Nextail

Madrid, 
Spain
http://www.nextail.co
  • Booth: 1208

Nextail is a retail merchandising platform that empowers retailers to sell more with less stock through hyper-local demand forecasting and agile automation. By increasing stock efficiencies across channels, retailers can automate the science of retail and dedicate more time to creative and strategic work.

Customers typically see sales increases up to 10%, 30% lower coverage levels, and 60% fewer stockouts in addition to being able to increase the sustainability of  their operations by reducing leftovers and overproduction.  Nextail works with more than 60 global brands, including River Island, Flying Tiger, Pepe Jeans, and Grupo Suarez.


 Products

  • First Allocation
    Satisfy initial cross-channel demand with smart recommendations and keep stock levels healthy to meet future and unpredictable demand.
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  • At the beginning of the season, the First Allocation solution leverages granular data and AI automation to determine the initial amount of product to allocate across channels to satisfy initial cross-channel demand. By allocating just the right amount of initial units at SKU level across all channels and locations, retailers keep stock levels healthy to meet future and unpredictable demand.

  • Assortment Planning
    Define collection structure across with granular demand recommendations, and boost sales with optimized channel distribution and selling periods.
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  • Define and analyze product collection structure across channels with granular, AI-driven demand recommendations and simulations to maximize potential demand. Boost sales with optimized channel distribution and selling periods.

  • Channel Rebalacing
    Easily rebalance stock to maximize full-price sales. Simulate the impact of stock movements to reduce overstocks and consolidate broken size sets in seconds....

  • Boost sales at the end of the product’s life cycle by easily rebalancing stock to consolidate broken sizes and moving overstock to stores with a higher probability of selling. With Nextail, you can simulate the impact of these stock movements in seconds, not days.
  • Replenishment
    Anticipate changes in demand across multiple channels to improve product availability while maintaining stock coverage.
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  • Anticipate changes in demand across multiple channels. With the freshest data every morning, you can be proactive, assigning units in your warehouse to the stores with the highest selling probability rather than to clusters (size, location, etc.). That way, you can improve product availability while maintaining stock coverage.

  • Buy & Reorder
    Anticipate sales potential, buying quantity and timings for every SKU to reduce excess inventory. Then, in season, confidently reorder the right amount of stock to match demand with production lead times.
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  • Support the expertise of your buyers. Nextail helps them anticipate sales potential, buying quantity and timings for every SKU to reduce excess inventory. Mid-term, bottom-up forecasts at SKU-level ensure that their buying decisions are 80% data and 20% intuition, not the other way around.

    With the Reorder Solution, teams can confidently reorder the right amount of stock to match demand with production lead times, allowing them to repeat in season orders, improve working capital, and secure sales.