RELEX Solutions announces acquisition of supply chain planning and optimisation provider Optimity
RELEX Solutions, a provider of unified supply chain and retail planning solutions, has acquired Optimity, a supply chain planning and optimisation specialist.
Terms of the deal were not disclosed.
RELEX says that this will bolster its retail and supply chain platform with daily production planning, optimisation and production scheduling capabilities.
“The consumer goods industry is incredibly dynamic and complex. Acquiring Optimity will seamlessly link downstream demand with upstream planning, so consumer goods companies can more accurately predict consumer demand, optimise production plans and schedules, adjust inventory levels, and respond quickly to market changes or unexpected disruptions,” says Mikko Kärkkäinen, Co-founder and Group CEO, RELEX.
“This acquisition also further accelerates our vision towards an adaptive, autonomous and synchronised supply chain unifying demand and supply planning decisions in one platform to minimize all wasted cost and product. We warmly welcome the Optimity team to RELEX.”
Optimity, with global headquarters in Sweden and offices around the world, offers a supply chain planning and optimisation solution specifically for manufacturers and distributors.
Offerings include demand planning, production planning and scheduling, supply planning, distribution planning, inventory optimisation, and S&OP. The company has 80+ customers across the food and beverage, and complex manufacturing industries.
“Our depth in some of the most complex consumer goods industries like bakery, ready made meals, protein production and industrial manufacturing complements the vast understanding of consumer demand that RELEX has, based on their impressive expertise managing more than $700 billion of demand in grocery alone,” says Christer Liden, CEO, Optimity.
“We are thrilled to join the RELEX team and further optimise the consumer goods value chain together.”
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