Mattress Firm is enhancing its inventory management by partnering with Invent.ai to implement an AI-driven platform aimed at improving demand forecasting and distribution center replenishment. This technology helps retailers better predict inventory needs based on actual sales data rather than just sales expectations, allowing them to identify stock level anomalies and optimize inventory orders. Deborah Weidemeyer, VP of merchandising lifecycle at Mattress Firm, expressed confidence in the expected return on investment from this initiative. Other companies, like Mathis Home and Fabletics, are also adopting AI for similar supply chain improvements.

Source: https://www.supplychaindive.com/news/mattress-firm-ai-inventory-management/747165/