Tech Mahindra Limited announced a global strategic partnership with Retalon. The partnership will enable Retail and CPG organizations to gain better customer insights, improve decision-making, and enhance operational efficiency. Together, Tech Mahindra and Retalon will offer a unified common analytic platform to help enterprises unlock significant value in end-to-end planning, inventory management, supply chain network strategy, pricing, and promotion optimization.

The joint efforts will also offer an integrated solution to make smarter inventory & fulfilment decisions, which will result in improved gross margins from 9-12% annually. The partnership will bring together Tech Mahindra's expertise in Retail & Consumer Goods (RCG) and Digital Services with Retalon's Artificial Intelligence (AI) and Predictive Analytics tools to provide superior customer experiences. This strategic partnership will further strengthen Tech Mahindra's market position and expand its global retail portfolio to cater to the evolving and dynamic needs of its customers.

The partnership also underlines the company's focus on digital growth under the NXT.NOW™ framework, which is focused on leveraging next-generation technologies to deliver disruptive solutions and further enable digital transformation.