FINLAND – Relex Solutions, a Helsinki, Finland-based provider of unified supply chain and retail planning solutions, acquired Optimity, a global supply chain planning and optimization provider.
The amount of the deal was not disclosed.The acquisition will bolster the Relex retail and supply chain platform with daily production planning, optimization and production scheduling capabilities which are crucial for the end-to-end consumer goods value chain.Optimity has provided companies with user-friendly planning software to optimize supply chains. The company delivers a comprehensive solution, covering strategic optimization to detailed production scheduling. Supply chain planning is pivotal for manufacturing and distribution, and Optimity works to deliver solutions and tools that ensure profitability and simplifying processes for sustainable growth.Led by CEO Mikko Kärkkäinen, Relex Solutions helps retailers and consumer brands drive profitable growth across all sales and distribution channels by optimizing customer satisfaction and minimizing operative costs. Its unified supply chain and retail planning platform helps retailers and consumer goods companies align and optimize demand, merchandising, supply chain, and operations planning across the end-to-end value chain. It drives product availability, increased sales, improved sustainability, and the best return on investment in inventory, space, workforce, and capacity. Brands like Dollar Tree and Family Dollar, Stokke, Rite Aid, Sprouts Farmers Market, AutoZone, and PetSmart use RELEX to optimize their supply chain and retail planning. 04/01/2024
