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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 Inventory Planner by Sage?

To keep your best-selling products in high demand, it’s essential to manage inventory levels that meet customer expectations. Release cash tied up in slow-moving or surplus stock to reinvest in your top items. Accurately track what needs to be restocked and determine the best moments for reordering by considering crucial factors such as lead times, out-of-stock periods, and seasonality. Having a centralized view of all your sales channels and inventory locations enables you to ensure timely restocking of essential products, regardless of your business's operational scope. Employ seasonal forecasting methods to enhance your ability to anticipate demand for seasonal items effectively. For products that sell consistently every month, use non-seasonal forecasting, adjusting your analysis timeframe to capture sales trends accurately. Additionally, analyze historical stockout data to refine demand forecasts, as this approach accounts for availability while ignoring times when items are out of stock. By integrating these strategies, you can improve your inventory management, leading to a significant increase in sales performance, while also adapting to market changes more swiftly. Ultimately, a proactive inventory strategy not only maximizes efficiency but also enhances customer satisfaction by ensuring product availability.

Media

Media

Integrations Supported

Ordoro
QuickBooks Commerce
ShipBob
Unleashed

Integrations Supported

Ordoro
QuickBooks Commerce
ShipBob
Unleashed

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$99 per month
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

Inventory Planner by Sage

Date Founded

2014

Company Location

France

Company Website

inventory-planner.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

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

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