Innovation portfolio

RELEX Solutions

An artificial intelligence based technology to improve retail and supply chain planning and reduce waste.
Relex app is used in a grocery store

Status:

Unicorns

SDGs:

Industry, innovation and infrastructure

Industry:

ICT

Impact:

Sustainable systems

Origin:

-

School:

School of Science

Established:

2005

RELEX Solutions helps retailers, wholesale companies, and consumer packaged goods manufacturers align and optimize demand, merchandise, supply chain, and operations planning across the end-to-end value chain. Doing this enables our customers to increase their resiliency and efficiency in the consumer goods value chain. 

One of the main goals is to make the consumer goods value chain more efficient and reduce waste. Across the globe, food waste accounts for 8-10% of yearly global greenhouse gas emissions. We are proud of the fact our food retail and wholesale customers are typically able to cut their food waste by 10-40%. 

In 2022, RELEX helped food retail customers worldwide save an estimated 220 million kg of food waste across the supply chain thanks to more accurate forecast and inventory optimization. This amount is the equivalent of more than 750,000 tons of CO2, which is an increase of over 20% in food waste savings over the previous year.  

RELEX also reduced transport emissions across the supply chain through more accurate planning and optimized deliveries.  

Johanna Småros, Michael Falck and Mikko Kärkkäinen are School of Science’s alumni of the year 2023

The trio have grown software company Relex into a billion-dollar unicorn in just under two decades

Read more
SCI:n vuoden alumnit

News from innovation ecosystem

""
Studies, University Published:

Every Step Brings You Closer to the Summit – Join UniSport’s Mount Everest Challenge in HeiaHeia

Students and staff of Aalto University celebrate this year’s Stair Days with a shared journey towards the summit of Mount Everest. UniSport’s new HeiaHeia wellbeing app inspires everyday physical activity, makes wellbeing actions visible and brings the whole community into a shared challenge.
Promotional image for the 100STARTUPS event
University Published:

Turn your idea into impact with 100STARTUPS, October 21-22

In October, we bring together students, job seekers, creators, dreamers, and future founders to learn the right tools and methods to start building what you always wanted to bring to life.
Aalto-yliopiston kampus Otaniemessä
University Published:

The Sustainability Highlights brochure compiles the sustainability actions promoted at the School of Business

The brochure provides a clear picture of what has already been achieved and which issues we will continue to promote
Participants in the Inventors programme sit on yellow beanbags and wooden blocks in a modern room, listening to a talk in the AGrid building at Aalto campus.
Cooperation Published:

Holdix donates one million euros to Aalto University’s innovation and entrepreneurship activities

With the help of donation, researchers assess the business potential of their work and build capabilities for commercialising research-driven inventions.
  • Updated:
  • Published:
Share
URL copied!