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Nextail

by Nextail Labs SLU · Since 2014
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ActiveAvailable globallyCloud
Quick facts
VendorNextail Labs SLU
Year launched2014
StatusActive
LocationCalle del Poeta Joan Maragall, 56, bajo 1 28020 Madrid, Spain
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Nextail

Nextail is a merchandise execution platform for the fashion retail industry.

Nextail is a specialized merchandise execution platform designed for fashion brands and retailers. It leverages AI and machine learning to automate and optimize critical in-season merchandising operations. The core solutions include Allocation & Replenishment, Inventory Rebalancing, Store Operations, and Inventory Analytics. By providing hyper-local demand forecasting and a unified view of inventory, Nextail aims to help retailers increase full-price sales, reduce stockouts, and minimize waste. The platform is built on Snowflake, ensuring scalability for businesses of all sizes, from growing retailers to large, complex global enterprises. Pricing is not publicly listed and requires contacting sales. Support is available during business hours for lower tiers, with 24/7 premium support for enterprise customers. The platform is cloud-based and includes a mobile app for store operations.

Pros & Cons

Pros
  • Specifically designed for the complexities of the fashion retail industry.
  • Uses AI and machine learning for hyper-local demand forecasting.
  • Automates key merchandising processes like allocation and replenishment.
  • Scalable platform suitable for small brands to large global enterprises.
  • Aims to increase full-price sales while reducing overall inventory.
Cons
  • Pricing is not publicly available and requires a sales consultation.
  • Full feature set is reserved for higher-tier 'Growth' and 'Enterprise' plans.
  • 24/7 support is only available for premium 'Enterprise' customers.

Features

Key features

Allocation & Replenishment

Curates assortments at each point of sale to maximize profitability and ensure optimal availability.

Inventory Rebalancing

Optimizes stock distribution to improve end-of-season and full-price sell-through.

Store Operations

Provides granular insights to store teams for better performance and informed decision-making.

Inventory Analytics

Offers a unified view of merchandising performance and capabilities for data-driven decisions.

AI-Powered Demand Forecasting

Utilizes machine learning to forecast hyper-local demand, detecting seasonality, elasticity, and product lifecycle patterns.

Additional features

Dynamic Stock Targets

Sets optimal stock levels based on real-time data and forecasts.

Warehouse Scarcity Management

Manages inventory distribution when stock is limited in the warehouse.

Promotions & Markdowns Handling

Incorporates promotional events and markdowns into inventory planning.

Store Companion Mobile App

Gives store teams access to KPIs and the ability to make product requests on the go.

Custom Forecasting Models

Allows for advanced forecasting with custom variables and continuous model retraining for enterprise clients.

Multi-Warehouse Operations

Supports complex logistics with multi-warehouse and multi-bucket inventory management.

Custom Integrations & Data Feeds

Provides options for custom integrations with ERP, POS, and BI platforms.

Developer API Access

Offers RESTful API access to the forecasting and optimization engines for integration with existing systems.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
Billing currencies

Interface languages

English

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