Press Release

Avercast® Founder Named ‘Pro to Know’

Contact: Tim McGraw
media@avercast.com

February 1, 2011—The founder of Avercast LLC has been named a “Provider Pro to Know” by Supply & Demand Chain Executive magazine. Gene Averill pioneered many of the demand management planning technologies that are commonplace in the industry today.

“Gene Averill is the kind of supply chain insider whose contributions to the field are helping to raise the profile of Supply Chain in the enterprise,” said Andrew K. Reese, the magazine’s editorial director. “It is because of Gene and people like him who fought their way into the board room that Supply Chain has become an integral control point in the enterprise.”

With sales, manufacturing consulting and software development experience, Averill authored the world’s most widely used replenishment software, in use today by more than 10,000 people in 74 countries. Averill provides leadership, direction and his considerable supply chain experience as President and CEO of Avercast, the innovative leader in business forecasting, inventory planning and web collaboration software.

The magazine also highlights a team using the Avercast platform to optimize a low-volume spare parts operation. Oxbo International Corporation designs and manufactures specialized harvesters and exports to more than 20 countries. With more than 150,000 part numbers, Oxbo began forecast simulations with available tools until discovering Avercast, which offered the most options for creating and measuring forecasts to connect a stable, predictable flow of inventory to multiple manufacturing facilities and distribution centers.

The full listing of the 2011 Pros to Know will be available in the February/March 2011 issue of Supply & Demand Chain Executive magazine and e-book beginning in early March and on the Supply & Demand Chain Executive Web site at SDCExec.com/2011Prostoknow.

About Avercast, LLC

Avercast, LLC's Enterprise level inventory forecasting and demand planning software solutions are the world’s first easy-to-use tools for companies that want to optimize inventories based on true demand. Avercast's proprietary forecasting technology includes an industry leading 185 forecasting algorithms to handle product trending, sales seasonality, new product introductions, mature and aging products, intermittent product demand, low volume and slow moving products, product promotions, and much more. Avercast, LLC is headquartered in Rexburg, Idaho USA and can be reached at 208-538-5380. Please call or visit www.avercast.com for more information and/or to schedule a personal demonstration using your company’s inventory and demand data.

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