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turn returns into a strategic advantage
 

Returns by invent.ai

Predict returns and maximize full-price sales with revenue-driven merchandise reallocation.

Revolutionize your returns strategy with agentic AI
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20-50%

increased sales

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2-5%

decreased liquidations

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<90 days

transformation results

Returns are an inevitable part of retail, but they don’t have to be a profit drain. High return rates disrupt inventory planning, inflate operational costs and frustrate customers. Handling returns improperly adds unnecessary shipping costs, complicates purchasing for online retail fulfillment centers and more. You cannot afford to risk customer experiences based on inaccurate data.

Navigating these complexities while maintaining customer satisfaction is a challenge for any retailer. Invent.ai's AI simplifies returns management by predicting patterns, streamlining logistics and reallocating merchandise to maximize full-price sales and revenue growth.

Invent.ai Returns offers a suite of powerful features designed to turn returns into a strategic advantage. With seamless integration, it connects online and offline return processes, streamlining operations to enhance efficiency and reduce processing time.

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AI-driven efficiency​

Leverage artificial intelligence to streamline returns processes, enhancing both efficiency and revenue.​
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Comprehensive benefits

Implement solutions that not only address current challenges but also provide advantages extending beyond immediate problem-solving.
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Future-proof strategy

Develop a returns management approach that adapts to evolving market demands, ensuring long-term resilience.​
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Addressing today's challenge

Solve pressing issues affecting profitability, such as the complexities of merging online and offline returns and managing increased return volumes​.

​Why invent.ai returns solution?​

With invent.ai's returns solution, managing returns has never been more efficient. Leverage AI-driven insights to predict return patterns, optimize the path of returned items and minimize markdowns or liquidations. Whether dealing with high return volumes or navigating complex logistics, our solution streamlines processes, reduces costs and maximizes profitability. Simplify returns management and build a future-proof strategy to meet evolving customer and market demands.​ 
 
Revenue matters in your returns strategy.
  • Revenue-optimize return position. Use an AI-based platform and probabilistic forecasts to best position returned inventory to sell at the highest margin.
  • Swift implementation. Witness transformative results in as little as 90 days utilizing existing systems.
  • Start with an A/B test. Prove the benefit to your bottom line by starting with a self-funding in-market test. What should be the percentage of ​each markdown?​
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The science behind it

Invent.ai's returns solution predicts the best discounting strategies and resale channels, allowing optimized return paths, maximize recovered value and minimal waste.

Strategic redirection further enhances profitability by automatically rerouting returned products to locations with the highest resale potential, reducing markdowns and improving overall financial outcomes.

The solution dashboard offers reports such as aggregated Return %, Return $ and Return Units.

With invent.ai, every return becomes an opportunity to improve inventory planning, grow profit dollars and strengthen customer relationships.

invent_ai returns dashboard
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Streamline your returns the invent.ai way

  • Determine the optimal position for each returned item in real time
  • Place inventory where it has the highest probability to sell faster with the lowest routing cost
  • Predict returns and calculate lost sales with unparalleled precision

This allows users time to:​

  • Review / measure success of returns
  • Review future visibility (inventory, promotions)
  • Review current strategies and run simulations
  • Improve the system with our Hub Model

Maximize value and efficiency with AI-optimized returns

Retailers must be strategic with every decision, turning returns data into dollars through reduced carrying costs, faster resell and improved customer experiences. It’s about creating value. With invent.ai’s agentic AI, you can harness the power of:

Seamless integration

Connect online and offline processes to streamline returns and improve efficiency.​

Future forecasting

Enable accurate demand predictions for proactive planning and efficient resource use.​

Optimal returns paths

Predict the best discounts and routes for returned products to ensure they end up in the right place at the right price for resale.

Strategic redirection

Reroute returns to locations with the highest resale potential, reducing markdowns and maximizing revenue.​​

Connect with an invent.ai Returns expert to get started
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Head of Merchandising, Leading Apparel Retailer

Read the case study