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What is Nextail?

Elevate your merchandising effectiveness by embracing a flexible, data-driven approach that enhances operational efficiency and accelerates results. By utilizing automation and predicting demand at a hyper-local level, you can streamline inventory, enhance sales performance, and enable your teams to make data-informed choices. It's essential to move away from antiquated merchandising practices, including WSSI and other historical methodologies. Nextail offers algorithm-based, retail-oriented solutions that not only boost adaptability and productivity but also minimize manual processes and uncertainty. Combat isolated stock challenges by implementing dynamic buffers that permit daily modifications in volume allocation between online and brick-and-mortar channels. This strategy not only reinforces the expertise of your buyers but also empowers them to acquire the ideal quantity of new products by accurately forecasting local demand. By adopting mid-term, bottom-up forecasts at the SKU level, you can ensure that purchasing decisions are primarily based on 80% data and merely 20% intuition, fostering a more analytical and strategic perspective on inventory management. In essence, this shift empowers retailers to swiftly adjust to evolving market conditions and consumer preferences, ultimately leading to a more responsive and resilient business model. Adopting such an innovative approach will not only keep your merchandising relevant but also enhance overall customer satisfaction.

What is Algonomy Order Right?

Algonomy's Order Right allows retailers to transition from conventional, standardized replenishment methods to a more flexible, AI-enhanced strategy that prioritizes specific local demands. This cutting-edge tool generates accurate ordering plans, even for intricate product categories. By leveraging its retail-focused AI, it effectively predicts real demand across multiple stores, channels, and categories. Furthermore, it streamlines the ordering process by considering essential elements such as shelf-life, lead times, expiration dates, minimum order quantities, necessary display stock, and regular ordering intervals, which in turn helps retailers fulfill customer needs more effectively. As a result, Algonomy equips retailers with the capability to respond to market changes and consumer preferences with heightened responsiveness. This capability not only improves inventory management but also enhances overall customer satisfaction by ensuring product availability.

Media

Media

No images available

Integrations Supported

Algonomy
Algonomy Vendor Link

Integrations Supported

Algonomy
Algonomy Vendor Link

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

Nextail Labs

Date Founded

2014

Company Location

Spain

Company Website

nextail.co

Company Facts

Organization Name

Algonomy

Date Founded

2020

Company Location

United States

Company Website

algonomy.com

Categories and Features

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

Categories and Features

Automatic Replenishment Systems

Counting by Exception
Customer Management
Financial Management
Inventory Management
Nice Shelf Stocks
On-order Information
Sales Anticipation
Store Order Leveling
Zero Turnover Checks

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