IRI acquires supply chain analytics provider, RSi
IRI, a global company in innovative solutions and services for consumer, CPG, retail and media companies, has acquired Retail Solutions, Inc. (RSi), a provider of supply chain solutions for CPG manufacturers and retailers.
The addition of RSi’s solutions to the industry-leading IRI Liquid Data® technology platform will offer the industry’s most comprehensive supply chain solution, as well as the largest repository of de-identified and anonymous consumer data assets in the CPG industry, delivering long-term increased value and impact to clients.
Andrew Appel, president and CEO, IRI: “The acquisition of RSi builds upon IRI’s long track record of continuous investment in technology, solutions and data assets. IRI remains laser-focused on serving the CPG and retail industries with innovative solutions that help our clients address their most challenging issues to deliver highly differentiated capabilities and impact to clients. The investment in RSi to enhance our supply chain optimization capabilities is a direct response to our clients’ needs as they navigate disruption caused by the COVID-19 pandemic.”
Baljit Dail, president, IRI Global: “Optimizing supply chain through better end-to-end visibility, efficiency and execution has never been more important to retailers and manufacturers across the CPG landscape. The addition of RSi’s leading solutions to our broader portfolio of offerings will further enhance our robust capabilities and enable retailers and manufacturers to drive tangible ROI and capitalize on opportunities in a dynamic environment.”
RSi’s proven products and solutions have been used by more than three-fourths of the world’s 50 largest CPG manufacturers to maximize their on-shelf availability, operational productivity and omnichannel sales growth. In particular, RSi’s leading suite of on-shelf availability (“OSA”) solutions, OSAPower, includes a full spectrum of AI-driven tools to diagnose, reduce and prevent out-of-stocks. RSi powers its solutions with data from over 150 of the top retailers, to deliver insights to over 500 global CPG customers today.
Bert Clement CEO, RSi: “IRI is the ideal partner to build upon our existing suite of solutions and enable our clients to further optimize their supply chains, and we’re thrilled to be joining forces with them.”