RELEX Solutions introduced a new, modern approach to category reviews with RELEX Space for Category Management. Built within a cloud-native interface, RELEX Space empowers retailers to optimize merchandising plans to deliver the right products at the right time and place, meeting consumer demand while maximizing sales and profitability.
RELEX Space for Category Management strategically optimizes shelf space allocation and provides insights into category adjacencies. Automating and optimizing planogram updates using artificial intelligence and machine learning reduces time-consuming manual processes and enables retailers to reflect current sales trends, customer preferences and seasonal variations. RELEX Space for Category Management also fosters cross-functional collaboration, allowing supply chain and merchandising teams to plan and develop the category management strategy and make decisions seamlessly. By connecting and leveraging space, labor, inventory and forecast data, planners can assess the true cost to serve and how to grow revenue.
RELEX Space for Category Management also seamlessly integrates with the RELEX forecasting and replenishment solutions, creating a unified environment that improves data-driven decision-making across the supply chain. By integrating the forecasting, replenishment, assortment and space management functions, data can be shared and updated in near real time, ensuring inventory levels are optimized and shelf space allocation aligns with demand forecasts. This seamless integration shifts category managers from operational to proactive, enabling them to respond swiftly to market demands and maximize business outcomes.
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