Nextscm
Our journey started at Myntra. While at Myntra, we realized that almost all brands and retailers in India were struggling with their inventory management. Most Indian players manage to rotate their inventory 2-3 times a year, while global players like Zara rotates it 10-12 times. The fundamental reason was limited access of intelligent technology platform for Merchandising and for exposing single view of inventory for all sales channels (B2C and B2B).
We realized that there is a huge need for smart technology, focused on making supply very efficient through
a) accurate demand forecasting at most granular level and just in time supply
b) single view of inventory
c) warehousing anytime, anywhere being closer to end customer.
INCREFF was founded in August 2016 by former Myntra executives Rajul Jain and Anshuman Agarwal, and former Trilogy executive Romil Jain.