Replan Secures £2m Investment Led by Hoxton Ventures to Launch Revolutionary Production Planning Software


LONDON–(BUSINESS WIRE)–Supply chain technology company, Replan, today announced a £2 million investment round, led by leading early-stage venture capital firm Hoxton Ventures in London, to support the launch of transformative new production planning software for manufacturers. The tool is the first of its kind to combine dynamic production sequences with group-level medium-term planning, enabling companies to navigate and respond to growing supply chain disruptions.

The funding is the latest of over £5m raised to date by the company and will support continued product development and market growth in the UK and Europe, as well as future expansion in North America. . Replan was chosen by investors for its rapid growth potential and innovative technology that promises to revolutionize complex supply chain planning with prebuilt AI and advanced analytics.

Supply chain managers will now be able to transform and scale production planning with a solution that automates and rapidly assesses multiple scenarios, helping manufacturers reduce costs, increase efficiency and respond to disruptions faster. . The software allows planners to generate complex production sequencing in minutes, automatically applying the right AI algorithm to gain full control over demand forecasting and supply chain planning.

Hussein Kanji, Partner, Hoxton Ventures comments, “Replan’s technology is critical to keeping the manufacturing supply chain efficient and mobile. The company is tackling critical planning challenges that were largely unresolved before Covid, but are driving costs and delays for manufacturers.

The launch comes as supply chains continue to experience disruption due to the pandemic, supply shortages and geopolitical unrest. With the volume and speed of change exposing critical technology and processing issues at the heart of supply chains, manufacturers are increasingly looking to leverage digital transformation to transform and scale production planning and achieve business and sustainability goals.

Richie Barter, CEO of Replan, adds, “Replan integrates cutting-edge AI modeling and optimization capabilities into a modern, intuitive user interface to disrupt the status quo and revolutionize supply chain planning. The software can streamline even the most complex production plans, helping manufacturers improve operational efficiency and build more agile and resilient supply chains.

You can find more information about Replan here.

About Rescheduling

Replan is a supply chain planning company on a mission to redefine the planning process. Its cloud-based production planning software helps manufacturers overcome disruptions and reduce costs through automated production planning optimization. Learn more about

Source link


Comments are closed.