Is each of your SKUs where it has the highest probability of selling?
In fashion, margins are won or lost long before a product reaches the shop floor. The right inventory, in the right place, at the right time is what protects full-price sales and reduces unnecessary markdowns. Nextail helps fashion retailers take control of inventory via three core in-season solutions.
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Allocation & Replenishment
Boost in-season product availability to reduce stockouts, missed sales and markdowns while achieving better sell-through for continuity and seasonal items.
- Reduce overstocks. Allocate enough stock to meet initial demand and achieve sales without overstocking
- Stay Flexible. No more overstocks and markdowns in some stores and stockouts in others. Reduce cover without impacting sales.
- Avoid simplification. Assign warehouse and DC stock to the exact store or channel with the highest sales probability, avoiding oversimplified clustering.
- Results in minutes. The most profitable SKU/PoS/day allocation and replenishment recommendations from billions of combinations, delivered in minutes.
Rebalancing
Inventory Rebalancing (or Store Transfers) empowers you to continue selling at full-price for longer helping you to consolidate stock in stores that have the highest selling potential.
- Increase margins. Stretch out full-price sales across all channels to protect your profit margins all season, every season.
- Reduce waste. Fewer unsold units means less wastage and more available storage space for next season’s intake.
- Avoid markdowns. By moving inventory to meet demand, you can make end-of-season markdowns a thing of the past.
- Work smarter. Know what to move and where, weighing logistical and operational costs against projected sales.
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Global fashion & footwear retailers choosing Agile Merchandising
What they're saying
To keep growing across channels and countries, we needed to evolve how we manage inventory and make decisions. Our partnership with Nextail will not only help us improve margins but also support us in transforming our day-to-day processes. Nextail’s domain expertise combined with an experienced and supportive team was a deciding factor for us. Alfonso Lamarca - Chief Commercial Officer at Sports Emotion
Nextail’s technology gave us the ability to rethink how we approach replenishment and stock-flow.The real differentiator, though, has been their partnership mindset, working with us ever step of the way to ensure we could scale our operations effectively and profitably. Simon Dawes, Global Merchandising Director at Mountain Warehouse
Looking at like-for-like data, within two months, we saw double-digit growth across Nextail-managed stores. Daniel Jenkins - Hackett London Merchandise Manager, D2C & e-commerce
Implementing centrally led, automated retail processes frees up working capital to enable the aggressive growth of our global footprint, bringing more happiness to more customers with our unique business model and delivering on our customer promise that a ‘richer life doesn’t have to cost a fortune’. Nextail is the key, critical unlock technology. Mike Smith- Flying Tiger Copenhagen Chief Commercial Officer
Merchandising talks: Your top fashion merchandising questions answered
As a senior merchandising consultant and director, Simon Calvert has seen it all, including the challenges of the role, the strife of trying to eek the most margin out of inventory when you haven’t been set up for success, and the glory of a job well done. He says it’s all in a day’s work for these naturally inquisitive and detail-oriented fashion professionals.
