RELEX customers cut inventory costs by 20 percent on average

August 26, 2024 - Research Y131

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Analysts investigated four organizations deploying RELEX Solutions and found that, on average, organizations can achieve an approximate 20 percent reduction in inventory costs with the solution. Specifically, a manufacturing company reduced finished goods inventory by 22 percent, a hardware retailer achieved a 17 percent reduction in inventory costs, and a US-based food and beverage company saved over $1M by optimizing inventory turnover and reducing waste. Additionally, Nucleus found that organizations often select RELEX for its ability to centralize and unify planning processes, forecasting and inventory optimization capabilities, and user interface that facilitates an easy transition from Excel-based processes.

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