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features
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support

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Write a Review

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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

SAP Store No 

Integrations

SAP Store Yes 

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 Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

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) No 
In Person No 

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 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

Retail Management

CRM No 
Commission Management No 
Email Marketing No 
Employee Management No 
Loyalty Program No 
Mail Order No 
Merchandise Management No 
Multi-Location No 
Order Management No 
Purchase Order Management No 
Reporting/Analytics No 
Returns Management No 
eCommerce No 

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