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What is PriceMind?

Retailers and e-commerce platforms encounter numerous common challenges, such as holding excess stock and determining ideal prices, which are affected by factors like inventory value, competitive landscape, seasonal shifts, and consumer preferences. In response to these challenges, NextOrbit has developed cutting-edge technology that harnesses artificial intelligence and machine learning to guide sellers in formulating optimal pricing strategies for their offerings. This groundbreaking solution encompasses several essential components: the NextOrbit PriceMind platform, which employs AI and machine learning to refine pricing decisions, ultimately leading to increased profits and sales; the NextOrbit DemFor tool, which enhances demand forecasting for improved inventory turnover; and the NextOrbit PriceEye platform that monitors competitor pricing, delivering timely notifications about their pricing tactics as frequently as needed. By fusing intelligent demand forecasting with a combination of machine learning and human expertise, NextOrbit successfully integrates the advantages of both methodologies while factoring in the impact of local events on market trends. This all-encompassing system not only fine-tunes pricing strategies but also significantly boosts overall business performance, ensuring that retailers are adequately prepared to adapt to fluctuating market conditions. Furthermore, it empowers businesses to make data-driven decisions, ultimately fostering a more resilient and agile retail environment.

What is Blue Yonder Order Management & Commerce?

Blue Yonder's Order Management & Commerce offers a comprehensive solution that integrates business planning, inventory visibility, and orchestration, all enhanced by AI and machine learning for better forecasting. Retailers are empowered to swiftly adjust and realign their strategies in response to fluctuations in demand by utilizing real-time information. This platform serves as a definitive reference for inventory availability and fulfillment methods, eliminating the need for late reactions and embracing an immediate response approach. By merging real-time transactions with effective supply chain planning and forecasting, Blue Yonder Order Management & Commerce fuels contemporary commerce. Additionally, its innovative personalized fulfillment platform and professional services stand out as an industry milestone, effectively consolidating inventory data in real-time to provide a unified source of truth. This enables businesses to make more informed decisions and enhance their operational efficiency.

Media

Media

Integrations Supported

Blue Yonder Platform
FortnaWES
TradeStone

Integrations Supported

Blue Yonder Platform
FortnaWES
TradeStone

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/order-management-and-commerce

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

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

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

Workforce Management

Budgeting & Forecasting
Contractor Management
Employee Lifecycle Management
Labor Projection
Performance Appraisal
Recruiting Management
Scheduling
Skills Tracking
Time & Attendance
Variable Workforce

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