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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
To keep up with changing customer demand, you need to make agile, precise inventory decisions at speed. Nextail meets the unique challenges that jewelry and accessories retailers face today.
Granular, forward-looking demand forecasting considers seasonality and elasticity, giving you time to distribute strategically and maximize sales during demand peaks.
Automatically assess the nuances of size curves by location. Optimize the availability of popular sizes and redirect less common ones to channels with higher sales potential.
Link similar products under a single reference, such as never-out-of-stock or essential bijoux to manage, distribute or visualize as a single, aggregated style.
Gain foresight through robust simulations that help you confidently and strategically decide which actions align with demand patterns, optimizing sales potential across entire campaigns.
Jewelry and accessories retailers need to manage pieces and collections precisely and move with changes in demand at speed and scale.
Nextail automatically analyzes demand for top-selling pieces by location, size and set so you can maximize availability and customer satisfaction, while reducing lost sales.
Don’t get stuck with overstocks at the end of a peak period. Nextail adopts a granular approach which is crucial prior to sales events, replenishing inventory based on forecasted demand for each item and location to capture dynamic sales increases efficiently.
Hit reorder windows accurately for continuity pieces based on real demand patterns at SKU/point of sale level to ensure warehouse stock levels that avoid stockouts.
“With Nextail Allocation and Replenishment, our store availability has improved, the accuracy of our allocations is better, and we’re able to look at every store and determine how to allocate when products arrive instead of far in advance. And it’s something that logically you could do it, but physically you couldn’t because of the level of decision making and data you’d need.”
– Lorraine Bottomley, CEO of DCK
“By automating a lot of merchandising tasks with Nextail, teams will have more time to concentrate on more creative ways to improve sales. When they have space to be omre creative, wonderful things can happen.”
– Diego Andería, CEO Flyign Tiger Copenhagen, Spain
“At River Island, we saw the opportunity to future-proof our core merchandising processes in a way that fits with the overall transformation we’ve made across the business. We were eager to partner with Nextail to use data in a way we never had before, helping us to become more agile in our decision-making in order to benefit our customers.”
– Susanne Robbins, Supply Chain Director
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.
Let our experts show you how Nextail can help your organization to sell more with less stock.
