DemFor

DemFor

NextOrbit
+
+

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About

Pricing For Profit, Competitor Price Discovery, Demand Forecasting. Enabled By AI & Machine Learning. Delivered a sales uplift of 14.4% for an American brand of casual apparel due to better pricing. Pricing For Profit, Competitor Price Discovery, Demand Forecasting. Intelligent Demand Forecasting. Machine learning and human judgement - We help combine best of both worlds. We incorporate the impact of local events, holidays, back-to-school, school closing, local carnival and games, social signals and macro-economic variables. Demand Forecasting. Store Ordering. Purchase Order Recommendations. Shelf Space Allocation & Optimization. Continious Monitoring And Improvement. Intelligent Pricing. Better price realization to improve Sales & Margin. Determine price elasticity by product, location and day; hence determine the extent of mark-up or markdown. Differential Pricing Strategies. Avoid a race to the bottom. A/B testing to demonstrate.

About

Pricing software solutions providing entry level Price Management through to the most sophisticated Price Optimization and Automated Rules Based Pricing needs using ‘elasticity demand models’ that encapsulate the interaction and collision of prices along with other merchandising activities. This enables the system to then forecast the likely outcomes of different prices. The solution brings together all the elements of pricing necessary in today’s markets to implement and optimize Hi-Low, EDLP or a mix of those strategies through line item, brand, supplier, competitor and category rules and differentials, mixed with performance targets. The price optimization module enables you to maximize the overall profit, margin or contribution of a portfolio of products. Unlike other revenue optimization products we can optimize regular and promotional prices, separately or concurrently and on demand, taking the effects of each other into account.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Online merchandisers looking for a tool that offers predictive algorithms, which works on retailer data combined with competitor pricing

Audience

Retailers that need a price optimization solution

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Not Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

NextOrbit
Founded: 2014
India
www.nextorbit.com/en/

Company Information

Retail Express
Founded: 2004
United Kingdom
www.retailexpress.com

Alternatives

PriceEye

PriceEye

NextOrbit

Alternatives

PriceMind

PriceMind

NextOrbit
MLmargin

MLmargin

KG Intelligence
Pricing Lifecycle

Pricing Lifecycle

Profimetrics
QU

QU

Quantiful
DemandTec

DemandTec

Acoustic

Categories

Demand Planning Supported

Categories

Demand Planning Features

Capacity Planning Supported
Data Visualization Supported
Historical Reporting Supported
Inventory Optimization Supported
Planned vs Actual Tracking Supported
Product Introduction Planning Supported
Promotions Management Not Supported
Replenishment Management Supported
Sales Forecasting Supported
Supply Forecasting Supported

Pricing Optimization Features

Channel Analysis Not Supported
Competing Product Analysis Not Supported
Forecasting Not Supported
Market Analysis Not Supported
Multi-Store Management Not Supported
Price List Management Not Supported
Price Optimization Automation Not Supported
Pricing Analytics Not Supported
Profitability Analysis Not Supported
Scenario Planning Not Supported

Retail Management Features

Commission Management Supported
CRM Supported
eCommerce Supported
Email Marketing Supported
Employee Management Supported
Loyalty Program Supported
Mail Order Supported
Merchandise Management Supported
Multi-Location Supported
Order Management Supported
Purchase Order Management Supported
Reporting/Analytics Supported
Returns Management Not Supported

Integrations

No info available.

Integrations

No info available.
Claim DemFor and update features and information
Claim DemFor and update features and information
Claim Retail Express and update features and information
Claim Retail Express and update features and information