BLOGS

January 18, 2022

Announcement

EMERALD ISLE, NC – TransImpact, an industry-leading supply chain technology and services company, announces the acquisition of Avercast LLC, an inventory forecasting, demand planning and inventory optimization software provider.

November 22, 2021

3 Common Demand Forecasting Mistakes & How to Fix Them

Demand planning can make or break your business. Read about how to fix 3 common mistakes.

November 12, 2021

Forecasting Amid Constant Change

Sales forecasting software allows you to continue to see success, no matter what's thrown your way.

November 11, 2021

Avercast’s Internal Forecasting Software at the 2021 Logistics World Summit & Expo

We’re pleased to announce our attendance to the 2021 Logistics World Summit and Expo. This is one of the biggest logistics events of the year, and we’re excited to be a part of it.

November 11, 2021

Forecasting Method: Moving Averages

Simply put, moving averages is what it sounds like. Averages are ‘moved’ to manipulate data and produce a reliable forecast. This can be done in a variety of ways, including simple and weighted moving averages.

November 9, 2021

3 Benefits of Demand Forecasting

Demand forecasting in supply chain is an essential practice. If you want to see your company improve in the above ways, as well as in additional areas, you need to get your hands on demand forecasting software.

September 15, 2021

How Chewy Sets the Stage for Accurate Inventory

There are many reasons to use sales forecasting tools. Sales forecasting software predicts the sales a business will make within a certain time frame.

September 15, 2021

Business Forecasting is for Everyone

Business forecasting is a rather broad term. It refers to predicting different elements in your business.

August 20, 2021

Want to See the Future?

Demand planning is essential for your business if you want to have a good handle on your inventory.

August 17, 2021

7 Amazing Benefits of Sales Forecasting Software

Sales forecasting is the process of predicting the amount of product that will sell within a defined timeframe.

August 17, 2021

What Everyone Should Know About Business Forecasting Software

Without accurate business forecasting software, you run the risk of both overstock and stockout situations.

August 17, 2021

Top 6 Inventory Planning Challenges and Solutions to Overcome Them

Inventory planning software is essential in operating a smooth supply chain.

July 13, 2021

4 Common Warehouse Issues That Can Be Fixed with Avercast’s Inventory Planning Software

Inventory planning software is the way to address weaknesses found among warehouses.

July 8, 2021

How Demand Planning has been Effective in Supply Chain Management During the COVID-19 Pandemic

Demand planning helps businesses make informed decisions and plan operations to meet consumer demand.

July 7, 2021

4 Questions You Need to Understand If You Want to Successfully Meet Consumer Demand

Forecasts have the potential to strengthen the companies that utilize them.

June 18, 2021

Inventory Planning Software is Essential in Overcoming the Effects of COVID-19 on Retail Supply Chain

Inventory planning software is a valuable tool for businesses to use to forecast their product demand..

June 15, 2021

What is Sales Forecasting and How is it Beneficial for Retail Businesses?

If you’re a company looking to learn more about what sales forecasting is, or how to forecast sales, you have landed on the right page.

June 4, 2021

Chick-fil-A Supply Chain Elements

The purpose of this case study is to share some of the unique supply chain decisions made by Chick-fil-A.

May 26, 2021

What is Demand Planning Software and Its Role in Supply Chain Management?

Demand forecasting plays a significant role in supply chain management. It drives all decisions related to business operations.

May 26, 2021

Elements of Reverse Logistic Journeys Online Returns

With surprises and uncertainty all around, it makes sense to turn to the industry-leading forecasting software.

May 26, 2021

Chick-Fil-A - Supply Chain Issues

Due to industry-wide supply chain issues, the popular chain is facing a “shortage of select items.” Among these items are their popular sauces.

May 24, 2021

What is sales forecasting and how it can benefit your organization?

Sales forecasting is the process of predicting revenue by estimating the amount of product that will sell in the upcoming months or years.

May 21, 2021

Forecasting Software, Always the Right Choice

Business forecasting software is used to help with demand planning. In demand planning, a company plans what they can do to successfully tackle upcoming consumer demand.

May 20, 2021

6 Key Factors to Look for While Choosing the Best Inventory Forecasting Software for Your Business

Inventory management software is a vital tool mainly for retail industries.

May 20, 2021

Benefits of Demand Forecasting

Implementing demand forecasting software will allow you to have a more realistic and reliable knowledge of what your inventory should look like.

May 18, 2021

Demand Forecasting Software: a Sure Way to Improve

Demand planning is a sure way to enhance your operational strategies and boost your success.

May 12, 2021

Why Do Ecommerce Businesses Need Demand Forecasting Software?

Predicting the market is essential for every eCommerce business.

May 12, 2021

Tips to Choose the Best Forecasting Software for Your Business

A business forecasting software should have features that you can update according to your requirements.

February 25, 2021

Demand Forecasting Software – An art to see the ultimate fate of a business

Forecasting is a verb that describes the action of predicting something in the future based on data, history, trends, or a mixture of the three.

February 5, 2021

What is Demand Planning Software?

The best demand planning software will be one that is catered to you

November 25, 2020

Is Inventory Management Stressful? Try Inventory Forecasting Software

Situations such as the recent COVID-19 pandemic can cause your sales to fluctuate, thereby impacting your business revenue.

November 11, 2020

Why is Demand Forecasting Software Essential to Survive Market Uncertainty?

With demand forecasting software, you can make informed business decisions to meet consumer demand.

November 4, 2020

How Can Demand Planning Software be a Solution to Manage Overstocks and Stock-outs?

Demand management software has become a beneficial tool for supply chain professionals over the past few years.

October 26, 2020

What is the Role of Forecasting Software in Supply Chain Management?

Forecasting is defined as a technique that uses past and present data to make estimates of future trends.

October 22, 2020

How Business Forecasting Software Can Help to Grow Your Business

Have you ever wondered, “How can I stay ahead of time to increase my business revenue?” ....

What is Supply Chain Management?

Supply chain management is often one of the most important, and sometimes the most overlooked part of any company.

Ways Inventory Management Software Increases Sales & Profit

Retail analysis software is part of our supply chain management software suite and provides your business...

Business Forecasting Software: How It Can Save You Money Today

One of the most frustrating parts of running a business can be operations and logistics.

The Ins and Outs of Sales Forecasting Software

The question then arises, how does sales forecasting work? Most solutions use historical history trends to project an outcome.

Mattel to reduce SKUs 30% by the end of the year

SKU rationalization considerations should be part of your monthly inventory planning cycle.

How fast can a virus destroy a supply chain?

Supply chain news outlets are abuzz with stories on how the Coronavirus is wreaking havoc on name-brand companies the world over.

Small businesses say coronavirus is starting to cause supply-chain squeezes and lost sales

 Lost sales in historical demand data can remain forever, affecting (negatively) future forecasting endeavors.

Why we need a government supply-chain office now, more than ever

would a formal Department of Supply Chain (like the Department of Homeland Security) help or hinder US business to fight a global pandemic or other disasters?

So, do we tip this odd looking vehicle?

Domino's Brings Self-Driving Pizza Delivery Pilot to Houston

Walmart takes last-mile delivery to the fridge

Walmart literally wants access into your home. Question is, will you let them in?

Exponential Smoothing

When you create a forecast using exponential smoothing, you have the opportunity to use your own personal insights..

Forecasting Overview

This is an overview of some basic forecasting methods. These basic forecasting methods are broken into two categories..

Naïve Forecasting

This forecasting method simply states that we forecast that this period will be the same as the previous period.

Moving Averages

When you create a forecast using this moving average method, you predetermine the number of periods to average to get a forecast for the next period.