Great examples of AI and ML in support of grocers and their ongoing challenges!

🎯 Key Takeaways for quick navigation: 02:05 *🏢 Leroy Merlin Italy is part of the adeo group, specializing in DIY, with 49 stores serving over 30 million customers annually.* 04:48 *🛒 Leroy Merlin Italy emphasizes a customer-centric approach in forecasting and procurement, aiming to aggregate demand across all channels.* 08:43 *💡 Implementing advanced planning software like Relatics has significantly increased calculation speed and efficiency in forecasting, enabling instant decision-making.* 11:22 *📊 Improved visibility and planning capabilities from Relatics allow Leroy Merlin Italy to predict volumes along the supply chain, enhancing capacity monitoring and service levels.* 16:49 *🔄 Leroy Merlin Italy emphasizes ongoing cultural change to engage store staff, focusing on empowering them with data visibility and responsibility for stock management.* 23:55 *📈 Leroy Merlin Italy leverages existing data and plans to invest in more precise data collection, especially regarding capacity constraints, to further optimize procurement decisions.* 29:23 *💡 Leroy Merlin Italy has significantly reduced the amount of overstocked products from 30-40% to 3-4% with the implementation of Relatics.* 29:54 *📊 They are closely monitoring stock-out levels and assessing the accuracy of parameters and algorithms to ensure optimal inventory levels.* 30:21 *🛠️ Leroy Merlin Italy is focusing on maintaining the aesthetic appeal of their shelves while optimizing inventory levels, emphasizing customer satisfaction with beautifully presented stores.* 31:02 *🛒 They are exploring strategies to gradually reduce excess stock while maintaining shelf appeal, aiming for a balanced adaptation of inventory levels to meet customer needs.* Made with HARPA AI

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Well highlighted planning is a key lever to reduce waste in the Supply Chain would like to understand more with case study appreciate if you could provide any link ...thanks

Is there a way to learn about the Relex tool technically? Especially about Retail demand planning. I searched a lot but could not find it. Even, registered on the Relex website.

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How many days does RELEX forecast in the future?

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Thank you for sharing.