Average Ratings 0 Ratings
Average Ratings 6 Ratings
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
API Access
Has API
Integrations
Acumatica Cloud ERP
BigCommerce
Cin7 Inventory Management
DEAR Inventory
Descartes Finale Inventory
Descartes Sellercloud
Fishbowl
Katana Cloud Inventory
Lightspeed Retail
MRPeasy
Integrations
Acumatica Cloud ERP
BigCommerce
Cin7 Inventory Management
DEAR Inventory
Descartes Finale Inventory
Descartes Sellercloud
Fishbowl
Katana Cloud Inventory
Lightspeed Retail
MRPeasy
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$99.00/month/user
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
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
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
Product Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
Inventory Control
Allocation
Barcoding
Cost Tracking
Forecasting
Item Management
Order Management
Procurement Management
Reorder Management
SKU / UPC Codes
Serial Number Tracking
Supplier Management
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management