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

StockTrim in inventory planning and demand forecasting software that saves SMB's up to 40% of their working capital. The machine learning algorithms learn your stock behaviour and produce recommended order plans to ensure complete stock control and optimised inventory. Our delighted users report: a) 20-40% cash flow increase due to working capital retention through reduced overstocks b) HALVING of under-stocking that was losing sales and profits c) 75% TIME SAVING in planning and replenishment Implementation is easy and your 14 day free trial gives plenty of time to set up and get very useful analysis.

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 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

Audience

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

Audience

SMB's in manufacturing, retail/ecommerce and distribution with inventory control issues

Support

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

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

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

Pricing

$99.00/month/user
Based on number of SKUs
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:

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • StockTrim takes the guesswork out of ordering and it has definitely made our team more confident in our decisions and helped us avoid both shortages and excess stock.
  • The dashboard is super simple to navigate, and the automated forecasts save us hours every week. We’ve cut down on stock-outs noticeably since we started using it. Also great when we introduce a new coffee capsule SKU.
  • The AI forecasting is scary accurate, and it’s saved us from over-ordering perishable ingredients The dashboards make everything easy to track at a glance, and we now know exactly what to order from suppliers.
  • The AI really learns our sales patterns, and the order plans it spits out are spot-on. Plus, the team is quick to help when we’ve had questions.
  • The interface is clean and intuitive, and it’s slashed our overstock by a ton. Customer support is also top-notch—super responsive.

Cons

  • There was a bit of a learning curve at first, especially since our supply chain is quite complex. But once we got the hang of it, things ran much more smoothly.
  • Can’t think of much, we just had to sit down & focus to make sure we removed discontinued items.
  • Setting up multi-level BOMs took us a while as we had it set up differently, but the onboarding team(Neil)helped us heaps
  • Nothing really – we did learn we had to refresh the page after each data sync. Not a biggie..
  • Need consistent SKU Codes or it can give duplicates (but that’s more an ‘us’ issue

Training

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

Training

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

Company Information

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

Company Information

StockTrim
Founded: 2017
New Zealand
www.stocktrim.com

Alternatives

PriceEye

PriceEye

NextOrbit

Alternatives

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PriceMind

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MLmargin

MLmargin

KG Intelligence
EazyStock

EazyStock

Syncron AB
QU

QU

Quantiful

Categories

Demand Planning Supported

Categories

Demand Planning Supported
Inventory Control Supported
Working Capital Supported

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

Demand Planning Features

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

Inventory Control Features

Allocation Supported
Barcoding Not Supported
Cost Tracking Not Supported
Forecasting Supported
Item Management Supported
Order Management Supported
Procurement Management Supported
Reorder Management Supported
Serial Number Tracking Not Supported
SKU / UPC Codes Supported
Supplier Management Supported

Inventory Management Features

Alerts/Notifications Not Supported
Barcoding / RFID Not Supported
Forecasting Supported
Inventory Optimization Supported
Kitting Not Supported
Manufacturing Inventory Management Supported
Mobile Access Supported
Multi-Channel Management Supported
Product Identification Supported
Reorder Management Supported
Reporting/Analytics Supported
Retail Inventory Management Supported
Supplier Management Supported
Warehouse Management Supported

Integrations

Acumatica Cloud ERP Not Supported
Amazon Seller Central Not Supported
BigCommerce Not Supported
Cin7 Inventory Management Not Supported
DEAR Inventory Not Supported
Descartes Finale Inventory Not Supported
Descartes Sellercloud Not Supported
Katana Cloud Inventory Not Supported
Lightspeed Retail Not Supported
NetSuite Not Supported
Odoo Not Supported
QuickBooks Commerce Not Supported
QuickBooks Online Not Supported
Shopify Not Supported
Shopify Fulfillment Network Not Supported
SkuVault Not Supported
Unleashed Not Supported
Xero Not Supported
Zoho Inventory Not Supported
inFlow Inventory Not Supported

Integrations

Acumatica Cloud ERP Supported
Amazon Seller Central Supported
BigCommerce Supported
Cin7 Inventory Management Supported
DEAR Inventory Supported
Descartes Finale Inventory Supported
Descartes Sellercloud Supported
Katana Cloud Inventory Supported
Lightspeed Retail Supported
NetSuite Supported
Odoo Supported
QuickBooks Commerce Supported
QuickBooks Online Supported
Shopify Supported
Shopify Fulfillment Network Supported
SkuVault Supported
Unleashed Supported
Xero Supported
Zoho Inventory Supported
inFlow Inventory Supported
Claim DemFor and update features and information
Claim DemFor and update features and information
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Claim StockTrim and update features and information