RELEX Solutions

We announced today that Blackstone and TCV have increased their investment in RELEX. The transaction represents an exit for original RELEX investor Summit Partners, which initially invested in the company in 2015. Blackstone and TCV first invested in RELEX in 2022 and 2019, respectively. Blackstone and TCV’s additional investment underscores their conviction in RELEX’s growth trajectory, and reaffirms their commitment to supporting the company’s strategy, which includes expanding its addressable market into the consumer packaged goods (CPG) and manufacturing sectors, following the acquisition of Optimity earlier this year. “We are deeply grateful to Summit Partners for their decade-long commitment to RELEX. The firm’s support of our vision and strategy has been instrumental in our transformation and growth into new markets and new regions," said Mikko Kärkkäinen, Group CEO and Co-founder of RELEX Solutions. “As we look ahead to the next chapter, we are thrilled to have Blackstone and TCV reinvest in RELEX. Our partnership is based on a shared commitment to our customers and building a very happy customer-base.”    Read more in our press release: https://lnkd.in/dNb_tbyK #supplychain #investment

Proposed tariffs could have significant implications for supply chains and consumer prices. Madhav Durbha, Group VP of CPG and manufacturing, at RELEX, shares insights in Fox Business on the potential impacts and what businesses should consider moving forward. Read more: https://lnkd.in/dCmR2t3Q

❄️ Luminous news: Lumene expands use of RELEX Lumene Group, the prominent Finnish beauty company, is expanding their use of RELEX by implementing full supply planning capabilities including master production planning and production scheduling. They will also migrate to machine learning based forecasting, building on the foundation of demand planning capabilities implemented in 2014. This latest implementation will enable Lumene to achieve end-to-end supply chain planning. Read more about our journey with Lumene: https://lnkd.in/d9knpRRs #beauty #supplychain #machinelearning 

Brussles: yay or nay? Whether your holiday meal is or isn't complete without them, one thing that's not on the menu is food waste. Our Head of Sustainability Svante Göthe was interviewed by Logistics Business on how AI and machine learning can help reduce food waste and turn sustainability into an practice. https://lnkd.in/dMud7ECR #foodwaste #ai #sustainablebusiness

Just one more month until NRF 2025! See what we’ve got in store for the retail event of the year and pick your must-attends. Big Ideas panel: RELEX CEO and Co-founder Mikko Kärkkäinen moderates a panel of speakers from C&S Wholesale Grocers, Family Dollar/Dollar Tree, and Lowe's Companies, Inc. 🔔 Jan. 13 | 11:45 am-12:15 pm | Level 3, Stage 5. Relax with RELEX event: the unforgettable, unmissable rooftop event for retailers and CPGs 🔔Jan. 13, 6:30-9:00 pm | The Versa. Remember to request to attend!  RELEX and Accenture breakfast panel: exclusive breakfast panel focused on growing your business profitably using AI/ML technology 🔔 Jan. 14, 8:30-10:30 am | Accenture Office Interactive demos: Choose between interactive journeys focused on the RELEX unified platform and discover how RELEX leverages AI 🔔 Booth #5030 Learn more about RELEX at NRF: https://lnkd.in/gM9Z6qnm Press release: https://lnkd.in/drMUMRSd #NRF2025 #SupplyChain #AI 

RELEX Talks continues with Season 2 in 2025! 🎇  2024 has been the first year of our monthly LinkedIn Live series. It’s been met with great enthusiasm from our customers and partners alike, and we’re all set for Season 2 in 2025. “I love talk shows. They’re such a great way to get to hear from people you otherwise wouldn’t, and hear interesting stories,” says Casey McSherry, host of RELEX Talks. “We’ve got great guests and topics lined up for 2025 and I can’t wait to introduce all the new stuff we’ve been working on!” RELEX Talks is live on the second Wednesday of every month. Follow us to get notified of our upcoming shows and join live to interact with our industry-leading guests or catch us on demand for unmissable retail and CPG insights!    #supplychain #retail #relextalks 

🚂 New customer: Grupo Juguetron Enhancing efficiency and customer experience will be child’s play for Juguetron, Mexico’s largest toy retailer, as they take into use RELEX advanced demand forecasting and replenishment capabilities. The RELEX solution will service Juguetron’s distribution center and 114 stores across Mexico. Read more about Juguetron and how they will implement RELEX: https://lnkd.in/dNyc39Jq #supplychain #AI #demandplanning 

The full video with Madhav Durbha is out! Madhav is the Group Vice President of Industry Strategy at RELEX, bringing deep expertise in driving innovation and building partnerships that solve complex industry challenges. The video showcases Madhav's thoughts on RELEX’s unique culture, opportunities for growth, and the innovative work that drives real-world impact.  Our Group Vice President of Industry Strategy, shares his thoughts on: 💡 The power of collaboration and respectfully challenging ideas.  🚀 Opportunities to learn and grow in a fast-paced environment.  🤝 Building real partnerships with customers to tackle challenges. Whether you’re curious about our culture or passionate about driving real-world impact, this video dives deep into what makes RELEX such a special place to work. 🎬 Watch the full video! #BeRELEX #Growth#GoToMarket 

Culture eats strategy for breakfast. That’s why in the first episode of the Happy new year of 2025, RELEX Talks discusses culture – and not just any culture, but the company culture of a global software company with Finnish roots! 🎆☃️ Finland is consistently ranked as the happiest country in the world. Does that show in the culture of RELEX? To discuss this topic are the people best suited to analyze it: our RELEX colleagues Amanda Mosseri Oren, Osaiasi Katiloka Foleti, and Tom Strauss, hosted by RELEX Talks host (and RELEXian) Casey McSherry. Tune in on Wednesday, January 8 at 10 am Eastern | 3 pm GMT to ask your burning (or in Finland’s case, freezing) questions live. You can always catch us on demand – and follow us on LinkedIn to get reminders of our monthly show! #RELEXTalks #SupplyChain #CompanyCulture

New customer: Thalia Bücher GmbH 📚 Thalia Bücher, the leading bookseller in German-speaking countries, has selected RELEX to optimize its supply chain processes. RELEX's AI-driven forecasting and replenishment software will help the bookseller with over 500 stores in the German-speaking region reach their goal of improving the availability of books and merchandise in their stores and distribution centers. The project will be delivered with Capgemini Invent, a RELEX partner. Read more about Thalia Bücher and how they will implement RELEX: https://lnkd.in/d-mwRqXZ #books #supplychain #dach