Nextail Labs

The smart platform for retail merchandising

Nextail is a smart platform for merchandising that empowers brands and retailers to sell more with less stock through hyper-local demand forecasting and agile process automation. Industry-specific solutions enables retailers to gain flexibility and efficiency by reducing manual tasks and guess work.

Omnichannel – Increase product availability online and capture sales across channels Avoid siloed stock through dynamic buffers. Determine and distribute the required volume for online and physical channels on a daily basis. Buying & Reorder – Anticipate demand: always enough, never too much Support the expertise of your buyers. Nextail helps them buy the right amount of new products by anticipating local demand. Mid-term, bottom-up forecasts at SKU-level ensure that their buying decisions are 80% data and 20% intuition, not the other way around.

First Allocation & Replenishment – Full sales potential all season: the right items, in the right place Allocate the right amount of initial units, at SKU level, across all of your channels and locations. Since you can anticipate demand at each location, you can avoid overstocking while keeping more units available in your warehouse for tactical distribution later.

Rebalancing – Prolong full-price sales: Transfer units within your network Now you can maximize full-price sales, even up to the end of a product’s lifecycle. With Nextail, you can see exactly how to move stock among stores to reduce overstock and consolidate broken size sets within your network. The best part? It takes minutes – not days.

Events & Promotions – Prepare your channels to capture the full potential of promotions and other events Adjust your stock levels to capture all demand driven by promotions and events through advanced elasticity forecasting. Measure real elasticities to improve and prepare future promotions, and recalculate demand baselines to readjust coverage levels after events.

Engagement – Empower company-wide decisions: Insights you can act on You’ll have retail-specific, flexible and granular insights so that you can use your data like never before. Nextail doesn’t churn out reports, it integrates these insights back into your systems so that your tasks are ready for execution. And since your data is available on a centralized platform, all levels of your organization can stay informed.

About the Partner:

We make the retail world a better, more sustainable place

We enable #agileretail – Our passion lies where trends and science meet. We innovate so that retailers can create better customer experiences faster than ever.

We are #techrulers – We challenge the status quo, disrupting retail by combining the latest technology with creativity and fast-forwarding into the future.

We love #empoweringdecisions – Our goal is to make it simple but significant! We provide you with data- driven solutions you need to succeed and to transform your entire business.