Retailers Select Invent Analytics as Top Supply Chain Startup

From left to right: Katie Nicholos, RILA: Retail Innovation Center; Gurhan Kok, founder and chief scientist, and Koray Parkin, analytics solution manager, Invent Analytics; and Jenny Keehan, RILA's senior executive vice president for member services.

The Retail Industry Leaders Association (RILA) announced the winner of the 2020 Startup Innovation Awards for Supply Chain at their LINK2020: Retail Supply Chain Conference this week in Dallas. Following a showcase of three finalists, including Gatik, Invent Analytics, and Magazino GmbH, retailers voted and named Invent Analytics as the first place award winner.

Jess Dankert
Jess Dankert

“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.

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“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.”

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