invent.ai for Migros: 11% Inventory Days Reduction and 1.7% Availability Increase

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invent.ai for Migros: 11% Inventory Days Reduction and 1.7% Availability Increase

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Migros, one of the world's leading grocery retailers, operates over 2,000 stores ranging from small convenience outlets to large hypermarkets. With an annual revenue of $4 billion and managing a vast portfolio of 30,000 SKUs across 11 distribution centers, Migros faced a challenge in balancing inventory reduction with product availability. Managing 30,000 SKUs across a large network of stores and fulfillment channels—both in-store and e-commerce—made it difficult to strike the right balance. Traditional systems and manual processes were unable to cope with the increasing scale and complexity. Migros partnered with invent.ai after evaluating multiple technology providers. They chose invent.ai's AI-powered platform for its advanced capabilities in inventory forecasting and replenishment. The collaboration began with a successful pilot program across 200 stores, which then expanded to all 11 distribution centers and 2,000 retail locations. The solution included real-time inventory tracking at product-store-day level, adaptive forecast models automatically adjusting to trends and outliers, and strategic replenishment decisions. Invent.ai's platform makes over 20 million inventory decisions each day. Results: Inventory days decreased by 11%; Availability improved by 1.7%; Lost sales were reduced by 1.3%; Overstocking and excess carrying costs were reduced. We were impressed at how quickly we started seeing the benefits of invent.ai systems. With a 1.3% lost sales reduction, inventory days reduced by more than 11% and stock availability increased by 1.7%, we saw a significant reduction in working capital in just five months.

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