Invent Analytics Selected as a Finalist for the 2022 Retail Supply Chain Excellence Award
Philadelphia, August 11, 2022 – Today, invent.ai announced that it has been named a finalist for the 2022 Retail Supply Chain Excellence Award.
Supply Chain Excellence Awards recognize organizations around the world that demonstrate excellence in their supply chain operations. It rewards those companies who have attained the highest standards and celebrates the best supply chain management practices.
This year, invent.ai is honored to be among global businesses that demonstrate excellence and to be recognized as a finalist in the Retail Supply Chain Excellence category. The company is selected with its “Omni-Channel Supply Chain Network and Inventory Planning Optimization” project in partnership with a leading European footwear retailer, FLO.
“We are honored to be recognized for our accomplishments in the retail industry, says Özgur Karabulut, VP of Solutions, invent.ai. “This project is a great example of how invent.ai's omni-channel solutions empowered FLO to adapt and thrive in the new era of retail. By integrating an end-to-end supply chain planning system, we empowered FLO to deliver modern omni-channel customer experiences. We have also profit-optimized their entire supply chain and delivered significant financial improvement with our AI-powered solutions.” he commented.
“We value our partnership with invent.ai a lot. Their margin-driven, profit-optimizing science and tailor-fit solutions enabled us to achieve incredible business results. And today, we are delighted to be recognized by prestigious Supply Chain Excellence Awards with our omni-channel retail supply chain project.” says Hakan Uğur, Chief Merchandising Officer, FLO.
Now in its 26th year, The Supply Chain Excellence Awards will be presented on November 8th, 2022, at a glittering award ceremony at the Park Lane Hilton in London, UK.
Additional Resources:
- Discover FLO’s omni-channel transformation journey.
- Learn more about invent.ai's Omni-Network and Omni-Channel Inventory Optimization
About invent.ai
invent.ai's Omni-AI delivers significant financial improvement by empowering retailers to profit-optimize their supply chain. It orchestrates a retailer’s entire supply chain by unifying network planning, inventory and price optimization, and fulfillment in one framework.
invent.ai puts retailers’ omni-customers at the heart of its tailor-fit solutions. It proves the financial benefits with pre-go-live simulations and rigorous A/B testing. invent.ai's over 30 clients have experienced a 2-6% increase in profitability.
invent.ai's Omni-AI SaaS solutions are:
- Omni-Network Design
- Omni-Plan Suite
- Omni-Demand Forecasting
- Omni-Store and DC Replenishment Optimization
- Omni-Allocation Optimization
- Omni-Transfer Optimization
- Markdown Optimization
- Assortment Optimization
- Dynamic and Competitive Price Optimization
- Omni-Fulfillment
invent.ai has been selected as the Top Supply Chain Startup by Retail Industry Leaders Association (RILA) and won the 2020 Startup Innovation Awards for Supply Chain.