Invent Analytics Recognized Again as a Representative Vendor in the Gartner® Market Guide for Retail Forecasting, Allocation and Replenishment Solutions
PHILADELPHIA—May 17, 2024—Invent Analytics, a pioneering provider of retail planning solutions, proudly announces its inclusion again as a Representative Vendor in the Gartner® Market Guide for Retail Forecasting, Allocation, and Replenishment Solutions.
The Market Guide, published by Gartner®, the world's leading research and advisory company, acknowledges Invent Analytics as a Representative Vendor for its innovative solutions that empower retailers to profit-optimize their supply chain planning. This recognition underscores Invent Analytics'commitment to helping retailers make inventory decisions based on highly accurate granular forecasts, ultimately driving significant financial improvement.
Gartner® also named Invent Analytics as a Representative Vendor in its 2024 Market Guide for Retail Unified Price, Promotion, and Markdown Optimization Applications — Short Life Cycle. Read the press release about this recognition here.
According to Gartner®, “Retailers continue to struggle with maintaining legacy supply chain solutions alongside needs for modernization to support greater collaborative planning and data-centric planning techniques. These techniques leverage AI and ML (machine learning) capabilities and lag other sectors.” The research further states, “Historic forecasting, allocation and replenishment solution providers continue to modernize their solution suites. However, many newer entrants also bring innovative approaches to technology modernization.”
"We are excited to see Gartner's recognition of the challenges facing retailers in today's supply chain landscape," said Gurhan Kok, CEO of Invent Analytics. Our innovative approach to leveraging AI and machine learning ensures that retailers can overcome these challenges, make data-driven decisions and stay ahead of the curve."
Invent Analytics' suite of AI-driven solutions empowers retailers to modernize their forecasting, allocation, and replenishment processes, enabling them to enhance inventory planning, improve forecasting accuracy, and drive business growth. Invent Analytics helps retailers optimize their supply chain operations and meet the demands of today's customers.
Source
Gartner, Market Guide for Retail Forecasting, Allocation and Replenishment Solutions, Caleb Thomson, Gerhard Grimm, Tessa Mahon, April 24, 2024
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