Nextail
Nextail provides AI-driven merchandise planning solutions to optimize operations for fashion retailers, focusing on various aspects including buying, inventory management, and store operations.
Services
Nextail provides AI-driven merchandise planning solutions tailored for fashion retailers. Their service offerings include assortment planning, buying, reordering, allocation and replenishment, inventory rebalancing, store operations, and inventory analytics. The company employs advanced algorithms and machine learning to optimize retail operations, aiming to help retailers reduce manual workload, increase sales, and improve inventory efficiency. Additionally, Nextail provides training and ongoing support to ensure successful deployment and utilization of its solutions.
Products
Nextail offers a comprehensive platform designed to integrate with existing retail systems, providing real-time data and actionable insights. The platform supports various aspects of merchandise planning, including assortment planning, buying, reordering, allocation and replenishment, and inventory rebalancing. By utilizing advanced algorithms and machine learning, the platform helps retailers streamline their operations, reduce manual tasks, and improve overall efficiency in inventory management.
Industries Served
Nextail serves multiple sectors within the fashion retail industry, including fashion apparel, jewelry and accessories, luxury and designer, fashion footwear, outdoor and sportswear, and lingerie and swimwear. The company's AI-driven solutions are designed to meet the specific needs of each sector, helping retailers optimize their merchandise planning and improve stock accuracy.
Sustainable Retail Practices
Nextail supports sustainable retail practices by reducing excess inventory and improving stock accuracy. The company's advanced algorithms and machine learning capabilities enable retailers to make more informed decisions, reducing the amount of unsold stock and ensuring that inventory levels are kept in check. This approach not only helps retailers increase sales and efficiency but also contributes to a more sustainable retail environment.