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What is Retalon?

A financial plan, typically developed at a category level, serves as a crucial reference point and foundation for the creation of other strategic initiatives. This all-encompassing plan includes vital components necessary for establishing a long-term budget, along with projections related to sales, gross margin, inventory turnover, and various important key performance indicators (KPIs). Stakeholders can assess and endorse figures at different management tiers, which aids in setting financial targets for the upcoming year or several seasons ahead. The plan is based on a long-term demand forecast and utilizes insights from Retalon's predictive analytics engine, which scrutinizes historical sales data alongside factors like lost sales, promotional efforts, pricing adjustments, seasonality, and market dynamics to guide users in forecasting future sales, inventory levels, and receipts. Furthermore, this tool allows users to identify the best initial pre-allocation quantities while taking into account individual location requirements, plan-o-gram constraints, desired product assortments, inventory availability, and pertinent business guidelines. Consequently, this methodical approach to financial planning not only simplifies the decision-making process but also significantly boosts overall organizational productivity and responsiveness to market changes. By adopting such a structured framework, businesses can better navigate the complexities of financial management in a rapidly evolving landscape.

What is invent.ai?

𝗜𝗻𝘃𝗲𝗻𝘁.𝗮𝗶 𝗲𝗻𝗮𝗯𝗹𝗲𝘀 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗿𝗲𝘁𝗮𝗶𝗹 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝘁𝗵𝗮𝘁 𝗱𝗿𝗶𝘃𝗲𝘀 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗴𝗿𝗼𝘄𝘁𝗵, 𝗺𝗮𝗿𝗴𝗶𝗻 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆. 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, automatically executing them across the merchandise lifecycle for meeting customer demand. Retailers see measurable financial gains within months, including comp growth, EBIT improvement and increased revenue, all validated with machine learning and historical data analyses. Invent.ai’s AI-decisioning platform includes: Forecasting Delivers accurate, revenue-focused forecasts with intelligent decisioning that adapts as demand signals evolve. Invent.ai combines long- and short-term forecasting, demand sensing, open-to-buy forecasting and financial planning—helping retailers align inventory to demand across top-down, bottom-up and middle-out models. Planning Transforms static, rules-based workflows into actionable decisions. Invent.ai supports assortment, collection, item and range planning, along with size/pack optimization, clustering and buy planning—balancing customer demand, financial targets and operational constraints while cutting manual effort. Inventory Optimizes placement and flow across every channel. Invent.ai enables intelligent allocation, replenishment, transfers, rebalancing, omni-fulfillment optimization and returns positioning to reduce over- and under-stocking, boost availability and maximize inventory productivity. Pricing Protects margin and improves sell-through across the product lifecycle. Supports competitive pricing, dynamic pricing, promotion optimization and markdown management, allowing retailers to adapt in real time to maximize revenue.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Retalon

Date Founded

2002

Company Location

Canada

Company Website

retalon.com/solutions

Company Facts

Organization Name

invent.ai

Company Location

USA

Company Website

www.invent.ai/

Categories and Features

Planogram

Not specified

Predictive Analytics

Not specified

Retail Analytics

Not specified

Categories and Features

Dynamic Pricing

Not specified

Pricing Optimization

Not specified

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