Forecasting software can be used in multiple contexts, you may have heard the term when talking about the weather. In business, forecasting software is an essential part of the demand planning process. Demand planning is the act of planning for the upcoming demand facing a business. By forecasting demand, a company is able to know how much supply to buy. This prevents certain situations that can end up costing a lot of money.
Forecasting software is usually purchased by a company from a third-party vendor, such as Avercast, that constantly works on developing forecasting algorithms to increase the accuracy of a forecast. The more accurate a forecast is, the better for the company because they are able to have a more accurate idea of what they will sell.
Constant innovation in the forecasting software and demand planning space also drives the need for forecasting software vendors to adapt to change and listen to the demands of growing customers, outside business, and even global competition. With the world becoming an increasingly large connected economy, companies like Avercast have continued to add new features and improve the software year after year so that their clients never end up outgrowing them.
Whether you are using projections software for the first time, upgrading from your current solution to a more comprehensive suite, or switching from a competitor, we offer an easy-to-use, intuitive interface designed from a process of listening to actual demand planners and ascertaining what would work best for them. A variety of input has improved, and will continue to improve, our interface throughout the years.
During our years of business, we’ve seen many unique supply chain challenges. Every business is unique and therefore may need a unique solution to their demand forecasting process. We listen to the obstacle you give us, then work as a team to design a creative solution. We then use that solution to help other businesses having similar problems and naturally grow as a company.
We are here for you day and night. We have clients all throughout the world and therefore we make sure to provide personal support 24/7. Not only will you be able to receive support when you need it, but those providing support are the ones that developed the system themselves.
Your ROI will be substantial from the funds saved in proper inventory planning by preventing stock-outs and overstocks, but that’s not all. You will see a direct increase in employee productivity and free up your team to work on projects that used to only be an intangible dream. This will result in an increase of revenue streams and will likely affect every department positively
Keeping track of the demand for every single variation of every single product can be tricky. When taking into consideration every SKU, location, customer, warehouse, planner, sales region, groupings, total business, etc. your team can quickly become overwhelmed trying to keep things organized. Avercast lets you forecast demand at any level you want. Don’t just settle for SKUs, forecast everything from brands to suppliers.
• Simplistic Sales & Operations Planning Management
• Achieve Business Objectives
• Feature List Item Summaries
• Calculation of Safety Stock
• Supplier Management
• Significant Reduction of Lead Times
• Customization per Vendor
• Instantaneous Supplier Communication
• Summarizes Sales, Bookings, Inventory,
Production, Shipments, and Backlog for
high-level analysis
• Simplistic Sales & Operations Planning Management
• Achieve Business Objectives
• Feature List Item Summaries
• Calculation of Safety Stock
• Supplier Management
• Significant Reduction of Lead Times
• Customization per Vendor
• Instantaneous Supplier Communication
• Summarizes Sales, Bookings, Inventory,
Production, Shipments, and Backlog for
high-level analysis
• Simplistic Sales & Operations Planning Management
• Achieve Business Objectives
• Feature List Item Summaries
• Calculation of Safety Stock
• Supplier Management
• Significant Reduction of Lead Times
• Customization per Vendor
• Instantaneous Supplier Communication
• Summarizes Sales, Bookings, Inventory,
Production, Shipments, and Backlog for
high-level analysis