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What is DemandTec?

By advancing AI-driven pricing strategies to new heights, we equip retailers and consumer packaged goods partners with the tools necessary for implementing ideal pricing, promotions, and markdowns that are crucial for success in today's highly competitive retail sector. The landscape of retail has been irreversibly altered by the COVID-19 pandemic, prompting a fundamental reassessment of traditional planning, pricing, and promotional tactics. This exclusive report sheds light on how to effectively meet the evolving demands of future consumers. Utilizing integrated and cohesive data sources along with collaborative teams, companies can boost supplier partnerships through enhanced consumer insights and analytics. The incorporation of innovative and flexible data science ensures smooth compatibility with diverse analytical platforms, facilitating a more profound understanding of shopper behavior concerning pricing, promotions, and markdowns. With the support of AI, data science, and sophisticated predictive and prescriptive analytics, companies can attain remarkably precise forecasting that aligns with market dynamics. Ultimately, these advancements not only enable retailers to adjust to new challenges but also empower them to flourish in an ever-changing environment. In this way, businesses can cultivate resilience and adaptability, positioning themselves for long-term growth and success.

What is Algopine?

We develop, manage, and implement predictive software solutions that utilize advanced data science and machine learning methodologies. Our software offerings are tailored for major e-commerce companies and retail chains, using machine learning techniques to forecast sales and improve inventory distribution in both stores and warehouses. Moreover, we provide a customized product recommendation system for online retailers that employs real-time Bayesian networks to deliver tailored product suggestions to visitors shopping on e-commerce platforms. In addition, we have created an automated pricing recommendation tool that enhances profitability by examining statistical models related to price and demand elasticity. Our services also encompass an API that identifies the most efficient routes for batch picking in a retailer's warehouse, leveraging sophisticated shortest path graph algorithms to enhance operational efficiency. Through these cutting-edge solutions, we strive to empower businesses to effectively address their customers' demands while optimizing their overall operations, ensuring they stay competitive in a rapidly evolving market. Ultimately, our goal is to foster innovation that drives success for our clients.

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

Acoustic

Date Founded

2019

Company Location

United States

Company Website

www.demandtec.com

Company Facts

Organization Name

Algopine

Date Founded

2018

Company Location

Slovakia

Company Website

algopine.com

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Categories and Features

Data Science

Access Control
Advanced Modeling
Audit Logs
Data Discovery
Data Ingestion
Data Preparation
Data Visualization
Model Deployment
Reports

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

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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