Rite Aid, a leading retail pharmacy chain, and RELEX Solutions, provider of unified retail optimization solutions, announced an expansion of their partnership to include unified supply chain and category management. After launching RELEX’s end-to-end forecasting and replenishment solution in early 2021, Rite Aid will expand their use of RELEX to include space and floor planning, as well as space-aware replenishment for more than 2,400 stores across the country.
By bringing together space planning, store and distribution center forecasting, and replenishment planning within a single, centralized solution, Rite Aid will automate and streamline processes while gaining end-to-end visibility into their multi-echelon supply chain.
Read More: Loopio Places On The Globe And Mail’s Third-Annual Ranking Of Canada’s Top Growing Companies
“We’re excited to demonstrate how unifying their processes will reduce silos, increase efficiencies, and improve outcomes across their business.”
“Expanding our partnership with RELEX is crucial to our merchandising transformation and journey to become a destination for whole health,” said Erik Keptner, chief merchandising & marketing officer, Rite Aid. “Creating a holistic, unified approach to supply chain and category management optimization will allow us to build a foundation for customer-centric assortment, enable greater speed and efficiency, and provide better assortment visualization and communication for our field and operations teams – ultimately improving our customer experience.”
“We are excited to expand the partnership and provide a truly unified solution to Rite Aid,” said Frank Lord, chief revenue officer at RELEX. “They are moving to a fully unified forecasting and replenishment system, coupled with the benefits of space planning.”
“RELEX’s rich supply chain data will help enhance the customer experience by enabling accurate allocations, improved promotional forecasting, and highly localized space optimization for each product in Rite Aid’s assortment,” said Carlos Victoria, RELEX senior vice president of sales, Americas. “We’re excited to demonstrate how unifying their processes will reduce silos, increase efficiencies, and improve outcomes across their business.”
Read More: SalesTechStar Interview With Ryan Whitney, Chief Sales Officer At AnyRoad
