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Stock impact report

Lowe's taps tech to unify inventory planning, replenishment [Yahoo! Finance]

United Natural Foods, Inc. (UNFI) 
Last united natural foods, inc. earnings: 3/11 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lowe's is scaling its use of artificial intelligence to unify and optimize its end-to-end inventory management. The retailer is expanding its partnership with Relex Solutions, combining Lowe's in-house supply chain technology with Relex's capabilities to connect forecasting, replenishment and allocation, Camille Fratanduono, Lowe's SVP of inventory replenishment and planning, said in an email to Supply Chain Dive. Using a single AI-driven platform will enable Lowe's to better analyze demand trends as well as manage inventory positions across its network. The retailer initially implemented Relex allocation technology in 2024 Relex's replenishment capabilities aim to automate ordering processes to help streamline planning operations, per a March 18 press release from the tech company . The visibility also aims to pinpoint the root cause of stockouts to help Lowe's make more informed decisions across its supply chain “That visibility translates into clear, actionable recommendatio Show less Read more
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