OXXO selects RELEX Solutions to improve its product demand forecasting

2023-09-08 13:09:51

OXXOthe largest chain of convenience stores in the Americas, selected the RELEX Solutions, a provider of unified supply chain and retail planning solutions, to increase the accuracy of your product demand forecasts. The solution will serve OXXO’s 22,000 stores in Mexico.

As part of OXXO’s digitalization process and preparation to expand in the coming years, they embarked on a digitalization roadmap by selecting RELEX as their sales forecasting platform. This platform incorporates Artificial Intelligence and Machine Learning technology, with the aim of optimizing and increasing the accuracy of forecasts.

“Working with OXXO is great as our businesses share the goal of optimizing the supply chain,” said Carlos Victoria, Senior Vice President of the Americas at RELEX Solutions. “We are excited to help OXXO achieve high levels of accuracy in demand forecasting, which allows it to reap the benefits of reducing inventory levels and increasing product availability.”

With this initiative, OXXO reaffirms itself as an innovative company that generates new ideas and innovations in the products and services offered to reinforce its value proposition every day, improve the shopping experience and simplify the lives of its customers.

Sobre a RELEX Solutions:

RELEX Solutions helps retailers and consumer brands drive profitable growth across all sales and distribution channels by maximizing customer satisfaction and minimizing operational costs. Our market-leading unified retail and supply chain planning platform helps retailers and consumer goods companies align and optimize demand, merchandise, supply chain and operations planning across the end-to-end value chain. We drive record product availability, increased sales, greater sustainability and the best return on investment in stock, space, staff and capacity. Leading brands such as Grupo DIA, GNC México, Titán Panamá, Axionlog, Supermercados Bravo, Leroy Merlon and AutoZone trust RELEX to optimize their supply chain and retail planning. Access relexsolutions.com to know more.

About FEMSA:

FEMSA is a company that generates economic and social value through businesses and institutions, aiming to be the best employer and neighbor in the communities where it operates. It participates in the retail sector through the Proximity Division in the Americas, which includes OXXO, a chain of small format stores and other related retail formats. It also operates in the European Proximity Division, which includes Valora, our European retail unit that operates convenience stores and food services. In the retail sector, FEMSA also operates through the Health Division, including pharmacies and related activities. In addition, there is Digital@FEMSA, which covers initiatives such as Spin by OXXO and Spin Premia, among other digital financial services. In the beverage sector, FEMSA operates as Coca-Cola FEMSA, the largest Coca-Cola bottler in the world by sales volume. FEMSA also operates in the logistics and distribution sector through FEMSA Strategic Businesses, which offers refrigeration solutions to points of sale and plastics solutions for its own companies and external customers. In all its business units, FEMSA employs more than 350,000 associates in 18 countries. FEMSA is a member of the Dow Jones MILA Pacific Alliance Sustainability Index, the FTSE4Good Emerging Index and the S&P/BMV Total México ESG Index, among other indices that evaluate its sustainability performance.

About Proximity Division:

FEMSA’s Proximity Division adds economic and social value in the countries where it operates. It manages several small format retail chains in Latin America and Europe, including OXXO stores. It also operates service stations under the OXXO GAS brand in Mexico, and Valora, our European retail unit that operates convenience stores and food services. Through its business units, FEMSA’s Proximity Division serves more than 13 million customers daily and employs more than 160,000 associates, promoting inclusion, diversity and sustainability practices among its teams to operate in harmony with the planet, communities and the value chain. Access femsa.com/en/business-units/proximity/oxxo/ to know more.

The original language text of this announcement is the official authorized version. Translations are provided as a convenience only and must refer to the original language text, which is the only version of the text that is legally binding.

Contact:

Jose Flores Gomez

Marketing Manager in Latin America

RELEX Solutions

[email protected]

Source: BUSINESS WIRE

1694190813
#OXXO #selects #RELEX #Solutions #improve #product #demand #forecasting

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Articles:

Table of Contents