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Footasylum and invent.ai Optimize Inventory to Boost Revenue
TelAve News/10877221
Footasylum leverages AI-powered solutions to optimize inventory planning, improve transfer efficiency, reduce lost sales and increase revenue.
PHILADELPHIA - TelAve -- Footasylum (https://www.footasylum.com/), one of the leading retailers known for its curated selection of the latest trending streetwear, favorite classics and essentials, and a prominent fixture on the British high street since 2005, has selected invent.ai—a global leader in retail inventory optimization and multi-agentic AI—to enhance its inventory demand planning, reduce lost sales and optimise inter-branch transfers and replenishment across its store network.
"Invent.ai stands out for their ability to translate complex data into actionable insights that drive revenue. Their AI-powered solutions enable us to position our products more strategically, and ensure we have the right products in the right stores to capture every sales opportunity." David Pujolar, CEO
Through this collaboration, Footasylum gains the ability to forecast demand more precisely, reduce lost sales and execute optimal inventory transfers to locations where products are most likely to sell at the highest margins. Furthermore, by optimizing replenishment, Footasylum will ensure that each store receives the right amount of inventory at the right time, improving product availability, reducing lost sales and maximizing revenue.
More on TelAve News
"We are proud to partner with such a well-known high street fashion brand and support their efforts to take their inventory optimization to the next level. Our AI-powered solutions will enable Footasylum to optimize inventory decisions and make every decision based on profitability where appropriate and drive more revenue from less inventory," said Farid Mohsen, UK VP, invent.ai.
About Footasylum
Established back in 2005, Footasylum has made a name for itself as one of the leading retailers of fashion streetwear and sportswear. Always on the lookout for new and upcoming brands, they've got their finger firmly on the pulse of the street and sports fashion scene.
Shop the latest releases from global brands such as Nike, adidas Originals New Balance, Monterrain and Zavetti Canada.
About invent.ai
Invent.ai is a multi-agentic AI-decisioning platform that turns retail data into real-time decisions and automated actions across inventory, pricing and merchandising. Serving retailers worldwide, invent.ai drives measurable sales, revenue and margin performance while helping organizations navigate dynamic markets and improve operational efficiency. For more information visit www.invent.ai.
"Invent.ai stands out for their ability to translate complex data into actionable insights that drive revenue. Their AI-powered solutions enable us to position our products more strategically, and ensure we have the right products in the right stores to capture every sales opportunity." David Pujolar, CEO
Through this collaboration, Footasylum gains the ability to forecast demand more precisely, reduce lost sales and execute optimal inventory transfers to locations where products are most likely to sell at the highest margins. Furthermore, by optimizing replenishment, Footasylum will ensure that each store receives the right amount of inventory at the right time, improving product availability, reducing lost sales and maximizing revenue.
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"We are proud to partner with such a well-known high street fashion brand and support their efforts to take their inventory optimization to the next level. Our AI-powered solutions will enable Footasylum to optimize inventory decisions and make every decision based on profitability where appropriate and drive more revenue from less inventory," said Farid Mohsen, UK VP, invent.ai.
About Footasylum
Established back in 2005, Footasylum has made a name for itself as one of the leading retailers of fashion streetwear and sportswear. Always on the lookout for new and upcoming brands, they've got their finger firmly on the pulse of the street and sports fashion scene.
Shop the latest releases from global brands such as Nike, adidas Originals New Balance, Monterrain and Zavetti Canada.
About invent.ai
Invent.ai is a multi-agentic AI-decisioning platform that turns retail data into real-time decisions and automated actions across inventory, pricing and merchandising. Serving retailers worldwide, invent.ai drives measurable sales, revenue and margin performance while helping organizations navigate dynamic markets and improve operational efficiency. For more information visit www.invent.ai.
Source: invent.ai
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