Invent Analytics Selected as Top Supply Chain Startup

2020 Startup Innovation Award Winner for Supply Chain

Washington, DC - The Retail Industry Leaders Association (RILA), the trade association for the world's largest and most innovative retail brands, today announced the winner of the 2020 Startup Innovation Awards for Supply Chain. Following a showcase of three finalists at RILA's LINK2020: Retail Supply Chain Conference, retailers voted and named Invent Analytics as the first place award winner.

"As retailers look to evolve their supply chains to meet consumer demands in new and exciting ways, exposure to new players and cutting-edge solutions is incredibly valuable," said Jess Dankert, RILA's vice president of supply chain. "The Awards showcase innovation and the fact that top retail supply chain executives chose Invent Analytics as the winner, is a great testament to their technology and hard work.  RILA is honored to be able to recognize them in Dallas."

Invent Analytics is a provider of advanced analytics solutions for retailers, focused on Inventory Optimization, Price and Markdown Optimization and Demand Forecasting.

"We're honored to win RILA's Startup Innovation Award," said Gurhan Kok, founder of Invent Analytics. "The tremendous feedback we've received shows retailers are ready to take inventory management to the next level and that our profit maximizing solution, driven by state-of-the-art AI, is what they have been waiting for."

RILA is the US trade association for leading retailers. We convene decision-makers, advocate for the industry, and promote operational excellence and innovation. Our aim is to elevate a dynamic industry by transforming the environment in which retailers operate.

RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.
  • Technology & Innovation
  • Retail Supply Chain Conference
  • Supply Chain

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