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Average Ratings 6 Ratings
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Description
Optimizing Pricing for Profit, Gaining Insights on Competitor Pricing, and Forecasting Demand are all enhanced through the use of AI and Machine Learning technologies. This approach resulted in a remarkable 14.4% increase in sales for a popular American casual apparel brand due to more effective pricing strategies. By employing Intelligent Demand Forecasting, we merge the strengths of machine learning with human expertise, taking into account various factors such as local events, holidays, back-to-school periods, school closures, community festivals, social signals, and broader economic indicators. Our services encompass Demand Forecasting, Store Ordering, Purchase Order Recommendations, and efficient Shelf Space Allocation & Optimization, all backed by Continuous Monitoring and Improvement processes. Additionally, we focus on Intelligent Pricing to achieve better sales realization and enhanced profit margins. By analyzing price elasticity based on product, location, and time, we can strategically determine appropriate mark-ups or markdowns. Our Differential Pricing Strategies are designed to prevent a downward pricing spiral, and we utilize A/B testing to validate our methods and results effectively. Ultimately, our comprehensive approach not only supports immediate sales goals but also fosters long-term growth and sustainability in the competitive market.
Description
StockTrim is inventory planning and demand forecasting software. It can save SMBs up to 40% on their working capital. Machine learning algorithms analyze stock behavior and recommend order plans to optimize inventory and stock control.
Our delighted users report:
A) Increase in cash flow of 20-40% due to working capital retention and reduced overstocks
b) HALVING under-stocking that was causing sales and profits to drop
c) 75% TIME sAVER in planning and replenishment
Implementation is simple and the 14-day free trial allows you to set up your system and receive very useful analysis.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Acumatica Cloud ERP
No
Amazon Seller Central
No
BigCommerce
No
Cin7 Inventory Management
No
DEAR Inventory
No
Descartes Finale Inventory
No
Descartes Sellercloud
No
Fishbowl
No
Lightspeed Retail
No
MRPeasy
No
Integrations
Acumatica Cloud ERP
Yes
Amazon Seller Central
Yes
BigCommerce
Yes
Cin7 Inventory Management
Yes
DEAR Inventory
Yes
Descartes Finale Inventory
Yes
Descartes Sellercloud
Yes
Fishbowl
Yes
Lightspeed Retail
Yes
MRPeasy
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$99.00/month/user
Based on number of SKUs
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Vendor Details
Company Name
StockTrim
Founded
2017
Country
New Zealand
Website
www.stocktrim.com
Product Features
Demand Planning
Capacity Planning
Yes
Data Visualization
Yes
Historical Reporting
Yes
Inventory Optimization
Yes
Planned vs Actual Tracking
Yes
Product Introduction Planning
Yes
Promotions Management
No
Replenishment Management
Yes
Sales Forecasting
Yes
Supply Forecasting
Yes
Product Features
Demand Planning
Capacity Planning
Yes
Data Visualization
Yes
Historical Reporting
Yes
Inventory Optimization
Yes
Planned vs Actual Tracking
No
Product Introduction Planning
Yes
Promotions Management
Yes
Replenishment Management
Yes
Sales Forecasting
Yes
Supply Forecasting
Yes
Inventory Control
Allocation
Yes
Barcoding
No
Cost Tracking
No
Forecasting
Yes
Item Management
Yes
Order Management
Yes
Procurement Management
Yes
Reorder Management
Yes
SKU / UPC Codes
Yes
Serial Number Tracking
No
Supplier Management
Yes
Inventory Management
Alerts/Notifications
No
Barcoding / RFID
No
Forecasting
Yes
Inventory Optimization
Yes
Kitting
No
Manufacturing Inventory Management
Yes
Mobile Access
Yes
Multi-Channel Management
Yes
Product Identification
Yes
Reorder Management
Yes
Reporting/Analytics
Yes
Retail Inventory Management
Yes
Supplier Management
Yes
Warehouse Management
Yes
