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
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241105052766/en/
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
Grafico Azioni Wipro (NYSE:WIT)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Wipro (NYSE:WIT)
Storico
Da Feb 2024 a Feb 2025
