NEXTORBIT SOLUTIONS
Price Elasticity Modeling. Price Optimization. Demand and procurement planning. Impact of price changes on demand. Determining what promotions to run and when. Determining how much of each product to buy within your capital budgets. Mapping and tracking competitor pricing. And how they impact demand, and pricing. Better store ordering /store allocation (pull vs push) โ to meet store needs and not overdo it. And allocating across stores in an optimal manner. Better production recommendatio... ns โ going beyond โthose who bought this also bought this..โ All of this enabled by AI (Artificial Intelligence) and Machine Learning. Thatโs what NextOrbit can do for you. Evidence: Clients in the Fashion, eCommerce, Store Pick firms, Retail Store owners benefited by enhanced demand planning, coupled with improving customer experience, loyalty, average basket size, cash flows and reduced store labor. NextOrbit Implementation leads to the following benefits: โข 5% -15% improvement in same store sales /online sales โข 5% reduction in inventory โข Same headcount can manage higher volumes/growth. No need to add people to the planning teams โข Higher customer basket size โข Lower lost opportunity โ right stock at the right place โข Higher full price sell through (lesser markdown) โข Better optimization of your capital Need a Platform demo, drop a note to: [email protected] Learn more by visiting our site: www.nextorbit.com Our Founder, CEO can be reached at: [email protected] Accolades: NextOrbit was featured as the top provider in CIO, Insight Success and a host of other worldwide retail publications and exchanges. One such link is here to explore: http://insightssuccess.in/nextorbit-accelerating-growth-and-enhancing-operational-effectiveness-of-brands-and-retailers/ Recent Update: Grocery Exchange, USA partners with NextOrbit to help Independent Store Owners. Stay tuned for the PR & the website launch.
NEXTORBIT SOLUTIONS
Industry:
Artificial Intelligence Machine Learning Retail Retail Technology SaaS Software
Founded:
2015-01-01
Address:
Plano, Texas, United States
Country:
United States
Website Url:
http://www.nextorbit.com
Total Employee:
11+
Status:
Active
Contact:
+919980180537
Email Addresses:
[email protected]
Total Funding:
226 K USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Google Analytics LetsEncrypt Content Delivery Network Google Universal Analytics Font Awesome Domain Not Resolving Nginx IPv6
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