Unified supply chain and retail planning solutions provider, RELEX Solutions, has acquired supply chain planning and optimisation provider, Optimity. The acquisition will bolster the RELEX retail and supply chain platform with daily production planning, optimisation and production scheduling capabilities.

RELEX co-founder and group CEO, Mikko Kärkkäinen said, “The consumer goods industry is incredibly dynamic and complex. Acquiring Optimity will seamlessly link downstream demand with upstream planning, so consumer goods companies can more accurately predict consumer demand, optimise production plans and schedules, adjust inventory levels, and respond quickly to market changes or unexpected disruptions.

“This acquisition also further accelerates our vision towards an adaptive, autonomous and synchronised supply chain unifying demand and supply planning decisions in one platform to minimise all wasted cost and product. We warmly welcome the Optimity team to RELEX.”

Optimity offers a broad supply chain planning and optimisation solution specifically for manufacturers and distributors. Optimity enables customers to make supply chain decisions from strategic levels to detailed production scheduling with offerings including demand planning, production planning and scheduling, supply planning, distribution planning, inventory optimisation, and S&OP.

The acquisition enables RELEX to extend and deepen its production planning and supply chain optimisation capabilities, such as synchronised daily production planning, optimisation and scheduling in the food & beverage and manufacturing sector.

New or expanded capabilities within the RELEX unified retail and supply chain planning platform from Optimity include the ability to create optimised production plans from up-to-date forecasts, generate and manage optimised production schedules, rectify imbalances in distribution networks, gain complete distribution network visibility.

Optimity CEO, Christer Liden said, “Our depth in some of the most complex consumer goods industries like bakery, ready-made meals, protein production and industrial manufacturing complements the vast understanding of consumer demand that RELEX has, based on their impressive expertise managing more than $700 billion of demand in grocery alone. We are thrilled to join the RELEX team and further optimise the consumer goods value chain together.”