Discount retailer Dollar Tree, Inc., has partnered with Relex Solutions in an effort to improve its demand forecasting and replenishment processes across both its Dollar Tree and Family Dollar banners. Dollar Tree, Inc. will implement the Relex solution across all of its 15,800 stores and 26 distribution centers in North America to improve collaboration between stores and central planning teams, says the company.
“The decision to partner with Relex is a continuation of our journey to utilize data, analytics and automation to drive accuracy, efficiency, and effectiveness throughout our supply chain, resulting in better on-shelf availability and an improved shopping experience for customers,” said Alasdair James, EVP, Dollar Tree, in a statement.
“Relex has proven to be more configurable than other solutions in its field, allowing our planners to have full visibility into, and control of, our supply chain,” said Andy Paisley, Dollar Tree CIO. “It also empowers us to innovate, try new ideas, and evolve our use of the solution over time to continuously meet changing business needs.”
Chesapeake, Va.-based Dollar Tree Inc., which recently said it was looking to hire thousands of new workers at its sixth annual cross-country hiring event ahead of the holiday season, is optimistic about the fourth quarter of 2021. Given inflation and the return to in-person gift exchanges, discounters are likely well positioned for increased demand from holiday shoppers this year. Ensuring that products are on shelves, despite supply chain challenges is a key component to a successful 2021 holiday season.
“We’re excited to play a central role in Dollar Tree and Family Dollar’s mission to grow their business while providing high service levels and quality products to their customers at affordable prices,” said Frank Lord, Chief Revenue Officer at RELEX. “RELEX has deep experience with the challenges specific to price-point retailers, and we look forward to sharing our expertise as we help them improve in-store availability while lowering inventory balances across their supply chain.”
Relex Solutions is a provider of retail optimization software that aims to "help retailers adapt to every future, faster," says the company. Its cloud-native Living Retail Platform delivers pragmatic AI across all retail functions and at retail scale, eradicating siloes, rigidities and inefficiencies along the way, the company adds.
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