Invendor

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Lehmja

Estonia

Invendor provides industrial distributors with a complete VMI solution, including smart cabinets, a smartphone app, weight-sensing technology, cloud administration, and API integrations.

Active

Manufacturing

Status

Active

City (Headquarter)

Lehmja

Country

Estonia

FTE’s

Employees

Founding Date

28/2/2017

Funding ($)

1200000

Phone

Contact Email

info@invendor.com

Founder

Founders

Joonas Puevi

Paul Lumi

Indrek Orro

Status

Active

City (Headquarter)

Lehmja

Country

Estonia

FTE’s

xxx

Employees

Funding ($)

xxxxxxx

Phone

xxxxxxxx

Founder

Founders

xxxxx

xxxxxx

xxxxx

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Status

Active

City (Headquarter)

Lehmja

Country

Estonia

FTE’s

xxx

Employees

Funding ($)

xxxxxxx

Phone

xxxxxxxx

Founder

Founders

xxxxx

xxxxxx

xxxxx

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Techsegment

Hardware

Software

IoT

Market Sub-Segment

Intralogistics

Procurement

Sustainability Sub-Segment

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Techsegment

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Sustainability Sub-Segment

xxxxxx

Market Sub-Segment

xxxxxx

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Techsegment

xxxxxx

Sustainability Sub-Segment

xxxxxx

Market Sub-Segment

xxxxxx

Description

With its VMI solutions, Invendor combines smart hardware mechanisms like weight sensing with the software to enable further analytics and automations. Distributors can manage their self-checkout stores in a cloud-based web application and therefore easily set up stores, add products, manage users, and get business intelligence to manage everything efficiently. Their customers can use the application for tool tracking, generating bookkeeping documents, and much more.

Company USP

Invendor offers smart software on top of its hardware infrastrcture allowing both sides of the VMI process to gather the real-time data needed to derive operational insights. This also allows to bundle multiple vendors in one industrial vending machine, maximizing the potential of VMI while keeping spacial restrictions in mind.

Problems Solved

Vendor-managed inventory are a great solution to reduce working capital and purchase goods at an as-needed basis. However, in order to be beneficial for both sides efficient replenishment and an real-time overview is needed for both sides and often not given in current solutions leading to out-of-stock scenatios or inefficient replenishment. At the same, time due to spacial restrictions VMI is usually reserved for bigger distributors or vendors which is a thing of the past with Invendor's multi-vendor stores.

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Description

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Company USP

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Description

Company USP

Business Model

B2B Hardware

B2B Software

Target Customers

Distributors and buyers of industrial consumables, goods, spare parts

Reference Customers

Alas-Kuul, SLO, Stoneridge and many more

Operating Geographies

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Business Model

xxxxxx

Target Customers

xxxxxx

Reference Customers

xxxxxx

Operating Geographies

xxxxxx

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Business Model

xxxxxx

Target Customers

xxxxxx

Reference Customers

xxxxxx

Operating Geographies

xxxxxx

Attachments

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Attachments

lorem-ipsum.pdf

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Attachments

lorem-ipsum.pdf

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