The RetailTech Breakthrough Awards celebrate the most innovative tools, services and companies pushing the boundaries of the retail experience. With nominations spanning across inventory management, merchandising awards and retail operations, the program highlights advancements shaping the future of retail. Invent.ai stood out for empowering retailers to navigate the growing complexity and cost of returns management with its innovative technology.
The invent.ai Returns Positioning Solution improves operations through:
As return rates climb across the retail industry, traditional returns strategies struggle to keep up, resulting in excess costs, markdowns and operational inefficiencies. Invent.ai’s technology turns that challenge into an opportunity—using machine learning to predict future return volumes and make intuitive decisions that streamline the entire process.
“Our goal is to help retailers see returns as a revenue opportunity instead of a burden,” said Gurhan Kok, Founder & CEO, invent.ai. “This award validates our vision for helping retailers rethink returns management as part of a more dynamic merchandising and inventory strategy.”
To learn more about invent.ai and its returns optimization solution, visit www.invent.ai.
Invent.ai is a pioneering AI-decisioning platform that gives retailers superpowers to make the best planning and operational decisions to grow sales, revenue and margin dollars. Delivering fast, measurable value through its technology solutions, invent.ai brings together retail planning data, predicts outcomes, and optimizes inventory, pricing and merchandising.