The retailer moves to streamline its supply chain.

Lowe's is expanding its partnership with RELEX Solutions and Accenture to unify the company's inventory replenishment and allocation platform.

The partnership, per the company, aims to enhance efficiency, improve inventory availability and drive productivity across Lowe's stores, merchandising and supply chain operations.

The new initiative will see Lowe's expand its use of RELEX's AI-powered replenishment capabilities across its full assortment of products and nationwide network of stores and distribution centers. Additionally, Lowe's is partnering with Accenture to provide strategic support for integrating RELEX across its supply chain. The idea is to provide continuous visibility and automation across the end-to-end supply chain, per Lowe's.

RELEX's replenishment tech automates the complex process of ordering, which improves product availability, inventory productivity and streamlines planning to ensure depth of inventory.

RELEX also adds visibility into inventory performance and pinpoints the root causes of stockouts, enabling Lowe's teams to make more informed decisions across supply chain, merchandising and store operations.

"Expanding our use of RELEX accelerates Lowe's transformation toward a fully integrated, AI-driven inventory platform," said Margi Vagell, Lowe's Executive Vice President, Supply Chain. "By partnering with RELEX and Accenture, we will equip our teams with enhanced tools that help us respond more quickly to customer demand, improve product availability and deliver a better experience for our DIY and Pro customers."

"Lowe's expansion of RELEX is a strong example of how leading retailers are reimagining supply chains as engines for growth," said Keith Adams, Senior Vice President for North America at RELEX Solutions. "We are proud to support replenishment at scale, giving Lowe's the confidence and flexibility to execute on its Total Home strategy."

About RELEX Solutions
RELEX Solutions provides a unified, AI-native platform for retail and supply chain planning and is trusted globally for its consistently high customer satisfaction. RELEX helps retailers, manufacturers, and wholesalers optimize demand, inventory, merchandising, pricing, and supply and production planning to improve availability and efficiency at scale. Brands like ADUSA, Camco, Carhartt, COSMOS Pharmaceutical Corporation, Circle K, Dollar Tree and Family Dollar, Ford South America, M&S Food, PetSmart, Rituals, The Body Shop and Vita Coco trust RELEX to increase product availability, boost sales, deliver actionable insights, improve sustainability, and drive profitable growth. Learn more at: relexsolutions.com/customers
  
Source: RELEX Solutions