The move will increase sales and retail profits while maintaining Grove’s focus on product availability and operational efficiency.
Grove Collaborative has partnered with Relex Solutions to streamline its forecasting, replenishment and pricing capabilities. The collaboration is grounded in a mutual commitment to sustainable retail operations, aiming to address the unique challenges faced by ecommerce businesses such as Grove.
Grove is set to improve its operations by using Relex’s system for better demand forecasting, inventory control, bulk purchase planning, and pricing and promotion management.
This integrated retail planning system is expected to increase sales and profits while maintaining Grove’s focus on product availability, operational efficiency and environmental sustainability.
Grove Collaborative Merchandising and Ecommerce Vice-President, Jennifer Pann, said, “As we continue to grow, we need smarter ways to manage inventory planning complexity without losing sight of what matters most — serving our customers with vetted, trusted essentials and staying true to our values.”
“Relex brings the tools and expertise to help us plan more efficiently and responsibly, so we can deliver on both our promise to customers and our commitment to both sustainability and personal health.”
The shift from manual to automated, data-driven planning through Relex will provide Grove with enhanced visibility and a better balance between supply and demand, leading to more effective promotions and a robust, sustainable customer experience.
Relex Solutions, Chief Revenue Officer, Frank Lord, said, “Our unified solutions are built to help brands, retailers and manufacturers improve both their supply chains and bottom line, and we’re excited to help Grove do exactly that.”
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