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From data to action: Forecasting that drives better planning, inventory and pricing decisions
 

Forecasting in retail by invent.ai

Turn raw data and historical trends into automated decisions with advanced forecasting models.

Boost your markdown strategy with agentic AI
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3-8%

gross margin improvement​

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2-10%

higher sell-through

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2-10%

lower markdown

Having data isn’t enough—success lies in how you interpret and act on it, predicting future trends across both the short term and long term. Traditional forecasting relies on historical trends, but in a fast-moving market, that’s only part of the equation.

Invent.ai’s AI-Decisioning Platform dives deep into the data, using agentic AI, hedge-fund math and probabilistic analyses to uncover patterns, predict demand with precision and dynamically adapt strategies. Whether optimizing inventory, fine-tuning lifecycle pricing or enhancing planning decisions, our AI solutions transform raw data into actionable intelligence—helping you stay ahead with confidence in all stores and distribution centers.

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Granular forecasting accuracy

Achieve more precise demand forecasts at the lowest levels necessary to enable better and more effective assortment decisions.

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Regional demand insights

Acquire localized forecasting insights based on zip codes or store catchment areas to align assortments with regional preferences.​
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Advanced AI capabilities

Leverage explainable AI and adaptive algorithms to ensure transparent, reliable and data-driven assortment planning.​
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Fulfillment-driven planning 

Deliver optimized inventory placement by integrating demand sensing with fulfillment-focused forecasting.​

​Why invent.ai’s forecasting solution?​

With invent.ai’s demand forecasting solution for inventory planning, achieving precise, granular forecasts has never been simpler. Harness the power of advanced AI and demand sensing to anticipate customer needs, optimize inventory placement and enhance fulfillment performance. Whether forecasting at the regional or store level, our solution provides data-driven planning that boosts efficiency, reduces stockouts and keeps your customers satisfied.
 
Here’s what what demand forecasting super vision looks like:
  • Increase availability and fulfillment - Our forecasting methods are built to reduce lost sales by enhancing product availability and leveraging diverse fulfillment options
  • Provide the best customer experience in store - Uses optimal assortment to get the right product at the right place at the right time to increase customer satisfaction
  • ​Put comprehensive analysis to work - Utilize explainable AI to predict future demand and deliver interpretable results, enabling faster forecast analysis and cross-channel customer behavior insights
  • Gain accurate and adaptive forecasting - Achieve high forecast accuracy while proactively adapting to changing customer demand patterns based on both internal and external factors and data sources
  • Reap regional and return insights - Incorporate regional demand characteristics and return forecasting as future supply sources to refine replenishment strategies
  • Explainable AI - Advanced machine learning algorithms based on historical sales data help users understand drivers of the forecasts
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The science behind it

To deliver exceptional shopping experiences, invent.ai uses intelligent analysis and AI to forecast customer behavior across all locations with precision. Our AI-powered forecasting solution can predict future demand and ensure accurate demand planning and optimal inventory placement, enhancing fulfillment and customer satisfaction.

With our informative dashboard, you can review forecasts in detail ensuring that you understand the upcoming demand for your business. 

forecast review
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Demand sensing and forecast enrichment for effective pricing strategies

Invent.ai’s AI-driven pricing solutions use advanced forecasting and optimization to drive profitability and efficiency across the product lifecycle.

  • Measures and estimates price elasticity - Analyzes consumer demand against a unit price change after cleaning seasonal, promotional or other effects like inventory to identify price elasticity at different price points
  • Considers millions of possibilities - Determines the optimum price path that’s compatible with the retailer’s pricing strategy
  • Maximizes profit/revenue of items - Creates forecast plans based on lifecycle and pricing strategies that drive profit dollar

Optimize pricing strategies by predicting demand, analyzing price elasticity and enhancing visibility throughout the product lifecycle. Move beyond outdated weeks-of-cover analysis—our AI dynamically determines the best timing and frequency for price adjustments based on real-time forecast and elasticity insights.

Deep insights, acute forecasting

Forecasting relies on a vast network of internal and external data sources. Invent.ai leverages more than 300 key features to power SKU-Store-Day-level forecasting, tailored to your omnichannel pricing and inventory challenges. Key forecasting inputs include:
Rows of data on screen
Sales & order history
Warehouse manager checking her inventory in a large warehouse
Inventory history & incoming stock
Shopping time sale event. Beautiful young woman standing outside in front of store display window, summer price reduction sign excited laughing. Positive human emotion face expression. Summer spree
Markdowns & promotions
Friends leaving out a clothing store with shopping bags
Store traffic & category sales trends
Woman scanning price tag fashion
Repeat orders & initial pricing
Beautiful colorful lanterns on street
Item / Store seasonality
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Halo effect
people in consumer electronics retail store looking at latest laptop, television and photo camera to buy
Cannibalization effect & competitor pricing
Woman in front of empty store shelves
Lost revenue due to out of stocks
Expiry date on can
Expiry date tracking (EQL)
Types-Of-Weather-Photo
Local weather conditions
Fashion store for male clothes
Broken assortment impact

Forecasting & price elasticity

Our AI-driven approach accounts for dynamic market forces, ensuring pricing strategies remain effective. Here’s what you’ll see:

Changing market conditions

Weather, trends, social influences, special occasions.​

Price elasticity measurement

SKU-specific market response based on historical and real-time data.​

Attribute-based elasticity estimation

Adjust pricing strategies based on style, color, location, brand and designer insights.​

Inventory influence

Understand how stock levels and basket affinities affect demand and pricing decisions.​

“Invent.ai demonstrated a new technology and science that can drive financial results. Their system was smart and flexible, allowing users to simulate results before execution. They were the only provider capable of delivering on our priorities in the desired timeframe.”

John Jarrett, VP of Merchant System Operations,  Academy Sports + Outdoors

Read the case study

“Invent.ai is not just a solution provider for us. They are a flexible forecasting and inventory planning partner. They achieved excellent results in a high-expectation environment like us and proved to be one of our best decisions.”

Ozgur Tort, CEO, Migros

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“With invent.ai, we have accelerated our demand forecasting and inventory optimization capabilities tremendously. Their tailor-fit, AI-powered planning solutions and expertise in the retail industry enabled us to improve availability and reduce lost sales.”

Batur Can, General Manager, Fiba Retail Group

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“Invent.ai's margin-driven, profit-optimizing science, tailor-fit algorithms, and AI-powered probabilistic demand forecasting offered everything we’re looking for. Their solutions enable us to achieve the most profitable inventory levels using a sophisticated economic model that analyzes demand patterns, inventory costs, margins, and other parameters.”

Hakan Ugur, Chief Merchandising Officer, FLO

Read the case study

Connect with an invent.ai Forecasting expert today
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