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Siam Makro selects RELEX Solutions tech for demand forecasting

May 31, 2022

Siam Makro, an operator of wholesale grocery in Thailand, is partnering with RELEX Solutions for a project involving omnichannel demand forecasting across its enterprise. The RELEX tech will service Siam Makro’s 150+ stores as well as its distribution network throughout Thailand, with the aim of driving improvements in forecast visibility, granularity, and accuracy across all stores and sales channels. We're happy to welcome Siam Makro, the leading operator of wholesale grocery in Thailand, to the RELEX family! The partnership with RELEX will help Siam Makro optimize their omnichannel demand forecasting across 150+ stores and the distribution network. https://t.co/tC8ldllZHK— RELEX Solutions (@RelexSolutions) May 30, 2022 Siam Makro operates a variety of store formats and an online channel for its B2B customer base which includes grocery retailers, hotels, restaurants, and corporations. Like any wholesale company, it carries a broad assortment and has diverse customers — from large hotels to independent cafes — with very different needs and behaviours. Siam Makro needed to be able to account for that diversity when forecasting for stores and other sales channels. It says that it selected RELEX to provide an automated approach that would save time and labour costs as well as provide higher level visibility and longer forecast horizons for suppliers. “We were very impressed with RELEX’s record for success in the wholesale sector,” says Paul Howe, CIO at Siam Makro. “We see forecasting as an important foundation for unifying and optimizing our planning processes across our business” “Operating on a single view of demand is critical to effective planning with our internal teams and suppliers. RELEX provides this for us and enables us to support our current stores and omnichannel growth.”“Siam Makro is a significant player across Thailand, and we are excited to have this partnership,” says Frank Lord, RELEX Chief Revenue Officer. “From the beginning, both our teams were aligned in providing Siam Makro with the ability to apply a single forecast across all planning processes.”“We are proud of our collaboration and the forecast accuracy improvements we have provided so far. The teams on both sides are looking forward to continuing the journey together.” Sign up for the free RTIH retail tech newsletter. Retail Technology Innovation Hub JUST IN: @Prada has announced its first solo NFT drop. The brand is planning more drops, following its first foray… https://t.co/41ANwAOBgg May 30, 2022, 5:34 PM Retail Technology Innovation Hub Last week’s biggest #retailtech plays at a glance, including @Adyen @parcellab_en @tryzapp @trylolli @CegidFrance… https://t.co/2cRe39wbRf May 30, 2022, 2:45 PM Retail Technology Innovation Hub The @MandSnews Macclesfield store teams’s TikTok has hit 13.8k followers, with their latest video engaging 2.6 mill… https://t.co/iE1ZUquvws May 30, 2022, 2:41 PM Retail Technology Innovation Hub Top 10: last week’s most popular RTIH #retailtech articles, including @tryzapp @Sensei_tech @vivcraske @getir… https://t.co/MFZl5WnuA1 May 30, 2022, 11:28 AM Retail Technology Innovation Hub UK-based synthetic computer vision startup @Neurolabs1 has announced a $3.5 million seed round led by LAUNCHub Vent… https://t.co/abp61ibpYD May 30, 2022, 10:48 AM Retail Technology Innovation Hub As energy bills, fuel and food prices continue to climb, more UK consumers are turning to second hand shopping and… https://t.co/bcDssOQlAk May 30, 2022, 9:08 AM Retail Technology Innovation Hub Customers would most like to see future City Centre malls as #retailtech centric spaces that offer food, health and… https://t.co/GxOje9deMu May 30, 2022, 9:06 AM Retail Technology Innovation Hub Ocado Beyond, Ocado Solutions’ flagship annual product event and conference exclusive to its C-level and senior OSP… https://t.co/MtXTfZ22s6 May 30, 2022, 9:04 AM

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