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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
Vuealta simplifies the management of scheduled events while also adeptly handling unforeseen shifts in supply and demand. It allows for seamless management of new product development, promotional activities, pricing adjustments, and demand fluctuations. With its sophisticated analytics capabilities, users can segment their planning, receive intelligent alerts for focused strategies, and utilize demand sensing along with AI for valuable insights. The platform fosters performance enhancement through empowerment and collaboration, ensuring true synchronization in consensus planning. By leveraging advanced analytics, demand sensing, and AI, businesses can quickly gain insights, evaluate situations, and respond effectively. Users can instantly view the profit and loss for any product, customer, category, channel, or any other segment of their planning process. The system also provides intuitive event modeling, allowing users to activate or deactivate events with a simple click. Vuealta accommodates different processes and tools tailored to various demand characteristics, whether they are flat, seasonal, or erratic. Additionally, it features archiving capabilities, waterfall charts, and key performance indicators that help measure and enhance overall performance. This comprehensive approach ensures that companies are well-equipped to navigate the complexities of modern demand management.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
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
No
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)
No
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
Yes
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Vendor Details
Company Name
Vuealta
Founded
2017
Country
United States
Website
www.vuealta.com/supply-chain/demand-planning/
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
