United StatesRetail and e-commerce2025 – ongoingFive Below
AI demand forecasting and inventory replenishment
Five Below expanded Invent.ai replenishment across all categories after a pilot implemented in 3 months
Problem
Five Below needed inventory planning that accommodated different product categories across its store network. It wanted to reduce stockouts and excess inventory.
Approach
Five Below adopted Invent.ai's platform for store-product demand forecasts and daily inventory decisions. The system set replenishment quantities and reorder points for stores and distribution centers. A pilot implemented in 3 months across several categories preceded expansion to all business categories.
Results
Takeaway
Expansion established operational use across categories. The supplier did not quantify changes in stockouts or inventory productivity.
Categories
- Size
- Large enterprise
- Industry
- Retail and e-commerce
- Business function
- Logistics and supply chain
- Innovation type
- Process innovation
- AI technology
- Predictive analytics and MLOptimization
- Adoption
- Vendor solution
- Evidence
- Vendor case study
Sources
Source summaries
Invent.ai reported that Five Below used its platform for daily forecasting and replenishment decisions. It described a pilot implemented in 3 months and subsequent expansion to all categories, without quantified inventory benefits.
Full details are in the original sources.