What Is Demand Forecasting Software?

At Avercast our focus is helping businesses balance supply and demand in the best way possible. This goal is achieved through the use of our demand forecasting software. Businesses worldwide use our tools to effectively balance supply and demand. Our award-winning demand forecasting software can help you predict demand and make plans to efficiently meet upcoming consumer demand.
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We know businesses everywhere need innovative and versatile demand forecasting solutions, and we’re constantly striving to improve and add to our 250+ forecasting algorithms. Our algorithms have been developed through close work with our clients and their supply chain needs. At Avercast, we confidently offer you the best demand forecasting tools as we continue to find ways to improve our solutions.
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For over 40 years, we’ve been seeking to understand the factors of a great demand planning and forecasting system. Avercast offers you a complete supply chain software suite. We have every demand planning tool a business could ever need. Our sales forecasting software works for any business. Accuracy within minutes is guaranteed as historical data is analyzed, and the most effective algorithms are applied. Automations can be used in our software to track your product activity, halt forecasting of discontinued products, track extreme highs and lows in demand, and more. All these features allow you to produce the most accurate forecasts possible.
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Our forecasting software allows you to forecast for an entire business, but it also offers options to forecast for sub-groups and categories. This makes it easy for you to identify areas where improvement is needed, as forecasting by any key indicator is possible. For example, a clothing company may choose to forecast by size, material, or color. A medical supply company might forecast by SKU, by tools needed for a specific procedure, or by many other options. Avercast truly offers unlimited potential with our forecasting software.

Forecast Anything

Avercast supply chain software can forecast anything. At Avercast, we’re passionate about enhancing your supply chain.
Our forecasting software can be used in conjunction with business budgeting software or as financial projection software. We have vast knowledge of supply chain management, and Avercast can forecast anything and be integrated with any ERP system that you may use. Our versatility is just a part of what makes our demand forecasting tools your best option.
Avercast’s revenue forecasting software provides you a forecast of up to 5 years. We offer several options with our inventory forecasting software that allow user-involved or automated forecasts. You have complete access to the forecasting engine, so you can really understand the system and outcomes. This allows for adjustments to be made, so the software can cater to any specific needs and desires you may have.
The ABC code calculator produces a report of how your items are performing. These are displayed in metrics such as revenue, profit, weight, cost, and more. Avercast’s forecast performance report shows how actual and forecast data compare. This allows you to have an in-depth understanding of how the algorithms are performing.
Avercast provides sales forecasting software, business forecasting software, inventory forecasting software, demand forecasting software, revenue forecasting software, and financial projection software. We strive to customize our solutions to meet the needs of any company.

How to Forecast Demand?

At Avercast, our experts are proficient at forecasting demand for our clients. We use 250+ advanced forecasting algorithms to ensure our forecasts are as accurate as possible. These algorithms were generated through the years, working with a variety of customers across verticals.

To ensure accuracy of forecasts, the software takes many data sets into account. These include past sales, historical trends, current market conditions, consumer profiles, demographic details, and more. Using this information, our demand forecasting processes then predict demand for various products for up to 5 years.

Features of Avercast’s Demand Forecasting Software

Generate forecasts for up to 60 months in the future
Access 250+ forecasting algorithms
Customizable reporting tools used to prioritize items, compare forecasts, determine forecasting software accuracy, optimize safety stock, identify outliers, and more
Create a forecast for any custom category such as supplier, SKU, customer, location, brand, color, size, weight, revenue, profit, inventory, etc.

Make adjustments to sales history and the forecast to enhance accuracy
Improve team collaboration
Connect with any ERP or business intelligence tool
Experience great customer service with expert professionals
Access to the development team to create user-specific solutions

We are not only passionate about technological innovation, but also we strive to provide the best customer service. We are proud to offer onsite and offsite training with our experts. We want you to succeed and experience the improvements possible with Avercast’s demand forecasting software.

Who Uses Demand Planning Software?

Companies of all sizes across various industries use demand planning software to aid the working of various departments. Some of these industries are retail, food & beverage, and automotive. If your company has any kind of inventory, you can benefit from demand planning solutions.

What Can Demand Forecasting Software Do For Your Business?

With accurate demand planning, you can stay ahead of your inventory, plan demand better, and make informed data-driven decisions for your business. You can experience financial growth, accurate inventory levels, and happier customers.

What Demand Forecasting Software Can do For Your Business?

Why Choose Avercast’s Demand Forecasting Software?

Powered by 250+ accurate forecasting algorithms, our demand forecasts deliver on our promise of up to 99% accuracy in our demand forecasts. Backed by decades of experience, an expert staff, and exceptional customer satisfaction, we strive to provide you with the ideal demand forecasting solution for your business.

"Avercast has freed up millions of dollars in inventory and allowed us to justify a new hire"

Paul Feorene

Manager - Logistics, & Parts Management

Visual Image of Makeup on arms of Avercast's Customer's product

"They used one sheet per brand... [and] we had to aggregate everything. We would pretty much use the historic numbers to try and project everything. Avercast allowed us to do more.”

Martin Toh

Executive Vice President of Operations

"One of the great things Avercast did [was give] us the opportunity to take as many SKUs as we wanted and give them historical data and run the forecast in the system and see what that output was.”

Josh Rocha

Supply Chain Manager

Boys playing flag soccer with the product produced by SKLZ customer.

"With Avercast we are able to combine both forecasting and supply planning and toggle between them easily. With the visibility gained from Avercast, our forecast accuracy has improved.”

Erica Davis

Director of Planning

As part of a deal with General Motors, Cassidy is responsible for ensuring 50 GM plants weekly forecast data is automatically interfaced into Avercast to assist in executing their orders.

Cassidy Laudadio

Forecasting Specialist

“First, the forecasting software has helped us tremendously. In addition, the visibility into our current inventory hold has helped us very much. Without Avercast I don’t know how I would find out how much inventory I have and what I am going to end at."

Nicolette Molina

Senior Supply-Chain Analyst.

“[OOLY] was always out of stock, couldn’t deliver, and always ship backorders [where] customers had to wait forever to get their [orders].” “Within a year, we corrected our image in the marketplace. […] We were able to… optimize our [inventory turns].”

Matt Peters

VP of Operations