New RELEX Study Reveals AI’s Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

A new global study by RELEX Solutions, a leading provider of unified supply chain and retail planning solutions, reveals that while 57% of retailers and CPG companies plan to invest in predictive and generative AI in the next 3-5 years, AI and machine learning (ML) ranked just fifth in importance for overall technology spend behind enhancing e-commerce capabilities, improving inventory management, demand forecasting, and leveraging data analytics. This suggests that companies may be underestimating AI's role in tackling consumer demand volatility. 

RELEX Solutions strengthens retail planning solutions in the Philippines with new acquisition of Optimity

MANILA, PHILIPPINES — RELEX Solutions, provider of unified supply chain and retail planning solutions, has announced that it has acquired Optimity, a supply chain planning and optimization provider. The acquisition will bolster the RELEX retail and supply chain platform with daily production planning, optimization, and production scheduling capabilities which are crucial for the end-to-end consumer goods value chain. …

Continue reading RELEX Solutions strengthens retail planning solutions in the Philippines with new acquisition of Optimity