bp upgrades UK supply chain with AI implementation
Published on: Nov 7, 2023
The company is aiming to maximize product availability and minimize food waste across its network by partnering with RELEX Solutions.
bp is upgrading its UK convenience retail business’ supply chain by investing in digital and AI-powered solutions.
The company has recently signed an agreement with RELEX Solutions to implement their forecasting and replenishment capabilities across its network. This will support supply chain planning across bp’s over 300 company owned retail sites and Wild Bean Cafes in the UK.
The platform leverages AI to provide in-depth forecasting and analytics to anticipate and meet fluctuations in customer demand.
“Supply chain optimization is critical for bp’s convenience growth ambitions. Our strategy is to offer customers on the move with quality food and coffee at our network of convenient roadside locations. With the RELEX platform, we’re aiming to strike the balance between maximizing availability and minimizing food waste - optimizing each stage of the supply chain from the warehouse to the store, so that our customers can always rely on us for what they want, when and where they want it,” said Jo Hayward, VP for convenience in Europe at bp.
The company aims to keep up with customer trends, as it identifies half of its customers in the UK now visit stores on a food-only mission, rather than for fuel-only or food and fuel. Following the UK rollout, the use of the RELEX Solutions platform will potentially be expanded to more of bp’s 3,300 company owned retail sites across Europe.
