Company profile

NextOrbit

Pricing for Profit | Competitor Price Discovery | Demand Forecasting Enabled by AI and Machine Learning

Industry
Software Development
Employees
15
Headquarters
Plano, TX
Founded
2014
LinkedIn followers
4,884
Office locations
2

NextOrbit company summary

NextOrbit is a company in the Software Development industry, headquartered in Plano, TX, founded in 2014. On LinkedIn the company has around 15 employees and 4,884 followers. The company lists 2 office locations. Its listed specialties include Improve Customer Loyalty, Improve Sales, Better Shelf Space Allocation, Optimize Inventory, Price Optimization.

What technology does NextOrbit use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About NextOrbit

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. Evidence: Clients in the Fashion, eCommerce, Store Pick firms, Retail Store owners benefited by enhanced demand planning, coupled with improving customer experience, loyalty, average basket size, cash flows and reduced store labor. NextOrbit Implementation leads to the following benefits: • 5% -15% improvement in same store sales /online sales • 5% reduction in inventory • Same headcount can manage higher volumes/growth. No need to add people to the planning teams • Higher customer basket size • Lower lost opportunity – right stock at the right place • Higher full price sell through (lesser markdown) • Better optimization of your capital Need a Platform demo, drop a note to: Sugandha@nextorbit.com Learn more by visiting our site: www.nextorbit.com Our Founder, CEO can be reached at: kishore.rajgopal@nextorbit.com Accolades: NextOrbit was featured as the top provider in CIO, Insight Success and a host of other worldwide retail publications and exchanges. One such link is here to explore: http://insightssuccess.in/nextorbit-accelerating-growth-and-enhancing-operational-effectiveness-of-brands-and-retailers/ Recent Update: Grocery Exchange, USA partners with NextOrbit to help Independent Store Owners. Stay tuned for the PR & the website launch.

Specialties

Improve Customer LoyaltyImprove SalesBetter Shelf Space AllocationOptimize InventoryPrice OptimizationDemand PlanningOut Of Stock PredictionsMachine Learning in RetailMachine Learning in E-CommerceAI in RetailAI in E-CommercePrice ElasticityInventory Management

Where is NextOrbit located?

NextOrbit lists 2 office locations.

Plano, TX, USHQ
4512 Legacy Drive, Suite 100
BENGALURU, Forum Mall, IN
Salarpuria Tower - I, No. 22, Industrial Layout, Hosur Road, 7th Block, Koramangala

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Frequently asked questions about NextOrbit

What does NextOrbit do?

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. Evidence: Clients in the Fashion, eCommerce, Store Pick firms, Retail Store owners benefited by enhanced demand planning, coupled with improving customer experience, loyalty, average basket size, cash flows and reduced store labor. NextOrbit Implementation leads to the following benefits: • 5% -15% improvement in same store sales /online sales • 5% reduction in inventory • Same headcount can manage higher volumes/growth. No need to add people to the planning teams • Higher customer basket size • Lower lost opportunity – right stock at the right place • Higher full price sell through (lesser markdown) • Better optimization of your capital Need a Platform demo, drop a note to: Sugandha@nextorbit.com Learn more by visiting our site: www.nextorbit.com Our Founder, CEO can be reached at: kishore.rajgopal@nextorbit.com Accolades: NextOrbit was featured as the top provider in CIO, Insight Success and a host of other worldwide retail publications and exchanges. One such link is here to explore: http://insightssuccess.in/nextorbit-accelerating-growth-and-enhancing-operational-effectiveness-of-brands-and-retailers/ Recent Update: Grocery Exchange, USA partners with NextOrbit to help Independent Store Owners. Stay tuned for the PR & the website launch.

How many employees does NextOrbit have?

NextOrbit has around 15 employees on LinkedIn.

Where is NextOrbit headquartered?

NextOrbit is headquartered in Plano, TX.

Where does NextOrbit have offices?

NextOrbit lists 2 office locations, including Plano, TX, US; BENGALURU, Forum Mall, IN.

When was NextOrbit founded?

NextOrbit was founded in 2014.

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