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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
ALT-C Systems presents its premier software solution, the TimeTrends Forecast Warehouse, which offers an easy-to-use and technologically advanced forecasting mechanism designed to meet the distinct requirements of various businesses. TimeTrends allows you to seamlessly merge qualitative forecasts sourced from the Internet with automatically generated statistical predictions. The software efficiently imports demand history and other relevant data from your MRP/ERP systems without hassle. Users can conduct forecasts in a top-down or bottom-up manner, utilizing an unlimited number of hierarchical perspectives, each customizable to multiple levels. The platform facilitates streamlined management of the forecasting process by enabling the configuration of exceptions on a user-by-product basis, ensuring that planners concentrate on the elements crucial to enhancing your company's profitability. This solution serves as a thorough approach to Forecasting and Demand Management, enabling interaction with TimeTrends from any online connection. Furthermore, it empowers users to address supply chain challenges effectively through Distribution Requirements Planning (DRP). With TimeTrends, businesses can enhance their forecasting accuracy and make informed decisions that drive success.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$5000.00/one-time
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
ALT-C Systems
Founded
1992
Country
Canada
Website
www.alt-c.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
Production Scheduling
"What If" Scenarios
Automated Scheduling
Bottleneck Optimization
Capacity Planning
Constraint Scheduling
Job Scheduling
Material Planning
Priority-Based Scheduling
Quality Control