Grocery and convenience retailers power the world, invent.ai empowers them
The road to success in grocery and convenience retail is paved with clear strategy and the combined use of forecasting, planning, inventory and pricing decisioning tools.
Grocery and convenience retailers, rejoice with invent.ai superpowers
AI for grocery & convenience
Reduce operational inefficiencies with grocery and convenience retail superpowers that unlock more value in major decisions.
Achieving the strongest growth in retail starts with effective planning, inventory and pricing strategies. Invent.ai delivers on the promise of data-driven processes with our AI-Decisioning Platform, bringing together the minds of 200+ R&D experts and our proprietary Hub Model support team. Together, invent.ai enables retailers to grow based on actual insights and streamlined decision-making.
AI solutions built to support the world’s most popular form of retail
Our AI-Decisioning Platform supports grocery retailers in making proactive planning, inventory and pricing decisions following industry trends and opportunities to understand what customers truly want. We empower you with the data to forecast core business needs at the SKU or regional level and execute effectively. Rather than waiting for the next need to arise, our team walks hand-in-hand with you through ongoing support and system development to reduce risk and create lifelong partnerships.
From planning through inventory and pricing, invent.ai has you covered with proven results in your industry that will streamline processes and create ideal outcomes through:
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Enhanced planning prowess through the unity of retail and science expertise, boosting the efficiency of your team up to 70%.
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Increasing revenue 5-7%.
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Speedy time to value.
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Faster inventory turn time.
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Fewer unplanned, assumption-based markdowns.
AI-powered solutions for grocery & convenience retailers
Forecasting
Invent.ai enables forecasting for grocery and convenience retailers–where waste is all too often a top concern– with a complete lineup of agentic AI capabilities that consider multiple attributes and risks, ensuring you stay informed at all times.
Planning
Planning optimization solutions running with agentic AI build trust among grocery and convenience retailers. Our retail planning suite includes:
- Merchandise Financial Planning - Gain super vision across millions of transactions to ensure your MFP goals align with actual buying trends, and take the steps with our other solutions below to turn them into revenue gains.
- Assortment Planning - Using advanced data insights, invent.ai assortment solutions help you curate the right product mix for every location. Our AI analyzes demand, regional trends and attribute-specific options, such as product weight, brand, shelf-life and more.
- Buy Optimization - Grocery and convenience retailers need clear buying optimization to reduce waste and keep customers happy. Our AI-Decisioning Platform enables accurate, precise purchasing decisions to get the right inventory to the right location at the right price and at the right time, enabling faster moving inventory and revenue growth.
Inventory
Streamlined inventory decisioning with invent.ai reduces waste and improves revenue for grocery and convenience retailers. Our inventory suite of products includes:
- Allocation & Replenishment - Inventory should always be in the right place at the right time. With superspeed and super vision, get insight via our AI to optimize allocated inventory in granular detail at scale.
- Phantom Inventory, Transfers & Returns - These core retail inventory needs don’t have to mean lost revenue. Our AI-Decisioning Platform helps retailers recognize when inventory listed as on-hand may be incorrect, while transfers can reduce lost sales and effective returns management can help to restock, reposition or resell returned products efficiently.
Pricing
Strategic pricing decisions come from machine learning and AI-driven insights. The invent.ai pricing suite is built to support grocery and convenience retailers across:
- Dynamic Pricing - Ensure your prices reflect the unique granularities and demands of your customers.
- Promo - Gain insight into the best times and % change to run promotions, while maximizing revenue and creating more fast-moving inventory.
- Markdowns - Our pricing solutions ensure SKU-level pricing suited to each season and sales opportunity, moving inventory faster without overreliance on discounted prices.
Our grocery & convenience retail customers
