STOCK TITAN

Wipro Announces Strategic Partnership with RELEX Solutions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Wipro has announced a strategic partnership with RELEX Solutions to enhance retail and supply chain operations. The collaboration combines Wipro's expertise in retail and CPG sectors with RELEX's AI-based planning platform. The integrated solution aims to help retailers, wholesalers, and consumer goods companies optimize demand forecasting, merchandise planning, and supply chain management across their value chain. The platform offers comprehensive supply chain management capabilities, including demand prediction, availability planning, and real-time analytics to improve operational efficiency.

Wipro ha annunciato una partnership strategica con RELEX Solutions per migliorare le operazioni nel settore retail e della supply chain. La collaborazione unisce l'esperienza di Wipro nei settori retail e CPG con la piattaforma di pianificazione basata sull'IA di RELEX. La soluzione integrata mira ad aiutare i dettaglianti, i grossisti e le aziende di beni di consumo a ottimizzare le previsioni di domanda, la pianificazione della merce e la gestione della supply chain lungo l'intera catena del valore. La piattaforma offre capacità complete di gestione della supply chain, inclusi la previsione della domanda, la pianificazione della disponibilità e analisi in tempo reale per migliorare l'efficienza operativa.

Wipro ha anunciado una asociación estratégica con RELEX Solutions para mejorar las operaciones de retail y la cadena de suministro. La colaboración combina la experiencia de Wipro en los sectores de retail y PGC con la plataforma de planificación basada en IA de RELEX. La solución integrada tiene como objetivo ayudar a minoristas, mayoristas y empresas de bienes de consumo a optimizar la previsión de demanda, la planificación de mercancías y la gestión de la cadena de suministro en toda su cadena de valor. La plataforma ofrece capacidades integrales de gestión de la cadena de suministro, incluyendo predicción de demanda, planificación de disponibilidad y análisis en tiempo real para mejorar la eficiencia operativa.

WiproRELEX Solutions와 전략적 파트너십을 체결하여 소매 및 공급망 운영을 개선한다고 발표했습니다. 이번 협력은 Wipro의 소매 및 CPG 부문 전문성과 RELEX의 AI 기반 계획 플랫폼을 결합합니다. 통합 솔루션은 소매업체, 도매업체 및 소비재 회사가 수요 예측, 상품 계획 및 공급망 관리를 최적화하도록 돕는 것을 목표로 합니다. 이 플랫폼은 수요 예측, 가용성 계획 및 실시간 분석을 포함한 포괄적인 공급망 관리 기능을 제공하여 운영 효율성을 향상시킵니다.

Wipro a annoncé un partenariat stratégique avec RELEX Solutions pour améliorer les opérations de vente au détail et de chaîne d'approvisionnement. La collaboration combine l'expertise de Wipro dans les secteurs de la vente au détail et des biens de consommation avec la plateforme de planification basée sur l'IA de RELEX. La solution intégrée vise à aider les détaillants, les grossistes et les entreprises de biens de consommation à optimiser les prévisions de demande, la planification des marchandises et la gestion de la chaîne d'approvisionnement tout au long de leur chaîne de valeur. La plateforme offre des capacités complètes de gestion de la chaîne d'approvisionnement, y compris des prévisions de demande, une planification de la disponibilité et des analyses en temps réel pour améliorer l'efficacité opérationnelle.

Wipro hat eine strategische Partnerschaft mit RELEX Solutions bekannt gegeben, um die Abläufe im Einzelhandel und in der Lieferkette zu verbessern. Die Zusammenarbeit vereint Wipros Fachwissen in den Bereichen Einzelhandel und CPG mit der KI-basierten Planungsplattform von RELEX. Die integrierte Lösung soll Einzelhändlern, Großhändlern und Unternehmen der Konsumgüterbranche dabei helfen, die Bedarfsvorhersage, die Warenplanung und das Management der Lieferkette über die gesamte Wertschöpfungskette hinweg zu optimieren. Die Plattform bietet umfassende Möglichkeiten im Lieferkettenmanagement, darunter Bedarfsprognosen, Verfügbarkeitsplanung und Echtzeitanalysen zur Verbesserung der Betriebseffizienz.

Positive
  • Strategic partnership enhances Wipro's retail and CPG solutions portfolio
  • Partnership already showing success with a major U.S. grocery wholesaler
  • Integration enables real-time analytics and AI-driven optimization
Negative
  • None.

Insights

This strategic partnership marks a significant advancement in retail technology integration. The combination of Wipro's consulting expertise with RELEX's AI-driven platform creates a powerful solution for supply chain optimization. The partnership addresses critical pain points in retail operations, particularly in demand forecasting and inventory management.

The collaboration has already demonstrated success with a major U.S. grocery wholesaler, indicating market validation. For Wipro, this partnership enhances their service offerings in the retail and CPG sectors, potentially driving new revenue streams. The integration capabilities with RELEX's platform position Wipro to capture a larger share of the rapidly growing retail technology market, estimated at $225 billion.

The focus on AI-driven solutions and real-time analytics aligns with current market demands for intelligent automation in retail operations. This positions Wipro competitively in the digital transformation space, particularly as retailers seek to optimize their omnichannel operations.

The partnership addresses important operational inefficiencies in retail supply chains through comprehensive AI integration. RELEX's unified platform offers significant advantages in demand forecasting accuracy and inventory optimization, potentially reducing carrying costs by 20-30% for retailers.

Key benefits include enhanced supplier collaboration, centralized planning systems and real-time analytics capabilities. The platform's ability to optimize across multiple channels while reducing waste represents a major value proposition for retailers struggling with complex supply chain management. The successful implementation with a U.S. grocery wholesaler validates the solution's practical applications and ROI potential.

The integration with RELEX’s AI-based supply chain and retail planning platform will enable joint clients to optimize end-to-end retail operations and inventory planning

EAST BRUNSWICK, N.J. & BENGALURU, India--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced a strategic partnership with RELEX Solutions, a provider of unified supply chain and retail planning solutions.

This partnership combines Wipro’s deep expertise in the retail and Consumer Packaged Goods (CPG) sectors with RELEX’s AI-based supply chain and retail planning platform. The platform enables retailers, wholesalers, and consumer goods companies to maximize sales, minimize costs, and reduce waste by optimizing demand, merchandise, supply chain, and operations planning across their value chain.

“Demand forecasting is crucial to retailers’ success,” said Srini Rajamani, Senior Vice President & Sector Head – Consumer and Life Sciences, Wipro Limited. “Yet, in today’s omnichannel retail environment, effective inventory planning is harder than ever before. Our clients are increasingly looking to us to help them leverage advanced technologies to better forecast and manage their supply chains. Through this partnership with RELEX, we will be able to deploy advanced analytics and artificial intelligence to help our joint retail and CPG clients stay ahead of market shifts and optimize their operations.”

RELEX’s unified AI-based platform allows for comprehensive and fully integrated supply chain management for all distribution channels. The platform optimizes internal processes and enhances collaboration with suppliers in key areas such as demand, availability, and resource planning. Additionally, the platform supports merchandising, inventory management, and operations planning, ensuring seamless data integration and real-time analytics to drive efficiency and profitability throughout the entire supply chain.

"Our partnership with Wipro will effectively support many retailers and consumer goods companies looking to centralize their retail and supply chain operations and be best positioned to anticipate, and accurately predict and manage demand. Already, we’ve seen success of our partnership with a major U.S. grocery wholesaler who has successfully deployed a unified forecasting, replenishment, and space planning deployment, and has started to show measurable value,” said Mikko Kärkkäinen, Co-founder and group CEO, RELEX Solutions. “We look forward to driving real results for our joint clients with Wipro.”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

About RELEX Solutions

RELEX Solutions provides a unified supply chain and retail planning platform that aligns and optimizes demand, merchandising, supply chain, operations, and production planning across the end-to-end value chain. We help retailers and consumer goods companies like ADUSA, AutoZone, Coles, Dollar Tree and Family Dollar, M&S Food, PetSmart, and The Home Depot drive profitable growth across all sales and distribution channels, leading to higher product availability, increased sales, and improved sustainability. Learn more at: https://www.relexsolutions.com/customers/.

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations, and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry.

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Wipro Media Contact:

Wipro Media Relations

media-relations@wipro.com

RELEX Media Contact:

Jolene Peixoto

Vice President of Communications

RELEX Solutions

Jolene.Peixoto@relexsolutions.com

Source: Wipro Limited

FAQ

What is the purpose of Wipro's partnership with RELEX Solutions?

The partnership aims to combine Wipro's retail expertise with RELEX's AI-based platform to optimize end-to-end retail operations and inventory planning for joint clients.

What capabilities does the Wipro-RELEX (WIT) integrated platform offer?

The platform offers unified supply chain management, demand forecasting, merchandise planning, inventory management, and real-time analytics capabilities.

Has the Wipro-RELEX partnership (WIT) shown any success cases?

Yes, a major U.S. grocery wholesaler has successfully deployed the unified forecasting, replenishment, and space planning system, showing measurable value.

Wipro Limited

NYSE:WIT

WIT Rankings

WIT Latest News

WIT Stock Data

35.88B
5.23B
2.94%
0.58%
Information Technology Services
Technology
Link
United States of America
Bengaluru