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Solteq acquires majority share of Analyteq Oy

Solteq has acquired a majority share majority of Analyteq Oy, which provides a stock replenishment service based on demand forecasting and an analytics service based on supply chain management.

The company works in close cooperation with the software company Relex Solutions.
 
“In practice, the analytics service for stock replenishment enables, if so desired, outsourcing the replenishment ordering completely to us – this is an issue that has previously constituted a highly sensitive area of business. In addition, we have – among the first companies in Europe – enabled automating the ordering of fresh produce to stores by lowering product wastage on the one hand, and by improving availability on the other,” says Tuomas Brunou, of Analyteq Oy.
 
“With the entry of Solteq as one of the owners of Analyteq, we have a great asset in developing our business. We now have experts of a very extensive product and service portfolio sitting at the same table, and producing more synergy benefits for the customers is inevitable. One example is a vision of the seamless integration of ERP, cash, and online store systems with systems supporting stock replenishment and selection management. This is further enhanced by service production that includes advanced analytics to optimise the delivery chain,” says Ilkka Brander, director in charge of Solteq’s customer solutions.
 
Solteq owns 51 per cent of Analyteq Oy’s share capital, and Tuko Logistics Osk has a share of 49 per cent. 

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