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Investegate |MAGNIT PJSC Announcements | MAGNIT PJSC: Magnit Begins Large-Scale Supply Chain Transformation

MAGNIT PJSC (MGNT)
16-Dec-2020 / 11:45 MSK
The issuer is solely responsible for the content of this announcement.
Press-Release | Krasnodar | December 16, 2020

Magnit Begins Large-Scale Supply Chain Transformation
The Company will implement a unified automated forecasting and replenishment system for all store formats, product categories, and distribution centers with the help of Relex Solutions platform. This world-class AI-enabled software will encompass all functions of goods distribution, significantly increasing transparency of operations and helping flexibly adapt various processes in line with the Company s development.
Krasnodar, Russia (December 16, 2020): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia s leading retailers, has started implementing a unified forecasting and replenishment (F&R) system built upon a cloud-based platform from Relex Solutions. It will be the largest project in Russian logistics and one of the most e ....

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