probabilistic AI-based modeling that translates uncertainty in supply and demand into automated actions

End-to-end inventory planning to optimize stock levels and reduce stock-outs

Promotion planning and price optimization to maximize sales and customer satisfaction

Supply chain collaboration tools for visibility into shared plans, forecasts, and constraints across the end-to-end supply chain

Target Audience

The primary customers are retailers, wholesalers, distributors, and consumer packaged goods (CPG) manufacturers seeking to improve demand forecasting, optimize inventory, and streamline supply chain operations.

Revenue Model

RELEX does not provide explicit pricing, but they generate revenue through software licensing, implementation services, and ongoing support and maintenance fees.