€70k
Retail merchandising platform
Open for applications
Retail merchandising platform
101-200 employees
Open for applications
€70k
101-200 employees
Nextail's mission is to make the fashion retail world a better place by helping retailers to transform their merchandising processes and inventory management through AI-driven tools.
Making merchandising decisions as a fashion business is essential for inventory surplus, increasing sales, and lowering inventory loads. This is relatively simple to achieve based on macro analytics, but automating and anticipating demand at a local level is significantly more challenging.
Nextail provides AI-driven merchandise management solutions for fashion retailers, providing analytics at a hyper-local level to help companies optimize their inventories. Its tools help to predict ideal purchase quantities to reduce leftovers, replenish stock precisely, transfer stock between stores, and engage with actionable data-driven analytics.
Whilst AI-driven merchandising solutions have been on the market for several years, Nextail’s angle of specializing in tackling inventory optimization within the fashion retail industry is a rather unique one. Furthermore, the company has made a smart move by focussing on hyper-local analytics and insights, helping to make a company more profitable at the macro level by focussing on micro efficiencies.
Kirsty
Company Specialist at Welcome to the Jungle
Few candidates hear
back within 2 weeks
Jun 2018
$9.4m
SERIES A
Sep 2016
$1.6m
SEED
El Viso, Madrid, Spain
Joaquin Villalba
(CEO)Customer Solutions Manager for Kuehne + Nagel from 2003 to 2007. Head of European Logistics Operations for Inditex from 2008 to 2012.
Carlos Miragall
(Board Member)Experience as Senior Manager of A. T. Kearney from 2008 to 2014. Chief Financial Officer of Panaseer since 2020.
Javier Lafuente
(Board Member (Observer))Founder and Director of Analytical Intelligence for Decide Soluciones. Founder and Head of Product Development for ORQUEST.
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