Alex Lee subsidiary selects Retalix system
Lowes Foods Stores Inc, a subsidiary of Alex Lee Inc, will be implementing Retalix DemandAnalytX (DAX), a demand forecasting and order optimization application. Lowes Foods operates more than 100 grocery stores in North Carolina, South Carolina, and Virginia.
Retalix DemandAnalytX demand forecasting and computer-generated ordering tool is designed for retail grocery and convenience store chains. The application is built on data logic, demand logic, and order optimization. This process removes anomalies from the ordering process to create accurate orders and forecasts. The DAX system is web-enabled, and provides collaborative tools to improve product availability, inventory management, and overall supply chain efficiency.
Implementation of Retalix Demand AnalytX in Lowes Foods is expected to be completed in 2007.