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Optimize inventories to boost margins See Your ROI

Celect is transforming retail inventory decision-making through patented, award-winning, AI-powered inventory optimization. Our specialty is delivering margin improvements by increasing full price sell-through, reducing out-of-stocks, and decreasing markdowns.

Celect in 60 Seconds

 

Future

Align Inventory to Hyperlocal Demand

Traditional forecasting methods and rules-based execution systems don't address the data challenges retailers face today. Leverage data more effectively through patented, AI-driven algorithms to align inventory to hyperlocal demand predictions. 

Data Sources

Optimize Inventories in an Omnichannel Environment

Today’s consumer has more ways to shop than ever before, placing enormous strains on inventories & demand forecasting. Optimize inventory decisions with Celect to consider all forms of demand (walk-in, BOPIS, online, etc.).

Box

Drive Rapid ROI by Enhancing Existing Solutions

Augment existing execution systems (planning, allocation, OMS) in 3-6 months with Celect’s AI-based solutions to move away from rules-based processes and drive optimal inventory decisions.

AWARDS & RECOGNITION

2019 Supply & Demand Chain Executive
Retail Touchpoints 2019 Retail Innovator Award
Top 50 Innovations - MIT CSAIL Lab
The Leading 100 Breakout Tech Startup
Gartner Magic Quadrant for Merchanidse Assortment Management Applications 2017
homepage-award-apparelmag19-1
2-5%
Increase in Full-Price
Sell-Through
6-8%
Reduction in
Lost Sales
25-50%
Reduction in 
Markdowns
10-15%
Lower Fulfillment,
Inventory, & Labor Costs
1-5%
Margin
Improvements

Celect uses artificial intelligence to help retailers optimize their omnichannel inventory investments. Projects typically take three to six months to implement, delivering value quickly without ripping and replacing (we plug into your existing systems). Customers who use Celect today see a range of benefits, including increased full-price sell-through, reduced markdowns, improved margins, and more. 

Learn more about our solutions  

What people Are Saying

"Retail is in a transformational phase and we are excited to continue our growth with Celect through advanced analytics and optimization."


Jennifer Mak, SVP of Omnichannel at the ALDO Group

"Celect is going to help you maximize placement of merchandise and also best determine where to fulfill from to maximize full-price selling and gross margins."


Michael Relich, COO of  Lucky Brand

Hear from our Customers

Demand Prediction & Optimization

Leverage omni-channel data you already have to develop a granular and precise understanding of localized demand. Determine the optimal assortment based on customer preference and product interactions.

Revolutionary Science

Celect’s underlying technology and intellectual property builds on a fundamental advance in Machine Learning. MIT's Computer Science and Artificial Intelligence Laboratory called this one of the 50 greatest innovations it has produced.

Celect Engine

Powering the world’s first fully data-driven, SaaS-based Inventory Optimization Suite purpose-built for retail, the Celect Engine delivers actionable insights and critical decision support through advanced analytics.

Boost your gross margins

Calculate ROI

As Seen In:

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MIT
NYT
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