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Spoilage Down

Increasing the efficiency of European food supply chain through in-memory supply chain planning

Total Cost €

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EC-Contrib. €

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Partnership

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Project "Spoilage Down" data sheet

The following table provides information about the project.

Coordinator
RETAIL LOGISTICS EXCELLENCE - RELEX OY 

Organization address
address: POSTINTAIVAL 7
city: HELSINKI
postcode: 230
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website http://www.relexsolutions.com/horizon-2020/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-02-01   to  2015-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    RETAIL LOGISTICS EXCELLENCE - RELEX OY FI (HELSINKI) coordinator 50˙000.00

Map

 Project objective

RELEX has built an innovative supply chain management solution for the demand forecasting and inventory optimisation of retailers and wholesalers. Unlike traditional supply chain management solutions, RELEX’s is built on a unique columnar in-memory database and uses optimisation algorithms based on the supply chain research of the company founder. As a result, it is less costly, more flexible and much faster than traditional disc-based solutions. RELEX’s main future challenge is to develop the solution’s functionalities and scalability to better serve food retail and wholesale sectors, where the business benefits are the greatest, and develop a marketing and deployment process and organisation to support rapid internationalisation. The project enhances RELEX’s capabilities to address the whole European food supply chain market. When launched, the solution will enable food retailers and wholesalers throughout the EU to decrease spoilage, increase profits and improve customer service. In the EU scope, spoilage reduction would amount to 11–30 million tonnes p.a. This would reduce CO2 emissions by 22–60 million tonnes. The same challenges in food supply chains not limited to the EU, hence the innovation has potential for a global reach. In the feasibility assessment we will 1) prioritize product development requirements for maximum market impact by listing development options and rating them with (prospective) customers, 2) generate a market entry plan based on macro level data on numbers and company sizes of food retailers and wholesalers in EU countries, 3) select the best way for scaling up the processing capacity by evaluating product development needs for using clustered servers or public cloud server capacity and comparing cost structures of these options, and 4) generate a feasibility study with a business plan that takes into account corporate finance questions, based on which the larger main project can be realized e.g. by the SME instrument Phase 2 funding.

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The information about "SPOILAGE DOWN" are provided by the European Opendata Portal: CORDIS opendata.

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