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What is Syrup?

Syrup delivers AI-powered insights for planning and inventory distribution, specifically designed for the fashion and apparel sector. By focusing on the goal of reducing waste, Syrup’s smart recommendation system empowers brands to optimize their full-price sales while efficiently cutting down on excess inventory. The influence of your past sales data is greatly improved by integrating real-time transactions and contemporary events. Any pertinent data source that offers useful insights can be easily incorporated into Syrup’s platform. Complex data analysis is managed by sophisticated algorithms, enabling our advanced machine learning models to forecast seasonal trends with greater precision. Just as a master tailor appreciates the uniqueness of every piece, Syrup’s algorithms are tailored to address the specific needs of each brand, providing the adaptability to respond to changing conditions. Accelerate your decision-making with Syrup’s immediate recommendations regarding inventory allocation, replenishment, rebalancing, and reorder strategies. Furthermore, Syrup assists in recovering missed revenue opportunities by boosting the sell-through rate of full-priced products. Make swift and informed inventory planning decisions with the help of automated suggestions, ensuring your brand stays competitive and agile in a rapidly evolving market. This cutting-edge methodology not only enhances operational efficiency but also promotes sustainable practices within the fashion industry, paving the way for a greener future. As a result, brands can not only thrive but also contribute positively to the environment while meeting consumer demands.

What is DemFor?

Enhancing profit margins, gaining insights into competitor pricing, and accurately forecasting demand are significantly improved through the integration of AI and Machine Learning technologies. This innovative strategy led to an impressive 14.4% sales boost for a well-known American casual apparel brand by implementing more effective pricing models. By leveraging Intelligent Demand Forecasting, we combine the capabilities of machine learning with human intuition, considering a variety of influences such as local events, holidays, back-to-school seasons, school closures, community celebrations, social signals, and overarching economic trends. Our offerings include Demand Forecasting, Store Ordering, Purchase Order Recommendations, and optimized Shelf Space Allocation, all supported by ongoing Monitoring and Improvement processes. Moreover, we prioritize Intelligent Pricing to enhance sales realization and profit margins. By evaluating price elasticity across different products, locations, and times, we can strategically decide on suitable mark-ups or markdowns. Our Differential Pricing Strategies aim to avert a downward pricing spiral, while A/B testing allows us to effectively validate our approaches and results. In essence, our holistic approach not only addresses immediate sales objectives but also cultivates enduring growth and resilience in a competitive marketplace, ensuring that businesses can adapt to changing conditions and thrive over time.

Media

Media

Integrations Supported

Microsoft Dynamics 365
NetSuite
NewStore
SAP Cloud Platform
Salesforce
Shopify
Snowflake

Integrations Supported

Microsoft Dynamics 365
NetSuite
NewStore
SAP Cloud Platform
Salesforce
Shopify
Snowflake

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

Syrup

Company Website

syrup.tech/

Company Facts

Organization Name

NextOrbit

Date Founded

2014

Company Location

India

Company Website

www.nextorbit.com/en/

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

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

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