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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Optimizing Pricing for Profit, Gaining Insights on Competitor Pricing, and Forecasting Demand are all enhanced through the use of AI and Machine Learning technologies. This approach resulted in a remarkable 14.4% increase in sales for a popular American casual apparel brand due to more effective pricing strategies. By employing Intelligent Demand Forecasting, we merge the strengths of machine learning with human expertise, taking into account various factors such as local events, holidays, back-to-school periods, school closures, community festivals, social signals, and broader economic indicators. Our services encompass Demand Forecasting, Store Ordering, Purchase Order Recommendations, and efficient Shelf Space Allocation & Optimization, all backed by Continuous Monitoring and Improvement processes. Additionally, we focus on Intelligent Pricing to achieve better sales realization and enhanced profit margins. By analyzing price elasticity based on product, location, and time, we can strategically determine appropriate mark-ups or markdowns. Our Differential Pricing Strategies are designed to prevent a downward pricing spiral, and we utilize A/B testing to validate our methods and results effectively. Ultimately, our comprehensive approach not only supports immediate sales goals but also fosters long-term growth and sustainability in the competitive market.

Description

Niyu Smart Stock is an advanced inventory management and replenishment tool designed specifically for businesses utilizing Odoo. It effectively integrates historical demand data, current inventory levels, incoming orders, transfer amounts, lead times, warehouse capacities, and planning guidelines to formulate a comprehensive action plan for each product per warehouse. Rather than simply providing forecasts, it proactively informs teams about critical areas that require focus, indicates items that can be transferred from one warehouse to another, suggests what needs to be purchased, and specifies the timing for these actions. Each suggestion is substantiated by data such as Demand History, out-of-stock durations, forecast specifics, anticipated inventory coverage, safety stock levels, minimum order quantities (MOQ), order multiples, and lead times. Additionally, users have the capability to initiate internal transfers and create draft Requests for Quotations (RFQs) directly within Odoo, organize purchase batches, oversee stock across multiple warehouses, factor in demand from Point of Sale (POS) systems, manage replacements for obsolete products, apply various exclusions, and monitor the implementation process. Smart Stock empowers distributors, retailers, and wholesalers to move away from traditional spreadsheet-based planning, enabling them to adopt a more efficient and repeatable workflow seamlessly integrated within Odoo, ultimately enhancing their operational effectiveness.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Odoo No 

Integrations

Odoo Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$79/month
Free Trial Yes 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

NextOrbit

Founded

2014

Country

India

Website

www.nextorbit.com/en/

Vendor Details

Company Name

Niyu Labs

Website

niyulabs.com

Product Features

Demand Planning

Capacity Planning Yes 
Data Visualization Yes 
Historical Reporting Yes 
Inventory Optimization Yes 
Planned vs Actual Tracking Yes 
Product Introduction Planning Yes 
Promotions Management No 
Replenishment Management Yes 
Sales Forecasting Yes 
Supply Forecasting Yes 

Product Features

Demand Planning

Capacity Planning No 
Data Visualization No 
Historical Reporting No 
Inventory Optimization No 
Planned vs Actual Tracking No 
Product Introduction Planning No 
Promotions Management No 
Replenishment Management No 
Sales Forecasting No 
Supply Forecasting No 

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