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Avercast’s feature-rich demand forecasting software is the most capable inventory forecasting software on the market. Over the past several decades, alongside several supply chain experts, our software development and data analytics teams have worked together to create 250+ unique forecasting algorithms. As an industry leader in demand planning and forecasting software, we’ve helped hundreds of high-level clients save millions of dollars in inventory expenses.

Demand Forecasting

Necessity of Demand Forecasting Software

Each algorithm that our demand management software uses was developed by working hands-on with our customers to guarantee a satisfactory level of accuracy. Working with our customers not only guarantees the best sales forecasting software for their needs but has also led to a high level of customer retention and customer satisfaction. Our client success department is dedicated to maintaining satisfaction, producing client-driven demand forecasting software, and providing excellent training resources and assistance when necessary.

Benefits

Precise Demand Forecasting

The software uses 250+ advanced technological algorithms and historical data of up to 60 months to forecast demands accurately

Predict at Any Level

The software empowers you to predict not just the sales, warehouse, and location but at any level, from top brands to suppliers and beyond

Just for You Solutions

One of the benefits of using Avercast’s Demand Forecast Software is that you get customized solutions that assist you with resolving your specific issues

Compare, Adjust, and Generate

You can compare forecasts from your sales team, customers, and the ones that Avercast generates. Then, adjust based on the comparison and generate an accurate forecast

Easy to Use

No dedicated training is required to operate Avercast forecasting software. It is effortless to use, lets you view data in graphical representation, and integrates with any ERPs.

Proficient Expert Guidance

Along with advanced algorithms, Avercast provides their users with amazing customer satisfaction. We have experienced and skilled experts to guide users at every stage

Why Avercast’s Demand Forecasting Software?

Avercast’s inventory forecasting software utilizes each algorithm to looks for trends in to generate an accurate result for any type of historical data. You aren’t just limited to forecasting sales with, you can forecast any indicator of historical demand that has been tracked, such as order history, shipment history, and much more. Avercast’s revenue forecasting software also allows you to forecast by any metric important to your business such as profit, revenue, cost, inventory, etc. You are able to fine-tune your forecast even further by forecasting any combination of important metrics such as SKU, Customer, Size, Brand, Location, Color, and any other pre-defined category that you would like to measure and forecast. Like many of the other best inventory management software solutions, Avercast allows you to generate a forecast for several upcoming periods. In our case, we allow you to create a forecast for as far out as 5 years. Not only have we incorporated several of the most well-known traditional forecasting algorithms, we have incorporated a significant number of customized algorithms that allow users the freedom to use industry expertise when wanted, but also follow the software’s suggestions in situations where that isn’t possible. This approach opens up Avercast to both those looking for a robust aid to their current solution while also providing a totally unique forecasting software experience to those looking for something less complex.
Avercast’s ABC Analysis tool takes your inventory management system one step further by providing a detailed analysis of your data in the form of prioritized product rankings. Our ABC calculator allows you to identify a determining factor such as margin, cost, price, etc. and then analyzes all of your specified products to rank them according to the metric you set. We then provide you with an in-depth report showing how each of your items and categories rank in the system. These products then receive a classification code that allows you to optimize your planning by filtering through items that may not be as productive as you would have thought, or vice versa. This approach just scratches the surface of what our ABC forecasting software tool can do, we’ll provide efficient training to for each one of our sales forecasting tools to help you use the software as soon as possible.

Key Features

Prediction Based on Volume, Cost, Profit...

Using the demand forecasting software, you can anticipate your demands based on numerous factors like revenue, units, costs, etc.

Forecast in Seconds

The software allows you to make a new forecast easily within seconds. It reduces the time required, which you can utilize in planning

Arrange Product Based on Priority

The software enables you to prioritize your products before you forecast. Once done, test the performance with reporting tools

Create Numerous Forecast Sets

Using the demand forecasting software by Avercast, you can generate different forecast sets to choose an ideal one.

Customized Reporting Tools

This function makes operations easy; users can prioritize the product they think is cash cow, can hone the safety stock, find outliers etc.

Boosts Collaboration

Successful implementation of Demand forecasting software improves team collaboration across supply chain. Different teams can join forces together to achieve the goal

Frequently Asked Questions

How demand planning varies from demand forecasting?
What are the different demand forecasting methods?
How forecasting affects your supply chain and fulfillment?
What is the importance of Demand Forecasting software?
What are the components of demand forecasting?
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