Tag: RELEX Solutions

More than 70 organisations – including Unilever, WWF and Wrap – have signed an open letter urging businesses and global leaders to “acknowledge the critical role of food systems in achieving the goals of the Paris Agreement”.  “It is important not to overlook the role of retail supply chains in global food systems,” comments Svante Gothe, Head of Sustainability at RELEX Solutions. According to a report by The Grocer, supermarkets throw away 277,000 tonnes of edible food annually in the UK alone. In fact, it’s estimated that the UK’s total…

Read More

Sustainability has become a paramount focus in wholesale – yielding substantial cost savings. This is according to Mikko Kärkkäinen, CEO of RELEX Solutions. Regulatory pressures are mounting on wholesale companies to embrace sustainability. Increasingly, non-compliance results in fines and non-sustainable materials are subject to higher taxes.  In various regions, including Northwestern Europe, companies are obligated to report on their sustainability practices and reduce their carbon footprint, with non-compliance leading to fines and reputational damage. For instance, in 2022, the UK introduced a tax on plastic packaging containing less than 30% recycled content.…

Read More

A new report by RELEX Solutions, provider of unified supply chain and retail planning solutions, has found that in the last year, the company’s AI-driven solutions helped RELEX food retail customers worldwide save a combined estimated 11 million kg of food waste across the supply chain thanks to more accurate forecast and inventory optimization – the equivalent of more than 35,000 tons of CO2. The figures in the RELEX Solutions 2023 Sustainability Report represent an increase of over 20 percent in food waste savings over the previous year. By enabling…

Read More