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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

kohPlan is a dynamic merchandise financial planning application crafted for organizations that are experiencing rapid growth and transformation. It facilitates the prediction of inventory levels, sales figures, and profitability metrics at any organizational tier, customized to fit your specific business strategies at no extra charge. Its implementation is both swift and cost-effective when compared to other options available in the market. We assure that it will address the essential aspects of your planning methodologies and processes. Recognizing the demand for a planning tool that can effectively close the gaps, kohPlan caters to smaller companies that are expanding but hesitant to invest heavily in software solutions. Additionally, it serves organizations undergoing changes where current technologies fall short of supporting such transitions promptly. There may also be instances where your organization has particular needs that other providers struggle to accommodate, and kohPlan is equipped to tackle these unique requirements efficiently. Ultimately, our goal is to empower your organization with the flexibility and functionality it needs to thrive in a constantly evolving landscape.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
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 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

Koherint

Founded

2017

Country

United States

Website

koherint.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 Yes 
Inventory Optimization Yes 
Planned vs Actual Tracking Yes 
Product Introduction Planning No 
Promotions Management No 
Replenishment Management Yes 
Sales Forecasting Yes 
Supply Forecasting No 

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