AI-Powered Inventory and Price Optimization
Maximize profitability with better inventory positioning and price optimization
See the Future of Retail at NRF 2025 – Meet Us There!
See the Future of Retail at NRF 2025 – Meet Us There!
Maximize profitability with better inventory positioning and price optimization
In the retail omni-channel world, planning is now key to giving your customers a good experience.
It’s never been more important to understand how your customers use various channels to browse, buy and return goods. If you want to thrive as a retailer, you need to manage your omni-channel supply chain taking into account your customers’ point of demand origination and fulfillment preferences.
We have created our Omni-Plan to better serve the omni-channel customer and to fit your supply chain and merchandising processes. It will strengthen your inventory management capabilities by making every decision based on profitability and more accurate granular forecasts.
Maximize profitability with better inventory positioning and price optimization.
LEARN MOREIt starts with adaptive, smart analytics and explainable-AI. We blend your omni-channel processes seamlessly into our inventory and price optimization solutions. This enables you to excel in every interaction with your customers.
We use AI and use fast-learning algorithms that respond quickly to changing consumer demand patterns. With our Demand Forecasting solution, you can forecast offline, online and omni-channel demand separately at zip code-product-day level. You can also forecast the fulfillment preferences of your customers at zip code-product-day level. Our Demand Forecasting solution delivers highly accurate forecasts at all levels of granularity, which makes for better planning. You can also see the omni-channel impact of your promotions.
We help you replenish stores, DCs, hub-stores and dark stores with the right amount of inventory at the right time in anticipation of omni-channel demand that could be fulfilled from every possible source. Using our Store and DC Replenishment Optimization solution, you can maximize your profitability by lowering inventory levels, reducing lost sales, and positioning inventory smartly to reduce overall fulfillment costs. Our Store and Hub Store/Dark Store Inventory Optimization enables you to increase availability of products in each delivery zone and respond faster to online orders.
We focus on meeting your omni-channel customers’ fulfillment expectations. We make products readily available at stores for pick up or shipping to customers for the fastest delivery and at the same time avoid overflow inventory to stores. We allocate inventory of the short-life products to stores, mini-DCs and hub stores in anticipation of omni-channel demand that could be fulfilled from every possible source. By sending the right amount of inventory to your stores, you reduce left-over risks at stores and early stockout risks at distribution centers. As a result of dynamic and smart positioning of inventory, you get higher sell-through and reduced overall fulfillment costs.
Markdown Optimization allows you to accurately predict seasonal demand for new products with limited history by analyzing product attributes and markdown products at the option level to maximize revenues. This helps you lower your markdown loss, achieve higher sell through, and gain visibility into end-of-season sales and inventory levels.
We help you boost profits by optimizing the pricing of each product over its lifetime with the goal of attracting and retaining customers with larger baskets and higher customer lifetime value. Have better competitive positioned prices for each region/store customer characteristics and compete smartly with automatically updated prices in response to competition.
By leveraging consumer behavior data, our Assortment Optimization solution enables you to locally match each store’s product selection to customer preferences and achieve greater long-term profitability. This includes optimizing local assortments and shelf space allocation to match the product attributes most demanded by that store’s customers. As a result, each store can offer the products that attract and retain customers with higher customer lifetime value.
Do you want to increase your omni-channel inventory productivity? Transfer Optimization lets you rebalance inventory across locations for maximum efficiency. By moving products from underperforming locations to other locations where they sell faster, you minimize lost sales and markdown loss.
Phantom Inventory is an innovative addition to the Invent Analytics suite of intelligent retail supply chain solutions. Built on the power of AI and machine learning, the solution aims to address the common problem of phantom inventory in the retail industry by detecting and resolving discrepancies between inventory data and physical inventory, helping retailers optimize their operations and maximize profitability.
In today's retail landscape, where omni-channel experiences are not just desired but expected, managing returns has emerged as a critical yet intricate challenge. The convergence of online and offline shopping, combined with the enticing convenience it offers to consumers, has reshaped the very nature of returns. What was once a straightforward process has transformed into a multifaceted puzzle, demanding a reevaluation of traditional approaches.
The rise of online shopping has played a pivotal role in complicating this picture. As consumers, lured by the ease of browsing, selecting, and purchasing across multiple platforms, increasingly send back items that don't meet their expectations, retailers find themselves grappling with more than just the volume. They confront dwindling profits, escalating overheads, and a logistical web that can be daunting to navigate. It's clear that the rules of returns management have changed, and the retail world must adapt swiftly.
Invent Analytics' Assortment Planning solution helps you minimize manual steps and maximize efficiencies by harnessing cutting-edge AI that delivers tailored, data-driven, and space-optimized product selections at scale, driving customer loyalty, engagement, and revenue growth. Elevate your assortment strategy and enable optimal results.
Invent Analytics’ Merchandise Financial Planning (MFP) solution empowers retailers to allocate resources effectively, maximizing profitability while optimizing inventory management. Our AI-powered solution enables retailers to align financial goals with customer demands, ensuring operational efficiency, reduced excess inventory, and enhanced customer satisfaction, all while managing a competitive edge.