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Description
Autobox is the most user-friendly solution for forecasting available today. Tailored for both beginners and seasoned professionals, it allows users to input their data and generate forecasts with expert-level accuracy. Regardless of your current forecasting technique, Autobox enhances your precision in predictions significantly. This innovative tool has been recognized as the “best-dedicated forecasting program” in the esteemed Principles of Forecasting textbook and has transitioned into an online platform. The unique methodology employed by AFS does not confine data to a rigid model or a small selection of models, enabling Autobox to optimally integrate historical data and causal factors while addressing level shifts, local time trends, pulses, and seasonal variations as needed. The Autobox engine is adept at uncovering new causal variables by analyzing patterns within historical forecast errors and outliers, often revealing causal factors that users may have been unaware of, such as promotions, holidays, and day-of-the-week influences. This capability allows users to harness a broader range of insights, ultimately leading to more refined and actionable forecasts.
Description
Optimizing Pricing for Profit, Gaining Insights on Competitor Pricing, and Forecasting Demand are all enhanced through the use of AI and Machine Learning technologies. This approach resulted in a remarkable 14.4% increase in sales for a popular American casual apparel brand due to more effective pricing strategies. By employing Intelligent Demand Forecasting, we merge the strengths of machine learning with human expertise, taking into account various factors such as local events, holidays, back-to-school periods, school closures, community festivals, social signals, and broader economic indicators. Our services encompass Demand Forecasting, Store Ordering, Purchase Order Recommendations, and efficient Shelf Space Allocation & Optimization, all backed by Continuous Monitoring and Improvement processes. Additionally, we focus on Intelligent Pricing to achieve better sales realization and enhanced profit margins. By analyzing price elasticity based on product, location, and time, we can strategically determine appropriate mark-ups or markdowns. Our Differential Pricing Strategies are designed to prevent a downward pricing spiral, and we utilize A/B testing to validate our methods and results effectively. Ultimately, our comprehensive approach not only supports immediate sales goals but also fosters long-term growth and sustainability in the competitive market.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Automatic Forecasting Systems
Country
United States
Website
autobox.com/cms/index.php/products/autobox
Vendor Details
Company Name
NextOrbit
Founded
2014
Country
India
Website
www.nextorbit.com/en/
Product Features
Product Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting