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Avercast’s Inventory Planning Software

The all-in-one software to predict, control, and manage your inventory

demand planning software

Using spreadsheets for planing and forecasting inventory records can be time-consuming and error-prone. Avercast has developed the best solution to avoid the drawbacks of spreadsheets. Our inventory forecasting software is backed by 208 algorithms that generate a more accurate forecast in seconds.

With Avercast’s planning and forecasting software, you can know what and when your inventory will look like. Plan your inventory to deliver the right products to the right place at the right time. A lack of the right inventory planning tools can lead to stocking out and overstocking.

Using spreadsheets for planning and forecasting inventory records can be time-consuming and cause frequent errors. Avercast has developed the best solution to avoid the drawbacks of spreadsheets. Our inventory forecasting software is backed by 208 algorithms that generate a more accurate forecast in seconds.

With Avercast’s planning and forecasting software, you can know what your inventory will look like and when it will be required. Plan your inventory in a way that ensures the right products will be delivered at the right time. Your warehouse management operations will be benefited as you avoid both overstock and stockout situations.

demand planning software

What is Inventory Planning Software?

Inventory planning software is software used to track and manage your inventory to reduce lost sales and inventory waste. If you plan your orders with inventory planning software, you get an idea of how much inventory you have on hand, and how much you need to produce to meet consumer demand. Consequently, as your warehouse management system is greatly improved, you can deliver products at the right place and time. Plan your inventory ahead of time with inventory prediction software to avoid manual errors and save effort and time.

Purpose of Inventory Planning Software

  • Identify raw material requirements
  • Avoid product damage
  • Improve warehouse management
  • Plan inventory based on daily, weekly, monthly, and yearly time intervals
  • Manage inventory to deliver the right quantity to the right location
  • Present accurate insights of inventory operations
  • Improve the decision-making process through inventory forecasts
inventory purpose

Purpose of inventory planning software

  • Plan your inventory based on daily, weekly, monthly, and yearly time intervals
  • Manage inventory to deliver the right quantity to the right location
  • Identify raw material requirements
  • Manage warehousing activities to avoid product damage
  • Accurate insights into inventory operations
  • Improve the decision-making process by forecasting inventory

Inventory Forecasting Software for Supply Chain Management

Planning without forecasting generally results in huge losses, especially in the manufacturing and retail industries. To avoid inefficiencies caused by improper inventory management you can forecast inventory requirements. Inventory forecasting allows you to understand raw material requirements, inventory you have on hand, and resources required to fulfil market needs.

You can avoid supply chain management issues caused by an imbalance of production and supply. Avercast’s warehouse management tools ensure improved relationships with suppliers and stakeholders.

What is Inventory Management Software?

Inventory management software is data-driven software used to track your product’s sales, deliveries, quantity, and demand. Using inventory management software, you can track how much inventory your business has at each location and how much you need to manufacture to fulfil upcoming demand. You can avoid inventory inefficiencies and increase profits using inventory management software.

How to Improve Warehouse Management: Implement Inventory Management Software

  • Plan inventory ahead of time
  • Prevent overstocks and stockouts
  • Manage logistics and resources by forecasting inventory requirements
  • Improve relationships with vendors and suppliers
  • Increase productivity by forecasting demand
inventory management SW

Why do customers prefer Avercast’s Inventory Planning Software?

Avercast has decades of experience in developing forecasting software. Our inventory optimization software is backed by 208 algorithms that ensure accurate forecasts and accurate inventory planning. Increase productivity and profits by managing your inventory with the best inventory planning and forecasting software.
Avercast has served numerous industries, including retail, manufacturing, automobile, aviation, food, and many others. Along with optimizing supply chain management, industries have observed increases in sales and profits by using Avercast’s inventory prediction software.

Customers choosing Avercast have experienced benefits that include

  • Accurate forecasts
  • Simplified inventory management
  • Reduced stockouts and overstocks
  • Enhanced productivity
  • Reduced inventory waste
  • Increased profits
  • Satisfied customers
  • Reduced manual work

Optimize Your Inventory with Avercast’s Inventory Forecasting Software

Obtaining optimized inventory results requires extraordinary planning and management. We understand your need to plan your inventory to have happy customers. Our inventory forecasting and planning tools are developed to fulfil your needs to make absolute inventory plans. Warehouse inventory software sends specific alerts to maintain a perfect balance between the consumer demand and product supply.
Avercast’s forecasting solutions include a wide range of software to optimize, plan, manage, and forecast your inventory. You can manage your orders, deliveries, production, and make informed decisions using Avercast’s inventory optimization software.

Highlighted Features:

  • Generates forecast for up to 5 years in the future.
  • Develops an inventory plan based on daily, weekly, or monthly future time intervals.
  • Generates plans simultaneously in a combination of different time intervals (i.e., raw material requirements in days and manufactured goods in weeks)
  • Dashboard planner enables you to get insights of upcoming demand, sales orders, replenishment orders, and time-phased data.
  • Performs “what-if” analysis to test product sales for different scenarios.
  • Sends alerts like, out of stock, safety stock, safety time, and recommended orders
  • Accurately calculates safety stock and safety time
  • Maintains a record of original and adjusted numbers
inventory purpose

Inventory forecasting software is far more than a display of inventory requirements. To learn more about how Avercast’s best warehouse management software can benefit your company, request a demo today!

Key Features