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Supply Planning Software

Get a Cutting-Edge Supply Planning
Solution and Streamline Your Inventory.

Avercast’s supply chain planning software offers top notch solution for warehouse inventory management that eliminates excess products and allows managers to accurately replenish daily, weekly, or monthly time periods.

What Is
Supply Planning?

A business cannot operate efficiently without inventory. Supply planning helps you identify the optimal quantity of product you need to fulfill customers’ demands at any point. Accurate inventory planning directly impacts a company’s cash flow and profitability and is crucial to set up a balance between customer demand and your supply capacity.

What Is Supply Planning
Software?

Supply Planning Software enables you to track your orders live and know where they are in the supply chain planning. The software is a modern art backed up by various technologically enabled algorithms. These algorithms are used to resolve issues that block growth.

The software gives you a better idea of how much inventory you will need to meet consumer demand. Predictions are generated by considering historical sales data, economic shifts, promotional events, seasonality, and consumer trends. Inventory forecasting tools enable organizations to manage, plan, and organize inventory orders faster than manual forecasting techniques.

By choosing Avercast’s software, you don’t have to face loss of sales, lower profit margins, and increased shipping charges. Our Supply planning software analyzes every aspect to identify how much stock is required to fulfill consumer demand, whether it’s holidays, events, or weather changes. In addition, using these projections, you can optimize your strategies to improve your sales.

Features & Benefits of Avercast's Supply Planning

FEATURES

Manage inventory effectively

Supervising inventory is crucial for satisfying your customers. You can’t keep your customers waiting because you failed to manage your inventory well.

BENEFITS

FEATURES

Predictive analytics

Companies rely heavily on prediction based on data – not crystal ball predictions. These predictions are derived using statistical techniques and can be proven repeatedly. With decades of experience, our software has an industry-leading 280+ statistical algorithms.

BENEFITS

FEATURES

Inventory optimization

The most obvious benefit of our Inventory Planning Software is that it assists you in optimizing your inventory. It enables you to reduce stockout situations by better analyzing and supervising the inventory. It allows you to forecast inventory so that you respond to demand faster. And most important of all, it helps you
reduce inventory waste.

BENEFITS

FEATURES

Improved capacity management

Once you get the demand forecast through demand planning software, you know how much you need to produce and for how long you need to maintain inventory. The forecasted numbers allow you to derive how many resources you need to complete production and manage inventory. You can rotate shifts, hire novel resources, or use someone more efficiently.

BENEFITS

Why Do Clients Choose Avercast?

Our Supply Planning software allows you to manage your inventory, track product flow in real time, forecast future inventory, overcome risk, and identify opportunities for a stronger EBITDA. In our decades-long experience, we have assisted businesses across the globe ranging in size from mid-market to brands with more than 9000 SKUs.

With our help, they were able to:

Reduce inventory expenses by 30%

Reduce stock-out scenarios by 85%

Improve bottom line margins

Reduce inventory expenses by 30%

Reduce stock-out scenarios by 85%

Improve bottom line margins

Which Industries Use Supply Planning?

Every company that sells something, whether products or services, has inventory, and it becomes vital to plan, analyze, and manage your inventory efficiently.
The inventory planning process enables you to supervise, forecast, and get ready to sell more. The process starts with predictions and ends after the product has reached its ultimate consumer. Every aspect of the process is essential.

Avercast’s Supply Planning Software is agile, accurate, easy to implement, and integrates with any data warehouse and systems. Our software has helped various brands across sectors like:

Production & Manufacturing

Logistics

Retail

Finance

Production & Manufacturing

Logistics

Retail

Finance

Customer Reviews

"Avercast has freed up millions of dollars in inventory and allowed us to justify a new hire"
Paul Feorene Manager - Logistics, & Parts Management

"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

"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

Frequently Asked Questions

What is Inventory Planning?

The process of streamlining your inventory with the sales and production capacity so that you never witness any lost sales due to stock-out is known as Inventory Planning. The process helps managers to determine the optimal quantity and correct time of the inventory.

Why is Inventory Planning Software important?

Inventory Planning Software is vital because it allows you to avoid stock-out or over-stock scenarios, saving you from incurring unnecessary expenses. The software will enable you to determine when to procure inventory and how much. Also, it maximizes your revenue and reduces your costs.

What is the best way to plan your Inventory?

Over the years, there have been several ways of predicting inventory. Some companies still rely on outdated practices like predicting based on what customers say or just based on sales experts or using Excel. In modern technological days, Inventory Planning Software is the most accurate and reliable way of planning your inventory.

How can Forecasting your Inventory help?

Inventory forecast means predicting the quantity in which you will need products or raw materials to manufacture. This forecasting lets you monitor your performance, manage inventory accurately, keep optimal stocks, and manage capacity according to needs.

Does your business need Inventory Forecasting software?

If you have a business, whether small or large, that deals with any inventory, then the answer is yes. Inventory forecasting software assists you in planning inventory accurately. It determines the right time to deliver the products. To know more about how the software will benefit your business, schedule a demo with our experts.

Need help with
Supply Chain Forecasting?

Avercast supplies the best forecasting tools available on the market. With us, you can experience accuracy along every step of your supply chain.

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Supply Planning Software

What Is
Supply Planning?

What Is Supply Planning
Software?