December 21, 2017
Saving money and reducing waste
A Change Should and Will Be Coming Soon
We founded RELEX after doing years of research into supply chain with lots of focus on retail forecasting and replenishment. Back in 2004, before founding the company with me and Michael Falck, Johanna Småros was leading a pan-European research effort to chart the state of retail supply chain planning in the main European markets. The key finding was that even though the largest grocery retailers had been making progress in automated or computer assisted ordering, during the most challenging demand periods – promotions and high seasons – and with the most difficult product groups – the fresh lines were ordered manually.
More surprisingly, more than a decade on, this is still very common. Even large retailers often fall back on manual ordering with the freshest product lines. It is for a big part because it is a very difficult category to manage well, demanding simultaneous optimisation of day-level forecasts and inventory management parameters, as well as spoilage simulation, margin and spoilage balancing. The improvement potential is however immense, and that I see as a huge call to action. There is a real possibility of achieving something that will be of benefit to retailers, consumers and even the environment.
If, for example, we take the average spoilage reductions our customers have achieved across the countries in which we operate and we apply those averages to the food waste generated by Europe’s retail chains – we see that there is a potential for waste reduction comparable with the food consumption of the whole of Canada! Furthermore the resulting reductions in CO2 emissions would meet over 10% of the EU’s 2020 reduction targets. And this significant environmental benefit would be achieved at the same time as improving retailers’ bottom lines and offering consumers fresher food. I think a change should – and will – be coming soon, as the need for change is so apparent.
If you wish to join us at RELEX in driving this change, let us know, and we’ll talk more!
Mikko is the Group CEO and was the driving force behind the company’s inception. He is responsible for RELEX’ day-to-day operations and relationships with customers, and is famous for his shameless laugh. Mikko relaxes by playing sports and is a keen cyclist and tennis player. However, his most time-consuming hobby is cross-country skiing and he’s even completed the gruelling 440km “Border to Border” race across northern Finland.
Erfahrungen aus erster Hand
Lerne die RELEX-Kultur kennen: KollegInnen berichten in Blogposts über ihren Karriereweg, unsere Technologie, Kultur und weitere spannende Themen.
May 2, 2018 Remote Working Week in Malaga Jobs bei RELEX » Blog » "We should organize a remote working week somewhere warm" I recently said these words out loud at the office. One month later, we're standing at the airport with 12 other RELEXians ready to...
April 10, 2018 Being a working mom at RELEX Jobs bei RELEX » Blog » Paving the way for a more family-friendly working culture When I first sent my CV to RELEX, I was a bit scared. I'm a mom of an 8-year old girl so I wasn't sure whether it would be a good...
March 6, 2017 Why Do We Use Haskell? Jobs bei RELEX » Blog » Since 2016, RELEX has had Haskell (and some Elm) deployed in production. The experience has been extremely positive: a team of only a few people used Haskell to build useful, reliable and...