Location
Headquarters: London, England, United Kingdom, Europe
Region: England
Country: GB
Continent: Europe
About
Dropit is an AI-powered decision intelligence platform for retailers that drives inventory planning, allocation, and logistics optimization. It integrates with existing sales and fulfillment systems to unify data into a secure data lake and uses machine learning to deliver actionable insights for demand planning, inventory management, and distribution. The solution aims to improve sell-through, reduce costs, and minimize stockouts across retailers, malls, and shopping centers on a global scale.
Dropit provides an AI-powered decision intelligence platform for retailers, integrating with existing ERP, OMS, and POS systems to unify data. The company uses machine learning to optimize inventory planning, allocation, and logistics, aiming to improve sell-through and reduce costs. Its solutions target retailers, malls, and shopping centers globally to enhance operational efficiency.
Dropit for America, Inc.
2016
for_profit
active
Industries
Primary Industry: Software
Categories
Funding & Financials
Series C
50000000
1m-10m
private
Investors
Founders
Karin Cabili
Leadership
Technology Stack
Products
Fulfillment-by-Store Solution: A system enabling physical stores to pick, pack, and dispatch online orders using existing inventory and in-store devices.
Smart Sourcing Solution: An AI-driven system that integrates with inventory to select the optimal store for fulfilling online orders based on stock and location.
Shipping and Delivery Management: A service managing shipping logistics by connecting with multiple courier partners to provide flexible delivery options and insurance.
Dropit Packing Solutions: Provision of standardized packing materials including bags and stickers for secure packaging of online orders in stores.
In-Store Device and Mobile Interface: A mobile device interface used by store staff to manage picking, packing, and order processing for online fulfillment.
Automated Bag Replenishment System: A system that monitors and automatically requests replenishment of Dropit packing bags to stores based on usage thresholds.