Price Elasticity Modeling. Price Optimization. Demand and procurement planning. Impact of price changes on demand. Determining what promotions to run and when. Determining how much of each product to buy within your capital budgets. Mapping and tracking competitor pricing. And how they impact demand, and pricing. Better store ordering /store allocation (pull vs push) – to meet store needs and not overdo it. And allocating across stores in an optimal manner. Better production recommendations – going beyond “those who bought this also bought this..” All of this enabled by AI (Artificial Intelligence) and Machine Learning. That’s what NextOrbit can do for you. .
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