Invendor

Invendor is an Estonian company that builds vendor-managed inventory (VMI) hardware and software for industrial distributors and their manufacturing end-users. Its product line combines self-service dispensing hardware with a cloud back end: the Gravity Cabinet, a weight-sensing cabinet that tracks stock automatically; the Capture Cabinet, a scan-based cabinet operated by smartphone using barcodes or NFC tags; and a Storeroom App for smartphone-based management of conventional storerooms. Cabinets use adjustable shelf layouts and are positioned for plug-and-play installation with low maintenance.

The software layer consists of a Web Portal for cloud-based inventory control across cabinets and storerooms, covering user management and access rights, item master data import (including bulk import from Excel), configurable consumption and replenishment reports, data export to Excel or CSV, email notifications, registration of work order and project numbers, and interactive cabinet layout configuration. More-or-Less is an analytics tool that applies dynamic reorder-point management, tracking consumption per SKU per location for both consignment stock and internal inventory in main and regional warehouses; the company states it can raise inventory turnover by up to 300%. An integrations layer connects to ERP and WMS systems, syncing items, users and transactions via API and creating purchase orders and replenishment automatically.

The company states it was established in 2017 and describes its aim as delivering a full-stack, cost-effective and decentralised VMI solution that brings multiple parties onto one platform, arguing that existing VMI and self-checkout offerings are costly and hard to integrate into established workflows.

Founding story

The company states it was created to streamline industrial supply chains and maintenance storerooms, drawing on more than 60 years of collective industry experience among its team, with the goal of making VMI practical for distributors and their customers.

Business model

Invendor supplies a combined hardware and software offering — vending cabinets, a mobile storeroom app, a cloud portal and ERP/WMS integrations — to industrial distributors and end-user manufacturers, with sales run through live or pre-recorded demo requests. The public sources do not state pricing or contract structure.

Not stated in the available sources.

Traction

Company-reported figures: 16 countries served, more than 7,000 active users, over 350,000 annual inventory transactions, an average two-week hardware lead time, an eight-minute average support response time and 99.9% platform uptime. A third-party profile estimates annual revenue of about $1.54M and lists 11-20 employees.

Latest developments

Product set publicly comprises Gravity and Capture cabinets, the Storeroom App, More-or-Less analytics, the Web Portal and integrations, with live and recorded demo booking offered.