Relex Solutions training helps in providing software solutions for retail and supply chain optimization. Their platform typically includes tools for demand forecasting, inventory management, replenishment planning, and space optimization.

Why should you choose Nisa For Relex Solutions Training?

Nisa Trainings is the best online training platform for conducting one-on-one interactive live sessions with a 1:1 student-teacher ratio. You can gain hands-on experience by working on near-real-time projects under the guidance of our experienced faculty. We support you even after the completion of the course and happy to clarify your doubts anytime. Our teaching style at Nisa Trainings is entirely hands-on. You’ll have access to our desktop screen and will be actively conducting hands-on labs on your desktop.

Job Assistance

If you face any problem while working on Relex Solutions Course, then Nisa Trainings is simply a Call/Text/Email away to assist you. We offer Online Job Support for professionals to assist them and to solve their problems in real-time.

The Process we follow for our Online Job Support Service:

• We receive your inquiry for Online Job
• We will arrange a telephone call with our consultant to grasp your complete requirement and the tools you’re
• If our consultant is 100% confident in taking up your requirement and when you are also comfortable with our consultant, we will only agree to provide service. And then you have to make the payment to get the service from
• We will fix the timing for Online Job Support as mutually agreed by you and our consultant.

Course Information

Relex Solutions Training

Duration: 25 Hours

Timings: Weekdays (1-2 Hours per day) [OR] Weekends (2-3 Hours per day)

Training Method: Instructor Led Online One-on-One Live Interactive

Sessions.

COURSE CONTENT :

1. Introduction to Relex Solutions

• Overview of Relex Solutions
• Key features and modules of the platform
• Understanding the role of Relex in retail and supply chain management
• User interface and navigation basics

2. Demand Forecasting

• Introduction to Demand Forecasting:
  • Why demand forecasting is important for supply chain management.
  • Basic concepts of statistical forecasting models used by Relex.
• Forecasting Methods in Relex:
  • Understanding time series analysis.
  • Using machine learning and artificial intelligence to improve forecasts.
• Configuring Forecasting Settings:
  • Setting up forecast models.
  • Handling different types of products and data.
• Evaluating Forecast Accuracy:
  • Measuring forecast performance (e.g., Mean Absolute Percentage Error – MAPE).
  • Fine-tuning forecasts based on historical data.

3. Inventory Management

• Inventory Fundamentals:
  • Overview of inventory management concepts.
  • The importance of balancing supply and demand.
• Stock Coverage:
  • Setting up stock targets, safety stock levels, and inventory thresholds.
• Inventory Optimization:
  • How to minimize stockouts and excess inventory.
  • Dynamic replenishment strategies and managing seasonal demand.
• Inventory Replenishment:
  • Creating automatic replenishment orders.
  • Managing lead times and supplier coordination.
• Inventory Visibility:
  • Using Relex dashboards to track inventory levels.
  • Identifying slow-moving and high-risk inventory items.

4. Replenishment Planning

• Understanding Replenishment Logic:
  • How Relex calculates when and how much to reorder.
  • Introduction to multi-echelon and centralized vs. decentralized replenishment.
• Stock Movement and Replenishment Parameters:
  • Setting up min/max stock levels for each product.
  • Managing different replenishment parameters such as order frequency, economic order quantity (EOQ), etc.
• Order Generation and Supplier Management:
  • How to generate purchase orders and manage suppliers.
  • Integrating supplier lead times and response times into replenishment planning.

5. Space and Shelf Optimization

• Space Planning Fundamentals:
  • The importance of space optimization in retail.
  • Planning for optimal shelf and storage layouts.
• Using Relex for Space Optimization:
  • How Relex helps manage product placement for maximum sales potential.
  • Tools for simulating shelf configurations and monitoring space utilization.
• Store Level Optimization:
  • Managing different store formats (e.g., small, medium, large stores) and their space needs.
  • Aligning product placement with forecasted demand.

6. Analytics and Reporting

• Creating and Interpreting Dashboards:
  • Overview of Relex reporting tools.
  • Building custom dashboards and reports for key performance indicators (KPIs).
• Advanced Analytics:
  • Using analytics to track stock performance, sales data, and replenishment efficiency.
  • Understanding and using data-driven insights to optimize operations.

7. Advanced Configuration and Customization

• Advanced Configuration Settings:
  • Setting up and configuring Relex to suit business-specific needs.
  • Customizing workflows, alerts, and notifications within the system.
• Integration with Other Systems:
  • Integrating Relex with ERP systems, POS, and other third-party tools.
• Using Machine Learning for Improved Optimization:
  • Leveraging AI and machine learning for automated demand forecasting and replenishment.