Avercast

Avercast Forecasting Software is a solution designed to help businesses effectively balance supply and demand. According to the vendor, the software provides accurate sales forecasts, inventory planning capabilities, and demand forecasting features. It is said to be suitable for companies of all sizes, from small businesses to large enterprises. Supply Chain Managers, Inventory Managers, Demand Planners, Operations Managers, and Sales Managers in industries such as Retail, Manufacturing, Automotive, Food & Beverage, and Wholesale Distribution are said to benefit from the functionalities offered by Avercast Forecasting Software.

Key Features

Demand Planning: According to the vendor, Avercast Forecasting Software allows businesses to see future consumer demand and optimize their supply chain operations accordingly. It aims to provide certainty in supply chain operations for improved efficiency and informed decision-making about inventory management.

Forecasting Software: The vendor claims that Avercast Forecasting Software provides insights into future market conditions, enabling effective adjustment of inventory operations to meet upcoming demand. It aims to offer accuracy in forecasting through historical data analysis and the application of effective algorithms.

Demand Forecasting: According to the vendor, Avercast Forecasting Software benefits every department within a company through ERP integration. It is claimed to create an accurate business forecast of the future, organize valuable inventory space, and provide benefits such as improved inventory forecasting and accurate business planning.

Inventory Planning: Avercast Forecasting Software is said to improve inventory forecasting for companies of any size, aiming to increase inventory accuracy up to 99%. It aims to help in effective inventory management and optimization.

Sales & Operations Planning: According to the vendor, Avercast Forecasting Software aims to maximize profit from the inventory planning process and minimize the risk of overstock on slow products. It is claimed to unite sales and operations teams for maximum inventory optimization.

Capacity Planning: The vendor states that Avercast Forecasting Software helps in knowing when to outsource production and establishes the required overtime for meeting production goals. It aims to assist in managing production capacity effectively.

Supplier Connections: According to the vendor, Avercast Forecasting Software aims to help in managing and maintaining strong relationships with suppliers. It is claimed to track sales channels and supplier relations, enabling effective supplier management and collaboration.

Sales Forecasting: Avercast Forecasting Software is said to provide accurate sales forecasts, helping businesses understand every detail of sales and offering sales forecasting tools for better decision-making.

Inventory Forecasting Software: According to the vendor, Avercast Forecasting Software generates forecasts for up to 5 years in the future and provides access to 250+ forecasting algorithms for accuracy. It offers customizable reporting tools for prioritization and optimization, forecast customization for any custom category, and allows adjustments to sales history and forecast for enhanced accuracy. It is also claimed to improve team collaboration and integrate with ERP and business intelligence tools.

Inventory Planning Software: The vendor claims that Avercast Forecasting Software develops a comprehensive time-phased inventory plan and simultaneously plans in any combination of time periods. It aims to provide detailed access to open sales orders, replenishment orders, and consolidated data, perform what-if analysis on planning or production strategies, support bill of material explosions and dynamic safety stock recalculation, and offer user permission control and S&OP software alerts.