PHILADELPHIA — Aug 1, 2024 — invent.ai, an award-winning global retail planning solutions provider, proudly announces it has been named to this year’s 100 Great Supply Chain Partners award list by SupplyChainBrain. The annual list spotlights companies that provide outstanding solutions, services and continuous value to their customers, improving supply chain performance and efficiency. Invent.ai was selected for its AI-driven inventory optimization solutions and unique partnership approach that help large retail clients boost sales, customer satisfaction and bottom-line profits.
As a trusted solutions provider, invent.ai partners with leading retailers to accelerate their omnichannel capabilities and boost margin dollars through the power of AI. Invent.ai's AI-driven platform offers all the tools retailers need to optimally position inventory across their supply chains, including solutions for demand forecasting, allocation, store & DC replenishment, returns positioning, markdown optimization, price optimization, phantom inventory detection and inventory transfers.
Notably, invent.ai enables retailers to quickly implement its solutions for rapid results. Using scientific A/B testing with control stores, invent.ai proves the financial impact of its solution, including a higher level of sales and increased bottom-line profit. Invent.ai's client partnerships extend far beyond implementation. Each partnership continues through invent.ai's Hub Model, where a dedicated team of experts works on an ongoing basis to identify opportunities to improve the results of the platform and customize the solutions to clients’ evolving needs.
“Inventory planning is a delicate balancing act that has become even more complex with the rise of omnichannel. Yet most retailers still use traditional systems or spreadsheets that rely heavily on manual inputs and human judgment. At invent.ai, we offer a modern, AI-driven approach to inventory optimization. Our platform eliminates the guesswork and automates decision-making about inventory levels, positioning, timing and pricing — helping our clients maximize profit dollars while keeping customers satisfied,” said Tav Tepfer, Chief Revenue Officer, invent.ai. “However, it's not just our technology that is attractive to retailers. It’s also our ability to provide ongoing strategic support and operate as a truly cross-functional, collaborative team.”
Today, invent.ai works with leading retail clients like Men’s Wearhouse, Jos. A. Bank, GNC and Academy Sports + Outdoors. Its AI-driven inventory solutions deliver proven results, including:
“For twenty-two consecutive years, SupplyChainBrain has published our much-anticipated list of 100 Great Supply Chain Partners — a select group of companies whose customers recognize them for providing outstanding solutions and services. Our six-month online poll of supply chain professionals requires a qualified response, asking them to nominate vendors and service providers whose solutions have significantly impacted their company’s efficiency, customer service and overall supply chain performance. This year’s field of nominees was highly competitive and overall excellent – coming from all areas of supply chain management. Your company should be proud to be named as one of the 100 Great,” said Brad Berger, Publisher, SupplyChainBrain.
Read invent.ai's client success stories.
About SupplyChainBrain
SupplyChainBrain, today’s most comprehensive supply chain management information resource, is accessed year round through a wide range of ever evolving multi-media formats by hundreds of thousands of the world’s most influential supply chain executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies the latest news, emerging trends, technologies and best practices, forward thinking ideas and cutting-edge solutions - and continues to write and report about these as they evolve and mature.
About invent.ai
Invent.ai is a pioneering AI-decisioning platform that gives retailers superpowers to make the best planning and operational decisions to grow sales, revenue and margin dollars. Delivering fast, measurable value through its technology solutions, invent.ai brings together retail planning data, predicts outcomes and optimizes inventory, pricing and merchandising.
Recognized as a Representative Vendor in 2024 Gartner® Market Guide for Retail Forecasting, Allocation and Replenishment Solutions and for Retail Unified Price, Promotion and Markdown Optimization Applications - Short Life Cycle, awarded the 2024 RetailTech Breakthrough Awards’ Customer Experience Award, SupplyChainBrain’s 2024 Great Supply Chain Partner and Supply & Demand Chain Executive’s 2024 Top Supply Chain Projects award.