<div>
  <ul>
    <li>
      <p>
        RELEX Solutions, a company specializing in unified supply chain and retail planning solutions, has introduced an advanced version of its GenAI tool, &quot;Rebot.&quot; The product has undergone extensive development since its initial launch as RELEX-GPT in 2023 and is now available to all RELEX users.
      </p>
    </li>
    <li>
      <p>
        Rebot is developed using Gen AI technology. It serves as a retail decision-making assistant, and its main features include the ability to clarify complex functionalities, issue resolution, and provide guidance toward best practices through an intuitive chat function that adapts to unique business requirements. Additionally, it offers direction and links to further learning resources.
      </p>
    </li>
    <li>
      <p>
        The upgraded version of Rebot aims to become users' trusted ally, proposing actions to mitigate potential issues, assisting users in interpreting their data, and teaching how to apply this data effectively. It also helps to save time by streamlining views.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        During the recent past, RELEX Solutions has been actively upgrading its product offering. Some of the most recent initiatives include the 
        <a href="https://sp-edge.com/updates/26767">
          introduction
        </a>
         of RELEX Mobile Pro in February 2024, and the 
        <a href="https://sp-edge.com/updates/24989">
          introduction
        </a>
         of new AI-driven price optimization capabilities in December 2023. In January 2024, the company also 
        <a href="https://sp-edge.com/updates/25149">
          acquired
        </a>
         Optimity to deepen its production planning and supply chain optimization capabilities.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.businesswire.com/news/home/20240313992660/en/RELEX-Advances-Gen-AI-Capabilities-to-Unlock-Faster-Data-driven-Actionable-Insights">
      Press release
    </a>
  </p>
</div>


Supply Chain Tech

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 <p>RELEX Solutions, a provider of unified supply chain and retail planning solutions, has launched an upgraded version of its GenAI tool, "Rebot." Originated as RELEX-GPT in 2023, Rebot is now available to all RELEX users following significant development.</p>
 <p>Rebot is developed using Gen AI technology, functioning as a retail decision-making assistant. It can simplify complex functionalities, facilitate issue resolution, and provide guidance toward best practices. This is achieved through an intuitive chat feature that adjusts to specific business needs. Rebot also offers navigational direction and links to additional learning resources.</p>
 <p>The enhanced Rebot version's goal is to be a reliable helper for users, suggesting actionable steps to alleviate potential problems, aiding users in data interpretation, and teaching effective data application. Additionally, it enhances efficiency by refining views. </p>
</div> <p><b>Analyst QuickTake:<br>
 </b> During the recent past, RELEX Solutions has been actively upgrading its product offering. Some of the most recent initiatives include the <a href="https:<br>
//sp-edge.com/updates/26767"> introduction </a> of RELEX Mobile Pro in February 2024, and the <a href="https:<br>
//sp-edge.com/updates/24989"> introduction </a> of new AI-driven price optimization capabilities in December 2023. In January 2024, the company also <a href="https:<br>
//sp-edge.com/updates/25149"> acquired </a> Optimity to deepen its production planning and supply chain optimization capabilities.</p>

RELEX Solutions introduces advanced capabilities with new AI tool 'Rebot'

<div>

<p>RELEX Solutions has introduced RELEX Mobile Pro, an AI-powered in-store application for retailers, suppliers, wholesalers, and manufacturers. The app uses artificial intelligence to address various challenges in the fresh product market, including limited inventory visibility, product availability, and customer presentation.</p>

<p>The app has several key features. These include easy order review and modification, suggested replenishment amounts, ad-hoc order creation for unplanned needs, and accurate item scanning and searching for quick access to product information.</p>

<p>As per RELEX Solutions, the app enhances store efficiency and boosts sales and profitability while also reducing waste and spoilage. It enables automation of manual tasks and enhances stock management, ensuring appropriate products are stocked at the right time. It also promotes store personnel engagement and improves customer service.</p>

</div>

RELEX Solutions introduces AI-driven in-store execution app 'RELEX Mobile Pro'

Tech solutions for achieving global anti-wastage targets

Food Waste

<div>
 <p>RELEX Solutions, a provider of retail and supply chain planning, has acquired Optimity, a Swedish company specializing in supply chain planning and optimization. The specifics of the deal were undisclosed. Optimity serves 80 customers in the food, beverage, and complex manufacturing industries. Through this acquisition, RELEX aims to enhance its capabilities in production planning and supply chain optimization by integrating Optimity's offerings in demand planning, production planning, distribution planning, inventory optimization, and sales and operations planning. RELEX's vision is to create an adaptable, autonomous, and synchronized supply chain.</p>
</div>

RELEX Solutions acquires Optimity to enhance supply chain and retail planning capabilities

<div>
 
 <p>RELEX Solutions has acquired Optimity, a provider of supply chain planning and optimization services, though details of the deal have not been disclosed. Based in Sweden, Optimity operates globally and supports over 80 customers in the food, beverage, and manufacturing sectors.</p>
 <p>Through this acquisition, RELEX plans to enhance its capabilities in production planning and supply chain optimization using Optimity's solutions, aligning with its vision of creating an adaptable, autonomous, and synchronized supply chain.</p>
 
</div>

<div>
 <p>RELEX Solutions has introduced a new AI-powered service for price optimization, aimed at improving retailer sales and profit margins. The platform includes customizable pricing strategies, integration with predictive analytics, price elasticity models and streamlined pricing processes. It also offers scenario testing for a better understanding of the implications of price changes. Integrated with other RELEX services such as promotion planning, the solution aids in simplifying the decision-making process across various commercial operations. Reportedly, users can expect a swift return on investment post-deployment.</p>
</div>

RELEX Solutions introduces new AI-driven price optimization capabilities

<div>
 
 <ul>
  <li><p>Brazilian building materials retailer Obramax has partnered with RELEX Solutions to improve inventory forecasting and restocking processes. Obramax plans to increase its store counts from three to 30 by 2026.</p></li>
  <li><p>RELEX Solutions helps companies improve product availability and reduce lost sales with precise and automated forecasting. It uses AI/ML to better understand customer demand patterns and facilitate inventory restocking.</p></li>
  <li><p>Implementing RELEX Solutions is expected to enhance Obramax's operations and customer service. Obramax aims to optimize efficiency, increase product availability, and provide accurate customer demand predictions. It supports wholesale and retail sales across physical stores, online platforms, and telesales.</p></li>
 </ul>
 
</div>

Obramax selects RELEX Solutions for forecasting and replenishment improvement

<div>
 
 <ul>
  <li><p>PriceSmart, Inc., an extensive operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, has chosen to deploy products from RELEX Solutions to improve its retail planning and supply chain strategy. RELEX is known to provide unified retail planning and supply chain solutions to businesses.&nbsp;</p></li>
  <li><p>The RELEX system offers advanced forecast, replenishment, and promotion planning capabilities. It has been designed to streamline various operations, accommodating multiple product types like ambient and fresh goods, fast and slow movers, and make-to-sell and break-to-sell items. A key feature is that it aids in planning targeted promotions enhancing member engagement.&nbsp;</p></li>
  <li><p>PriceSmart expects several benefits from implementing RELEX's solution. It believes it will reduce complications in its operational systems, spanning 12 countries, increase its forecast accuracy, and improve product availability. Moreover, the adoption of RELEX's platform is viewed as a crucial part of its ongoing digital transformation efforts, aiming to enhance operational efficiency and cut operational costs.</p></li>
 </ul>
 
</div>

PriceSmart selects RELEX Solutions for supply chain and retail planning enhancement

<div>
  
 <ul>
  <li><p>Supply chain software provider RELEX Solutions has partnered with FourKites to enhance supply chain data visibility.</p></li>
  <li><p>RELEX's AI-powered platform will be integrated with FourKites' real-time supply chain information.</p></li>
  <li><p>The collaboration aims to predict and mitigate supply chain disruptions, optimize workforce scheduling, and improve overall supply chain orchestration.</p></li>
  <li><p>The partnership will provide comprehensive visibility, helping businesses anticipate shipment delays and plan for high-demand items.</p></li>
  <li><p>Increased sales and reduced out-of-stock instances are expected as a result of this alliance.</p></li>
 </ul>
  
</div>

RELEX Solutions partners with FourKites to boost supply chain visibility and mitigate disruptions

Finnish company RELEX Solutions has teamed up with FourKites to offer retailers a platform with real-time supply chain visibility. The AI-driven system will combine RELEX's retail and supply chain planning platform with FourKites' insights to help companies manage risk, align labor scheduling with shipping, and improve overall supply chain visibility. The partnership aims to provide customers with a unified platform that can automate various aspects of the retail supply chain, including inventory, space, pricing, and labor. This integration is expected to enhance efficiency and protect revenue for companies using the platform.

RELEX partners with FourKites for real-time supply chain visibility

DISRUPTOR_PRESENT

<div>
 
 <ul>
  <li><p>RELEX Solutions has developed an AI tool called RELEX-GPT.</p></li>
  <li><p>RELEX-GPT acts as a knowledge hub and improves access to information about RELEX products.</p></li>
  <li><p>Its key features include retrieving and summarizing information instantly, clarifying concepts, answering complex questions, and aggregating relevant data.</p></li>
  <li><p>Early adopters have experienced increased productivity, reduced routine tasks, and more time for strategic work.</p></li>
  <li><p>The tool benefits both RELEX employees and customers/partners.</p></li>
 </ul>
 
</div>

All Updates

RELEX Solutions introduces advanced capabilities with new AI tool 'Rebot'

RELEX Solutions introduces AI-driven in-store execution app 'RELEX Mobile Pro'

RELEX Solutions acquires Optimity to enhance supply chain and retail planning capabilities

RELEX Solutions acquires Optimity to enhance supply chain and retail planning capabilities

RELEX Solutions introduces new AI-driven price optimization capabilities

Obramax selects RELEX Solutions for forecasting and replenishment improvement

PriceSmart selects RELEX Solutions for supply chain and retail planning enhancement

RELEX Solutions partners with FourKites to boost supply chain visibility and mitigate disruptions

RELEX partners with FourKites for real-time supply chain visibility

RELEX Solutions launches AI tool RELEX-GPT for retailers