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What is DemFor?

Enhancing profit margins, gaining insights into competitor pricing, and accurately forecasting demand are significantly improved through the integration of AI and Machine Learning technologies. This innovative strategy led to an impressive 14.4% sales boost for a well-known American casual apparel brand by implementing more effective pricing models. By leveraging Intelligent Demand Forecasting, we combine the capabilities of machine learning with human intuition, considering a variety of influences such as local events, holidays, back-to-school seasons, school closures, community celebrations, social signals, and overarching economic trends. Our offerings include Demand Forecasting, Store Ordering, Purchase Order Recommendations, and optimized Shelf Space Allocation, all supported by ongoing Monitoring and Improvement processes. Moreover, we prioritize Intelligent Pricing to enhance sales realization and profit margins. By evaluating price elasticity across different products, locations, and times, we can strategically decide on suitable mark-ups or markdowns. Our Differential Pricing Strategies aim to avert a downward pricing spiral, while A/B testing allows us to effectively validate our approaches and results. In essence, our holistic approach not only addresses immediate sales objectives but also cultivates enduring growth and resilience in a competitive marketplace, ensuring that businesses can adapt to changing conditions and thrive over time.

What is Blue Yonder Retail Planning?

Enhance your growth potential by optimizing your strategies related to clustering, pricing, and promotions, so that you can consistently satisfy customer preferences. As customers increasingly transition among physical stores, online platforms, and home delivery services, inventory management has become more complex than ever. Retail spaces are evolving into multifunctional hubs that serve not only as retail locations but also as distribution centers and sites for online order pickups and returns, leading to necessary adjustments in store design and staffing. In this complicated landscape, it is crucial for retailers to implement robust merchandise operations systems to improve efficiency and maintain oversight of inventory levels. Blue Yonder provides an integrated planning suite tailored for accurate inventory management, ensuring that products are available at the right time, place, and price. By utilizing our comprehensive retail merchandising system, retailers can enhance both annual and same-store sales, improve their sales pattern analysis, elevate conversion rates, boost revenue, and cultivate customer loyalty amid a rapidly changing market. Adopting these innovations will not only position retailers to succeed but also prepare them to adapt to future market shifts effectively. Ultimately, embracing such advancements is vital in order to navigate the competitive landscape with confidence.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

NextOrbit

Date Founded

2014

Company Location

India

Company Website

www.nextorbit.com/en/

Company Facts

Organization Name

Blue Yonder

Date Founded

1985

Company Location

United States

Company Website

blueyonder.com/solutions/retail-planning-and-category-management

Categories and 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

Categories and 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

Retail Execution

AI / Image Recognition
Collaboration Tools
Data Collection
Inspection
Pricing / Placement Optimization
Product Education
Product Promotion Strategy
Retail Site Audit
Workforce Management

Space Management

Change Management
Design Management
Floor Plans & Maps
For Offices
For Retail
Occupancy Management
Planogramming
Shelf Planning
Space Reservation
Usage Tracking / Analytics

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