Blog

In addition to producing great software, we’re passionate about sharing industry related advice and best practice techniques. Here are some of our latest posts:

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.

Business Forecasting is for Everyone

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

Want to See the Future?

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

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.

What Everyone Should Know About Business Forecasting Software

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

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.

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.

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.

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..

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.

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.

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.

Elements of Reverse Logistic Journeys Online Returns

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

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.

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.

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.

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.

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.

Demand Forecasting Software: a Sure Way to Improve

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

Why Do Ecommerce Businesses Need Demand Forecasting Software?

Predicting the market is essential for every eCommerce business.

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.

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.

What is Demand Planning Software?

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

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.

Why is Demand Forecasting Software Essential to Survive Market Uncertainty?

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

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.

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.

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.