Inventory Management Company Cin7 Acquires Inventoro

The acquisition will combine Inventoro’s sales forecasting tech with Cin7’s inventory management software.

Published on May. 02, 2024
Inventory Management Company Cin7 Acquires Inventoro
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Cin7, a Denver-based company offering inventory and order management software, has announced its acquisition of Inventoro, a company specializing in AI-driven sales forecasting and replenishment optimization. The partnership aims to address inefficiencies like overstocking that can result in significant losses for product sellers.

Cin7’s cloud-based solution gives product businesses automated and real-time visibility into the entire inventory lifecycle. Its products, Core and Omni, integrate with over 700 applications to help owners consolidate, streamline, automate and scale their inventory operations.

Inventoro’s solutions enable sellers to predict future product demand. Its platform provides daily updates on optimization performance and insights on which products drive the most profit. By combining this technology with Cin7’s inventory management software, the companies want to help sellers maintain optimal stock levels and eliminate overages.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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