Earth Day 2023: How to Reduce Fresh Food Waste
Fresh food waste is a significant problem, and it is forcing a restart
In recent research conducted by the U.S. Food & Drug Administration (FDA), it was found that, in the United States, between 30-40 percent of the food produced is wasted.
The U.S. Department of Agriculture (USDA) estimates the value of food loss and waste for retailers and consumers each year to be over $161 billion. These alarming numbers have increased in recent years. So today, retail leaders need to take bold steps to address the fresh food waste issue and find new ways to prevent it.
Food waste costs retailers about $18.2 billion a year
Download this free pocket guide to:
- Learn how retailers can tackle the problem of food waste using AI-powered demand forecasting and replenishment
- Discover how a top-50 grocery retailer in Europe saved 5000 tons of food waste with better inventory planning
- Learn 3 actionable tips retail supply chain leaders can use to reduce waste and become more sustainable.
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eBook
Grocery Retail Playbook: How to Win in the Omni-Grocery World
Times are not changing; they have already changed. Today, serving the omni-customer in the best way possible requires grocery retailers to look at everything through an omni-channel lens, increase their data and analytics capabilities, and re-engineer their supply chain.
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eBook
Fashion Retail Planning: Build Your 2022 Roadmap to Omni-Channel Excellence
As we look ahead to 2022, we created this eBook to help fashion retail industry leaders understand the key dynamics that will impact their planning strategies and provide actionable insights to help them plan and build their roadmap for the next year.
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Special Report
Special Report: The Future of Grocery Retail Planning
Download this special report to discover omni-channel retail planning, inventory optimization trends and predictions.
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Video
Omni-Channel Is the New Customer Expectation - What It Means for Inventory
We shed light on 3 key areas retailers should be focusing on as they strive to provide the perfect balance in managing their inventory and providing the flexibility their customers expect.
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Video
How Can Retailers Take Advantage of Advanced Analytics Across Their Entire Supply Chains?
We asked Bill Frank's opinion on how retailers can take advantage of advanced analytics across their entire supply chain and use data to gain a competitive advantage.
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Video
Meet Invent Analytics at NRF 2022!
Are you attending NRF2022? Meet omnichannel retail inventory and price optimization solutions provider, Invent Analytics in NYC.
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Video
Trends and Predictions for Retailers in 2022
What will 2022 look like for the retail industry?
What are the key planning predictions for 2022 that retailers should be aware of now?
What are the top planning trends to expect in 2022?
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Video
Retail Planning Solutions for a Profit-Optimized Future
In the new world of retail, omni-channel has become the gold standard for success. At Invent Analytics, we empower our retail clients to deliver the omni-channel promise and embrace an end-to-end approach to their planning strategy and execution.
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Video
Highlights from RILA LINK2022: The Retail Supply Chain Conference
An Interview with our CEO: Highlights from RILA LINK2022, The Retail Supply Chain Conference
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Video
Customer Testimonial: Burak Ovunc, CEO of FLO - One of Europe’s Largest Footwear Retailers
Watch FLO’s CEO Burak Ovunc’s video to find out about how FLO reduced lost sales by 12%.
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Video
Top 3 Highlights from NRF 2023
We take a step back to digest what we heard from various retailers at this year's NRF Show and share our top 3 key takeaways for successfully managing inventory in 2023.
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Video
How Economic Challenges Are Impacting Inventory Strategies in 2023
Retailers are facing challenges in managing their inventory due to the current economic conditions. Despite the challenges, there are opportunities for retailers to navigate these issues.
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Video
Recession or Not - Retail Needs to Be Ready
We review 3 key questions all retailers should ask themselves to prepare for a potential recession to effectively utilize existing inventory, proactively respond to customer demands, and plan ahead to positively impact business in 2023.
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Video
Why Inventory Planning Should Report to the CFO
Inventory planning teams are now finding themselves reporting to the CFO. Why is that? Learn the 3 main reasons for this reporting structure that provides a major competitive advantage to retailers' inventory management.
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Video
Find Out Why a Better Demand Forecast in Retail Isn’t the Answer
Are you constantly striving for excellence and seeking the elusive balance between inventory investment and an exceptional customer experience? Are you hitting your KPIs but not seeing an impact on your financial performance? Learn the 3 most common issues retailers face when it comes to overcoming the challenge of conflicting KPIs that don't align with their financial goals.
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Video
Elevate Retail Success With Our Phantom Inventory Solution
Why are retailers losing sales because of missing or misplaced stock, inaccurate inventory data that doesn’t align with on-hand availability and unnecessary stockouts? In the latest edition of Innovate With Invent, Jonathan Alves, VP of Strategic Accounts, and special guest Tav Tepfer, Chief Revenue Officer at Invent Analytics tackle the issue of phantom inventory that plagues retailers worldwide.
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Video
Tailored Brands Leverages Invent Analytics' AI to Optimize Inventory Management
Discover the future of menswear retail as Tailored Brands leverages AI to revolutionize inventory management. With pinpoint forecast accuracy and precise inventory planning, they've amplified product availability, sales, and profitability, while dramatically reducing stock-outs, enhancing overall customer satisfaction.
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Video
Lower Markdown Losses and Achieve Higher Sell-Through by Leveraging AI and Advanced Analytics.
Our retail experts shed light on how an effective markdown strategy empowers retailers to make data-driven decisions that result in lower markdown losses and higher sell-through rates.
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Video
AI-Driven Inventory Optimization with Academy Sports + Outdoors
Academy Sports + Outdoors VP Merchant Systems Operations, John Jarrett, and Sr. Director Logistics and Distribution, Kyle Foulkrod, joined Invent Analytics Founder & CEO, Gurhan Kok, and Chief Revenue Officer, Tav Tepfer to share how they transformed their people and processes and achieved unparalleled results in just a few months. Learn how will how they reduced lost sales, ensured product availability, and optimized profitability across diverse channels through AI-driven inventory management, intelligent demand forecasting, and precise inventory decision-making.
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Video
2023 Unwrapped: AI Innovations in Retail and Predictions for 2024
In the final 2023 Innovate With Invent huddle, we review the year's major retail trends, focusing on AI-driven changes, industry challenges, and strategies for future innovation.
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Video
Inventory Optimization Masterclass: Strategic Insights from Tailored Brands' Award-Winning CTO
Learn how Invent Analytics and Tailored Brands enhanced tuxedo rental inventory management with AI and ML, leading to improved efficiency and customer satisfaction in our latest webinar.
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Video
NRF 2024 Inventory Optimization Masterclass with Tailored Brands and GNC
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Video
Decoding AI in Retail: Forecasting vs. Decisioning for Retail Growth
Learn why a forecast, even one enhanced by AI, falls short without the strategic integration of AI decisioning.
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Video
Academy Sports 2023: How AI Powers a New Approach to Drive Profitability
Academy Sports + Outdoors VP Merchant Systems Operations, John Jarrett, and Sr. Director Logistics and Distribution, Kyle Foulkrod, joined Invent Analytics Founder & CEO, Gurhan Kok, and Chief Revenue Officer, Tav Tepfer to share how they transformed their people and processes and achieved unparalleled results in just a few months. Learn how will how they reduced lost sales, ensured product availability, and optimized profitability across diverse channels through AI-driven inventory management, intelligent demand forecasting, and precise inventory decision-making.
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Video
Behind the Seams: Overcoming Allocation Challenges in Apparel Retail
Discover expert strategies for mastering inventory allocation in apparel retail, as our latest "Innovate with Invent" unveils practical insights for optimizing stock levels and enhancing profitability.
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Video
Returns Redefined: Leveraging AI-Decisioning to Increase Profitability
Discover AI’s role in optimizing retail returns for increased profitability. Watch expert insights on smarter returns management.
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Video
Seasonal Success with Weather-Driven Retail Strategies
Discover how extreme weather influences retail inventory and consumer behavior in our webinar with Planalytics, highlighting advanced analytics and practical strategies for improved supply chain efficiency.
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Video
From Spreadsheets to Strategy: How AI Unleashes Indispensable Leaders
Worried about AI taking over your job? It's time to shift that perspective. AI isn't here to replace you – it's here to do the dirty work, taking tedious tasks off your plate so you can focus on what truly matters.
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Video
Mastering the Mix: The Art and AI of Successful Assortment Strategies
Unlock the power of AI to transform your assortment planning. Discover key strategies for optimizing your product mix and boosting retail success in this must-watch webinar.
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Video
Retail Pricing Unlocked: Emerging Trends and Future Predictions
Explore the future of retail pricing with industry pioneer, Jeff Smith. Learn about emerging trends, AI-driven strategies, and how technology shapes smarter pricing decisions to keep your business competitive.
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Video
Less Waste, More Profit: How Inventory Fuels Sustainability
Discover how smarter inventory strategies can reduce waste and drive business success. Explore practical insights on sustainable inventory management and actionable solutions for retailers.
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Podcast
AI-powered Advanced Analytics for Better Pricing, Supply Chain and Merchandising Decisions for Retailers
The retail industry is constantly evolving and becoming more customer-centric to meet the demand of omni-channel customers. That also means inventory optimization is taking center stage.
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Podcast
Invent Analytics Conversations: The Future of Omni-Channel Grocery Retail
In this The Future of Omni-Channel Grocery Retail podcast, Prof. Gurhan Kok and Justin Honaman get together and answer some fundamental questions that are on grocery retailers’ agenda.
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Podcast
Invent Analytics Conversations Podcast: The Future of Inventory Optimization
In this episode, we welcome our CEO, Gurhan Kok, where he talks about retail planning predictions, omni-channel inventory optimization challenges, and opportunities in the new world of retail.
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Podcast
Enhancing Inventory Optimization with Composable Analytics
Invent Analytics CEO and founder, Prof. Gurhan Kök, joins the Martalks Podcast to explain how our composable inventory optimization tool is designed to eliminate the guesswork and introduce greater profitability to brands by eliminating inefficiencies and limitations of legacy solutions.
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Research Paper
Research Paper: Variety and Inventory Trade-off in Retailing: An Empirical Study
Identifying the right level of variety and associated inventory has been an open question in both the retail industry and academia for a long time.
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Research Paper
Research Paper: The Future of Retail Operations
The future of retail is very exciting. As the forces of technology, competition, and new business models shape the retail landscape, pivotal questions are on the minds of all participants in the industry, including investors, entrepreneurs, business professionals, and academics.
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Research Paper
Research Paper: Omnichannel Assortment Planning
In today’s omnichannel environment consumers increasingly interact with assortments of the same firm across different touchpoints.
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Research Paper
Research Paper: Stockout Risk Estimation and Expediting for Repairable Spare Parts
This research paper written by Prof. Gurhan Kok, Asst. Prof. Mustafa Hekimoglu and Mustafa Şahin focuses on developing an advance stockout risk estimation system for repairable spare parts.
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Guide
How to Forecast Demand Accurately: A Pocket Guide for Fashion Retailers
Download this free pocket guide to find out 6 commonly used methods to forecast demand for new items and how to generate more accurate forecasts.
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Guide
Finding Optimal Inventory Balance: How to Reduce Inventory and Lost Sales
Download this free pocket guide to find out how retailers can increase their inventory planning capabilities and how to reduce lost sales and inventory holding costs.
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Guide
Pre-Season Planning: Why Successful Inventory Optimization is Vital in Fashion Retail
Download this free pocket guide to find out 4 efficient ways for fashion retailers to help them to see pre-season planning and successful next season planning tips for retailers.
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Guide
A Retailer’s Guide for Returns Forecasting
Don't let returns eat into your bottom line. Learn how to forecast returns and improve your customer experience with our free guide.
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Guide
Dark Stores: A Pocket Guide for Grocery Retailers
Download this free pocket guide to find out what a dark store is and the challenges of running dark stores from an inventory planning perspective.
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Guide
Demand Forecasting Pocket Guide for Retailers
Download this free pocket guide to find out what demand forecasting is in retail industry and what retailers need to do to create better forecasts.
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Infographic
Case Study Infographic: Fiba Retail Group
Download the infographic to find out how Fiba Retail Group accelerates its demand forecasting and inventory planning capabilities.
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Infographic
Case Study Infographic: Mavi
Download the infographic to find out how Mavi increased availability, reduced lost sales, and maximized profitability.
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Infographic
Case Study Infographic: Migros
Download the infographic to find out how Migros managed to increase stock availability and reduce inventory days.
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Infographic
Case Study Infographic: FLO
Download the infographic to find out how FLO maximized availability, reduced lost sales and improved net profit.
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Infographic
Infographic: 6 Reasons Why Retailers Trust Us
Download this infographic to learn more about why retailers trust us to help them succeed.
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Infographic
Top 5 Reasons for Inventory Discrepancies
Are you unsure of the causes for your inventory discrepancies? Learn the top 5 reasons why phantom inventory exists and the benefits of utilizing our app to correct them.
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Infographic
Infographic: Why Retailers Need Markdown Optimization and How It Works
Download this infographic to learn more about why retailers need markdown optimization and how it works.
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Infographic
Invent Analytics at at Glance
Learn more about Invent Analytics and how we can transform your retail strategy—download now!
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Invent Insider
Invent Insider - March 2024
Explore key retail trends and insights from RILA LINK 2024 with Invent Analytics—your exclusive backstage pass to industry foresight.