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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 invent.ai?

𝗜𝗻𝘃𝗲𝗻𝘁.𝗮𝗶 𝗲𝗻𝗮𝗯𝗹𝗲𝘀 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝘁 𝗿𝗲𝘁𝗮𝗶𝗹 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝘁𝗵𝗮𝘁 𝗱𝗿𝗶𝘃𝗲𝘀 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗴𝗿𝗼𝘄𝘁𝗵, 𝗺𝗮𝗿𝗴𝗶𝗻 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆. Invent.ai’s AI-decisioning platform turns hundreds of internal and external demand signals into real-time, revenue-optimized decisions across forecasting, planning, inventory and pricing, automatically executing them across the merchandise lifecycle for meeting customer demand. Retailers see measurable financial gains within months, including comp growth, EBIT improvement and increased revenue, all validated with machine learning and historical data analyses. Invent.ai’s AI-decisioning platform includes: Forecasting Delivers accurate, revenue-focused forecasts with intelligent decisioning that adapts as demand signals evolve. Invent.ai combines long- and short-term forecasting, demand sensing, open-to-buy forecasting and financial planning—helping retailers align inventory to demand across top-down, bottom-up and middle-out models. Planning Transforms static, rules-based workflows into actionable decisions. Invent.ai supports assortment, collection, item and range planning, along with size/pack optimization, clustering and buy planning—balancing customer demand, financial targets and operational constraints while cutting manual effort. Inventory Optimizes placement and flow across every channel. Invent.ai enables intelligent allocation, replenishment, transfers, rebalancing, omni-fulfillment optimization and returns positioning to reduce over- and under-stocking, boost availability and maximize inventory productivity. Pricing Protects margin and improves sell-through across the product lifecycle. Supports competitive pricing, dynamic pricing, promotion optimization and markdown management, allowing retailers to adapt in real time to maximize revenue.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars

Training Options

Documentation Hub
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

invent.ai

Company Location

USA

Company Website

www.invent.ai/

Categories and Features

Inventory Management

Forecasting
Inventory Optimization
Multi-Channel Management
Reorder Management
Reporting/Analytics

Categories and Features

Dynamic Pricing

Not specified

Pricing Optimization

Not specified

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