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Overview
Invent Analytics offers an AI-powered suite of solutions for intelligent retail supply chain planning. It requires mature and clean data sets to achieve its full potential; however, its ability to transform complex data into actionable financial strategies allows retailers to solve omnichannel challenges and increase profitability from end to end.
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Starting Price
Custom
Invent Analytics Specifications
- Inventory Management
- Merchandise Transfer
- Purchasing
- Report Analyzer
What Is Invent Analytics?
Invent Analytics, now known as invent.ai, is an AI-powered Profit Optimization platform that enhances retailers' Point-of-Sale (POS) capabilities by transforming sales data into an actionable strategy. It is designed for large-scale retailers seeking to move beyond traditional planning. The software uses AI-driven demand forecasting and inventory optimization to reduce lost sales by 20-30% and increase gross margin dollars by 2-4%. Overall, Invent Analytics solves the critical pain point of aligning inventory decisions with financial goals in volatile markets.
Invent Analytics Pricing
Invent Analytics Integrations
Who Is Invent Analytics For?
Invent Analytics is ideal for a range of complex retail industries, including:
- Apparel and fashion
- Footwear retail
- Grocery and supermarkets
- Specialty hardlines
- Health and wellness retail
- Consumer electronics
Is Invent Analytics Right For You?
Invent Analytics is the right fit if your retail business aims to turn its POS and inventory data into a direct line to profitability. Its standout strength is an AI-decisioning engine that replaces outdated planning with precise, profit-focused actions. The platform is recognized for its innovation, having won the Retail Industry Leaders Association (RILA) Startup Innovation Award. Designed to support global expansion, its scalable solutions empower retailers to grow confidently and enhance operational efficiency.
Still not sure about Invent Analytics? Contact our support team at (661) 384-7070 for further guidance.
Invent Analytics Features
Merchandise Financial Planning
This solution aligns financial goals with real-time customer demand using AI-powered top-down and bottom-up planning. It moves beyond guesswork to deliver actionable insights. It offers the flexibility to run scenario-based "what if" plans for a more agile retail strategy.
Phantom Inventory
This tool identifies and corrects false on-hand inventory counts by analyzing sales gaps and historical movement patterns. It helps retailers prevent lost sales, fix critical data errors, and protect the customer experience from the frustration of inaccurate stock availability.
Markdown Optimization
Invent Analytics simplifies end-of-season pricing with AI-driven forecasts and real-time simulations. It develops markdown strategies tailored to each region, product, and store to maximize profit dollars, reduce margin-eroding losses, and efficiently clear space for new inventory.
Dynamic Pricing
The engine provides real-time insights to instantly adjust the Invent Analytics price across thousands of products and channels. It leverages competitor data, demand forecasts, and inventory levels to keep retailers competitive and maximize margins at any operational scale.
Allocation
Moving beyond manual spreadsheets, this solution positions inventory with precision. It uses dynamic, data-driven logic to determine where products will sell best. In this regard, it helps reduce stockouts, cut unnecessary fulfillment costs, and ultimately drive higher sell-through rates across all channels.
Pros And Cons of Invent Analytics
Pros
Optimizes inventory to reduce waste
Offers dynamic pricing and promotion tools
Supports AI-powered demand forecasting accuracy
Cons
No off-the-shelf mobile application
The niche focuses on profit-optimization
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Frequently Asked Questions
Does Invent Analytics offer an API?
The official website of Invent Analytics does not specify its API availability.
Does Invent Analytics have a mobile app?
Yes, Invent Analytics offers a mobile app for its phantom inventory module.
What types of pricing plans does Invent Analytics offer?
The Invent Analytics price is customizable as per the specific needs of each business. Request a personalized Invent Analytics pricing quote for your business.
What level of support does Invent Analytics offer?
Invent Analytics provides support through a dedicated "Hub Model" team, AI engine, form submission, and phone.
What other apps does Invent Analytics integrate with?
Invent Analytics software integrates with Inventory Management, Point-of-Sale (POS), and Supply Chain Management software programs.
What language does Invent Analytics support?
Invent Analytics is primarily available in English.
Who are the typical users of Invent Analytics?
The typical users of Invent Analytics features are a range of complex retail industries, including apparel and fashion, footwear retail, grocery and supermarkets, specialty hardlines, and health and wellness retail.