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Description
Invent.ai helps enterprise retailers make faster planning, inventory and pricing decisions through AI decisioning that connects demand, margin and inventory context.
Invent.ai’s AI-Decisioning Platform turns hundreds of internal and external demand signals into real-time, revenue-optimized decisions across forecasting, planning, inventory and pricing. By automatically executing these decisions across the entire merchandise lifecycle, retailers see measurable financial gains—including comp growth and EBIT improvement—within months, all validated by machine learning and historical data analysis.
Our AI-Decisioning Capabilities Include:
• Forecasting: Delivers accurate, revenue-focused forecasts using intelligent decisioning that adapts as market signals evolve. Combines long- and short-term forecasting, demand sensing and financial planning to align inventory across top-down, bottom-up and middle-out planning needs.
• Planning: Transforms static, rules-based processes into clear, actionable decisions. Supports assortment, item and range planning alongside size/pack optimization, clustering and buy planning—balancing customer demand, financial targets and operational constraints.
• Inventory: Optimizes placement and flow across every channel. Powers intelligent allocation, replenishment, transfers, rebalancing, omni-fulfillment and phantom inventory mitigation to eliminate stockouts, reduce waste and increase inventory productivity.
• Pricing: Protects margins and boosts sell-through with dynamic pricing, competitive analysis, promotion optimization and lifecycle markdown strategies that adapt to market conditions in real time.
Description
Retailers and online merchants face a variety of shared obstacles, including excess inventory and the challenge of setting optimal prices influenced by factors like inventory worth, market competition, seasonal trends, and consumer attitudes. To address these issues, NextOrbit has created advanced technology that leverages artificial intelligence and machine learning to assist sellers in determining the best pricing strategies for their products. This innovative solution features several key elements: the NextOrbit PriceMind platform, which utilizes AI and machine learning to enhance pricing decisions, ultimately boosting both profits and sales; the NextOrbit DemFor tool, which improves demand forecasting for more efficient inventory turnover; and the NextOrbit PriceEye platform that tracks competitor pricing, providing timely alerts about their pricing strategies as frequently as desired. By integrating intelligent demand forecasting with a blend of machine learning and human insight, NextOrbit effectively merges the strengths of both approaches, while also accounting for the influence of local events on market dynamics. This comprehensive system not only optimizes pricing strategies but also enhances overall business performance by ensuring that retailers are well-equipped to respond to changing market conditions.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
invent.ai
Country
USA
Website
www.invent.ai/
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
No
Market Analysis
No
Multi-Store Management
No
Price List Management
No
Price Optimization Automation
No
Pricing Analytics
No
Profitability Analysis
No
Scenario Planning
No
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
Yes
Market Analysis
Yes
Multi-Store Management
No
Price List Management
Yes
Price Optimization Automation
No
Pricing Analytics
Yes
Profitability Analysis
Yes
Scenario Planning
No
