Syrup Tech

Level 1 sponsor

Syrup is AI-powered inventory optimization technology that any fashion/apparel brand can use to improve full-price sell-through while eliminating stockouts.
 
We enable brands to leverage sophisticated AI models for demand forecasting and optimization, without requiring an in-house data science team. Our cutting-edge, fashion/apparel-specific models are optimized for each customer. They marry internal historical and transactional data with external event and trend data, creating a forecast at the size/color/style/location — significantly more granular than the status quo.
 
Customers using Syrup are reducing on-hand inventory by 20-30% and avoidable stockouts by 60-80%. This contributes to a 3-10% lift in full-price sell-through, and for the larger business, a 2-7% increase in net margin. Most customers are capturing >10x ROI.