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support

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Description

Invent.ai is an innovative AI-driven decision-making platform that empowers retailers with advanced tools to optimize planning and operations, driving increased sales, revenue, and profit margins. By leveraging cutting-edge technology, Invent.ai integrates retail planning data, forecasts outcomes, and enhances inventory management, pricing strategies, and merchandising efficiency. The platform delivers rapid, measurable results, enabling businesses to make data-backed decisions with precision. Recognized as a 2024 Gartner® Representative Vendor for Retail Forecasting, Allocation, and Replenishment Solutions, as well as for Retail Unified Pricing and Promotion Optimization, Invent.ai has also earned accolades such as the 2024 RetailTech Breakthrough Customer Experience Award, SupplyChainBrain’s Great Supply Chain Partner Award, and the Supply & Demand Chain Executive’s Top Supply Chain Projects Award.

Description

The off-price retail sector is expanding at an unprecedented rate, but what exactly does it entail, and what contributes to its remarkable success? In this concise overview, we will explore the concept of off-price retail and uncover the factors that attract both brands and consumers. INTURN stands out as the sole enterprise inventory optimization platform that enables brands to effectively unload slow-moving and surplus stock to retailers, allowing them to recover cash more rapidly. Discover how our solution can enhance your off-price operations. Brands often grapple with surplus inventory that remains unsold at full price or even at reduced prices in retail environments, necessitating a strategy to monetize this excess stock for healthy cash flow and business viability. Consequently, they frequently turn to off-price retailers, who purchase these goods at substantial markdowns ranging from 40% to 60% off the wholesale price, accepting whatever terms are available for their surplus items. This dynamic not only benefits brands seeking to clear inventory but also empowers off-price retailers to offer attractive deals to budget-conscious consumers.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SAP Store

Integrations

SAP Store

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

invent.ai

Country

USA

Website

www.inventanalytics.com

Vendor Details

Company Name

INTURN

Country

United States

Website

www.inturn.com/off-price/

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

Alternatives

Alternatives

Pricing Lifecycle Reviews

Pricing Lifecycle

Profimetrics