NextOrbit Platform
We help you predict and respond to demand peaks and troughs with our advanced forecasting algorithms and predictors
We alert you to take action before you lose customer demand
NextOrbit helps you to price up or markdown to maximize profits
Features
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 & Optimisation
- 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 effectiveness of recommendations
- Continuous monitoring and improvement
PriceEye – Competitor Price Discovery & Monitoring
Uses Machine Learning with atleast a dozen product attributes to identify similar or substitutable items, and retrieves their pricing and in-stock status multiple times in a day.
- Identify Substitutable / Similar Products With a “Similarity” Score
- Analyze /slide & dice historical competitor pricing
- Get Real-time competition pricing insight
- Competitor price trend alerts
- Discover new competitors
Benefits
How It Works
The Questions We Help Answer
Price Optimization
Demand Forecasting
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How do we automate the demand forecasting process, and make it more intelligent and self-learning?
Pricing
Onboarding Fee
No Contracts
Monthly Subscription Fee
Flexible
Transparency & Flexibility
A transparent cost effective monthly subscription model based on the number of stores and categories. No contracts or lockin period for the business.
Fees based on your number of transactions, number of products, and for brick and mortar Retailer - number of stores.
NextOrbit Mission
PriceEye - Competitor Price Discovery
PriceEye, NextOrbit’s Competitor Price Discovery platform takes a list of your product names and descriptions, and discovers their prices on competitor websites and other digital media. Unlike commodity or self-serve price monitoring platforms that need exact product names or links, PriceEye can use descriptions or keywords and intelligent search to identify identical as well as similar /substitute products on competitors’ websites. PriceEye works with you to create business impact.
PriceEye is able to discover final prices, shipping fees, in-stock status as well as other attributes relevant to your business. PriceEye can be configured to alert you if your prices differ significant from competitors’ prices – and you can set the threshold.
PriceEye can save page images with prices, allowing you the tools to negotiate with vendors for better procurement prices.
Our Team
Data Scientist
Our Advisors
