RELEX Solutions and Accenture to Help Lowe’s Enhance Inventory Planning
08 March 2024 - 1:00AM
Business Wire
RELEX Solutions, provider of unified supply chain and retail
planning solutions, and Accenture (NYSE:ACN) are working with
Lowe’s Companies, Inc., (NYSE: LOW) to support its seasonal
inventory planning. This collaboration will bring together
delivery, advisory, and industry experience from Accenture, with
the RELEX AI-driven technology.
“Our selection of RELEX was driven by their proven expertise in
the home improvement retail sector. We were particularly impressed
by their advanced, AI-driven approach and the flexibility of their
inventory management systems,” said Camille Fratanduono, Senior
Vice President of Inventory, Replenishment and Planning at Lowe’s.
“RELEX is well-known for their automation capabilities and
exceptional dashboard. Working with both RELEX and Accenture aligns
with our ongoing commitment to leveraging innovative solutions to
enhance our business processes."
RELEX Senior Vice President for North America, Keith Adams,
commented, "This collaboration marks a milestone in the RELEX
journey and the start of our strategic partnership with Accenture.
Our deep experience in the home improvement retail sector proves
how our AI-driven solutions are designed to cater to the unique
demands of large-scale retail operations, in order to ensure
optimal inventory levels and improve customer satisfaction. This
announcement reflects our commitment to delivering top-tier
solutions and supports our vision of becoming the go-to provider
for inventory optimization in diverse retail settings."
Jill Standish, global lead of Accenture’s Retail industry
practice, said: “Agile, digital supply chain networks can drive
growth and profitability in challenging times of ongoing
disruption. Together with RELEX, we are helping companies like
Lowe’s on a journey to improve operational agility and
responsiveness to meet customer expectations.”
About RELEX Solutions
RELEX Solutions provides a unified supply chain and retail
planning platform that aligns and optimizes demand, merchandising,
supply chain, operations, and production planning across the
end-to-end value chain. We help retailers and consumer goods
companies like ADUSA, AutoZone, Coles, Dollar Tree and Family
Dollar, M&S Food, PetSmart, and The Home Depot drive profitable
growth across all sales and distribution channels, leading to
higher product availability, increased sales, and improved
sustainability. Learn more at:
https://www.relexsolutions.com/customers/
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading businesses, governments and other
organizations build their digital core, optimize their operations,
accelerate revenue growth and enhance citizen services—creating
tangible value at speed and scale. We are a talent- and
innovation-led company with 743,000 people serving clients in more
than 120 countries. Technology is at the core of change today, and
we are one of the world’s leaders in helping drive that change,
with strong ecosystem relationships. We combine our strength in
technology and leadership in cloud, data and AI with unmatched
industry experience, functional expertise and global delivery
capability. We are uniquely able to deliver tangible outcomes
because of our broad range of services, solutions and assets across
Strategy & Consulting, Technology, Operations, Industry X and
Song. These capabilities, together with our culture of shared
success and commitment to creating 360° value, enable us to help
our clients reinvent and build trusted, lasting relationships. We
measure our success by the 360° value we create for our clients,
each other, our shareholders, partners and communities. Visit us at
www.accenture.com.
About Lowe's
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 16 million customer
transactions a week in the United States. With total fiscal year
2023 sales of more than $86 billion, Lowe’s operates over 1,700
home improvement stores and employs approximately 300,000
associates. Based in Mooresville, N.C., Lowe’s supports the
communities it serves through programs focused on creating safe,
affordable housing and helping to develop the next generation of
skilled trade experts. For more information, visit Lowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240307717013/en/
Jolene Peixoto VP of Communications RELEX Solutions
jolene.peixoto@relexsolutions.com
Tara Burns Accenture +44 7850 435 158
tara.burns@accenture.com
Accenture (NYSE:ACN)
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