Invepin FAQ Center
Get answers to your questions about our AI + IoT inventory tracking system
How is Invepin priced?
We're currently finalizing our pricing models for different market segments. Pricing will be tailored based on deployment size, industry requirements, and integration complexity. Contact us for a customized quote.
What kind of ROI can I expect?
While specific ROI varies by industry and implementation, our system addresses major cost centers: Reduces inventory shrinkage (retail theft costs $50B annually), Prevents phantom stock issues ($1.1T global cost), Improves stock turnaround and availability, Enhances operational efficiency through real-time visibility. Detailed ROI reports are provided after pilot completion.
How secure is the Invepin system?
Security is paramount in our design: AES-256 encryption for data at rest and in transit, TLS/SSL protocols for all communications, Tamper-proof micro-pins with immediate alerting, Role-based access control, Immutable audit logs with AI anomaly monitoring, Token-based secure APIs with rate limiting, Blockchain-based authentication planned for high-risk sectors.
Do you offer pilot programs?
Yes! We offer 6-12 week pilot programs for large retailers. We deploy micro-pins on select SKUs across 5-10 locations with Colony hubs and Hive cloud integration. The pilot measures inventory shrinkage reduction, stock turnaround, real-time visibility, sales preservation, and ROI.
How long does it take to implement Invepin?
Typical timeline is 12-24 weeks from initial contact to full rollout: Discovery & Scoping: 1-2 weeks, Pilot Design & Setup: 3-6 weeks, Pilot Execution & Optimization: 7-12 weeks, Full Deployment Prep: 13-16 weeks, Scaled Rollout: 17-24+ weeks. Timeline varies based on client readiness, number of sites, integration complexity, and hardware lead times.
How long do the devices last?
Micro-pins: 3-5 years (replaced for battery depletion, damage, or item removal). Colony hubs: 5-7 years (replaced for obsolescence or infrastructure changes). Remote diagnostics and predictive maintenance help extend device longevity.
What do the status indicators mean?
Our visual system uses three colors: Green: Item is accounted for and in the correct zone. Red: Item is missing or out-of-zone. Yellow: Item is in transit or device has low battery.
What makes Invepin different from other inventory systems?
Unlike traditional systems, Invepin offers: Real-time visual tracking with AI-powered detection, Edge-AI learning that auto-shares object classification and movement patterns, Tamper detection and robust security features, Seamless integration with existing POS/ERP systems, Works offline through BLE/RFID, syncing when connection restores.
How does the Invepin system work?
Our ecosystem consists of three main components: Invepin Devices (Micro-pins): BLE/GPS-enabled smart tags that attach to items and act as nodes. Colony Hubs: Local dashboards for individual stores that maintain real-time tracking even during internet outages. The Hive Cloud: Centralized analytics, security, and management platform with elastic scaling.
What industries does Invepin serve?
We primarily serve retail chains, luxury retail stores, grocery chains, casinos & resorts, warehousing & logistics companies, and big-box retailers. Our system is designed to scale across any industry that manages physical inventory.
When was Invepin founded and who leads the company?
Invepin was founded out of frustration with broken inventory systems in retail, logistics, and hospitality sectors. The company is led by CEO James and consists of four executives, one software engineer, and one hardware engineer.
What is Invepin International LLC?
Invepin International LLC is an innovative technology company that develops advanced AI + IoT inventory tracking and asset management systems. Our mission is to make inventory management smart, visual, connected, and self-protecting across multiple industries including retail, hospitality, logistics, and warehousing.
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