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AI in Fashion Merchandising: Bringing the Fun Back to Retail Teams | Paul Sprackling
Paul Sprackling on how AI and Merchandising software can free up time for fashion retail teams and why data, vendor
Continuous merchandise planning & execution for
Nextail empowers footwear retailers to meet unique style, size, fit as well as point of sale challenges, and maximize sales by aligning their merchandise planning decisions with true, ongoing customer demand.
Make sure the right styles and sizes are available across your channels and points of sale through hyper-local demand forecasting and size curve analysis.
SKU/point of sale-level forecasts help you meet demand across your network without overstocking, freeing up working capital and reducing markdowns and excess inventory.
Capture more sales of high-performing sizes and styles even when levels are scarce through dynamic, automated replenishments that automatically factor in store capacity.
Automate merchandising processes to liberate teams from tasks they’d normally carry out over spreadsheets and traditional systems, gaining efficiency and time.
Footwear retailers must ensure availability of the right styles and sizes while also maximizing the profitability of their collections all season.
Create holistic, omnichannel baseline assortment plans that align your goals with real demand. Teams can then refine, recalculate, and iterate in a digital workspace until they have the perfect assortment for each channel.
By considering the visual display rules of each point of sale when calculating inventory planning scenarios, Nextail ensures you have the right amount of pairs and sizes on display at any given time – automatically.
Nextail strategically allocates shoes to channels or points of sale with the highest full-price selling potential, optimizing to prevent stockouts of high-rotation styles and sizes and to prevent storeroom overstocks of low-rotation styles and fringe sizes.
Nextail will continue achieving full-price sales and profitability even at the end of a product’s lifecycle or season by rebalancing footwear inventory to meet ongoing demand, such as by moving sandals to warm weather locations.
“Nextail has been instrumental in helping us achieve three critical goals in the highly competitive footwear industry: optimizing store capacity through increased sales with less stock, reducing lost sales opportunities due to stockouts, and enhancing size availability in stores through better consolidation. With Nextail, we have been able to completely transform our core merchandising processes and improve our overall business performance.”
– Alberto García, CSCO of Merkal
“Nextail’s fashion-first approach, automation and advanced forecasting capabilities will help us best deliver on our customer promise to offer the best shoe brands at affordable prices and an excellent in-store experience across South Africa. By automating and optimizing our core retail merchandising processes, we can continue satisfying customers while ensuring a similar cost-to-serve as we expand our presence nationwide.”
– Neil Stephens, Footgear CEO
“Since opening our first store in 1955, Metro Brands Limited has been fully dedicated to providing unparalleled service to customers by way of fashionable and region-specific footwear. Our decision to partner with Nextail is based on their strong product vision and retail knowledge, but more importantly because of our shared ethos for leveraging cutting-edge solutions in favor of enhancing the customer experience.”
– Nissan Joseph, CEO
Paul Sprackling on how AI and Merchandising software can free up time for fashion retail teams and why data, vendor
Agile merchandising is redefining how fashion retailers manage inventory in-season. Learn what it means and how it works.
Greek brand Funky Buddha taps Nextail’s AI platform to automate in-season inventory decisions, improve sell-through, and scale sustainably.
Let our experts show you how Nextail can help your organization to sell more with less stock.
