Important Note: Before adding a listing to this category make sure this is the right category for your software. Listings in irrelevant categories will not be accepted.

• Barcode
• Dispatch Software
  
• Distribution Software
• Fleet Management
• Freight Brokerage
• Inventory Control Software
• Inventory Forecasting Software
• Inventory Management
• Logistics
• Output Management Software
• Parts Planning
• Transportation
• Warehouse Management
• Wholesale Distribution

Software Information: A guide to Inventory Forecasting Software

Inventory Forecasting Software

You must have a proven methodology in place if you forecast demand accurately. Inventory Forecasting Software provides you with the technology you need to feel positive about forecasting future product order. Our technologies for demand planning have consistently helped businesses plan the accurate inventory in the right place at the right time.

Having accurate demand forecasts is a crucial competitive advantage in manufacturing and/or
distributing. Companies that are able to forecast and plan well operate on fewer inventories than their competitors. Inventory Forecasting Software calculates best possible inventory levels while maintaining and/or improving customer service levels. Fewer inventories translate into higher cash flow that can then be invested into other areas to facilitate company growth.

Inventory Forecasting Software takes the maximum volume of work out of forecasting. It analyzes demand history and applies different forecasting methodologies to see which method is the best fit for predicting the future on an item-by-item or group basis. This software notifies you, by way of an action item, which products (if any) it had trouble with. Thus creating an environment whereby the forecast analyst is able to manage by exception. Instead of reviewing potentially thousands of forecasts, now the forecast analyst reviews a few.

Inventory Forecasting Software Benefits:

Analyze history of 40 to 50 months

Develop forecasts for many months into the future

Software systematically chooses best fit from various technical forecast methods

Forecast at any level of pecking order (example: location, customer, warehouse, planner, sales region, groupings, total business, etc)

View forecast by units, price, cost, weight, volume, pallets, profit, or any other definable unit of measure

Regulate forecasts at any level of hierarchy

Force summary forecast adjustments back to quality records

Present data graphically

Customized reports

Calculate and rank ABC codes by cost, price, weight, volume, units, or profit