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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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$5000.00/one-time
Free Trial No 
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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
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) No 
Online Support No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

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 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

Production Scheduling

"What If" Scenarios Yes 
Automated Scheduling No 
Bottleneck Optimization No 
Capacity Planning No 
Constraint Scheduling No 
Job Scheduling No 
Material Planning Yes 
Priority-Based Scheduling No 
Quality Control No 

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