invent.ai’s industry-leading retail inventory solutions solve real-world problems
Invent.ai inventory solutions
Strategy in retail inventory management must go beyond simple reordering and restocking. Decision-makers need to think about the whole scope of inventory management, from location-specific allocation and replenishment all the way through the returns process.
Invent.ai offers an AI-Decisioning Platform that distills the millions of potential decisions down to the most actionable levels, considering both internal and external factors, while reducing rework for you and your team. As an advanced AI, our inventory management suite of products is built to eliminate the confounding variables that plague retailers. The strength of our AI is a true superpower that provides science-backed insight into every facet of inventory, empowering you with the information needed to make the most meaningful decisions.
The invent.ai inventory management suite
Forecasting
With invent.ai’s demand forecasting solution for inventory management, retailers can realize the fullest potential of strategic needs. Leveraging agentic AI insight into billions of transactions, retailers can quickly visualize and act upon projected inventory versus actual sales expectations. Then, retailers can peer beyond the curtain to instantly see anomalies in stock levels, such as seemingly missing inventory, i.e., phantom inventory, and how such issues affect margins. Forecasting also works at both large-scale and granular levels, ensuring you have the right inventory projections in place for every location, every product, and every time, as well as taking into account potential returns pathways to ensure your inventory moves at super speed.
Check out invent.ai forecasting capabilitiesAllocation
Our allocation retail inventory management solution is built on a simple premise: sending the right amount of inventory to each location, which reduces the risk of stockouts or excess inventory at both distribution centers and stores. Our dynamic, data-driven inventory positioning unlocks higher sell-through, minimizes markdowns and lowers overall fulfillment costs. Together, it’s a cohesive inventory management process and AI-backed plan for your retail business, powering increased financial planning and growing revenue.
Dig into the specifics of invent.ai AllocationReplenishment
Our AI-driven replenishment solution ensures optimal stock levels across retail locations by leveraging historic and real-time sales data, automated replenishment runs and intelligent forecasting capabilities. Retailers can turn theory into action, adjusting reordering dynamically based on demand patterns, seasonality and capacity constraints. The system minimizes stockouts, avoids excess inventory and improves overall efficiency.
Explore invent.ai ReplenishmentSan Francisco
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Learn morePhantom Inventory
Invent.ai detects phantom inventory by calculating the probability that an item is inaccurately recorded as “on-hand,” leading to customer upset, lost sales and a quagmire of other issues. Our Phantom Inventory solution analyzes consecutive days with no sales and assesses inventory movements expected for the same period. No sales when expected leads to one inescapable conclusion–the inventory is not available. This proactive approach helps retailers correct inventory discrepancies, prevent stockouts and ensure accurate replenishment within their supply chain.
Check out invent.ai Phantom InventoryTransfers
Misallocated stock leads to lost sales, while excess inventory ties up capital and increases logistics costs. Our AI-powered transfers solution efficiently manages inventory, forecasts demand and transfers products to maximize store performance and customer satisfaction. Retailers can streamline operations and allocate inventory based on changing demands across multiple variables, including geographic and demographic differences.
Explore invent.ai TransfersReturns
With invent.ai's returns solution, managing returns has never been more efficient, now being taken into account long before customers make the trip with returns in hand. Retailers can leverage our AI-driven insights to predict return patterns, optimize the path of returned items, such as receiving an item by mail or in-store, and minimize markdowns or liquidations along the way. Whether dealing with high return volumes or navigating complex logistics, our solution streamlines processes, reduces costs and maximizes profit dollars.In addition, returns processes are growing more complex, with some stores refusing to accept returns and instead opting for an honor-system based process where refunds are issued without receiving a physical return. There is zero room for error, and retailers must optimize every physical return to recoup losses. Simplify returns management and build a future-proof strategy to meet evolving customer and market demands.
Reduce returns-associated revenue losses with invent.ai Returns
Why retailers need AI-driven retail inventory solutions
- Minimize stockouts while reducing excess inventory
- Ensure seamless allocation and replenishment across channels
- Optimize transfers and fulfillment with real-time data
- Reduce carrying costs while maximizing product availability
Complete clarity in all inventory decisions is possible with invent.ai superpowers
Inventory management is where the best-laid plans meet real-world challenges, such as fluctuating demand, stock changes and shifting customer expectations. Your greatest tangible and non-human asset, inventory, deserves a full-stack solution that can drive significant revenue gains.
