Finding software can be overwhelming. We've helped thousands of businesses choose the right demand planning software so they can forecast demand using historical data and stock accordingly.

Showing 1-20 of 96 products

Fishbowl Inventory

Fishbowl is a hybrid manufacturing and warehouse management solution designed for small and midsize companies. Key features include inventory control, material requirements planning (MRP), job shop floor control, work order management,... Read more

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Recent recommendations: 40 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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Infoplus

Infoplus WMS is a web-based warehouse management software solution for small to midsize 3PLs, eCommerce Retailers, and Wholesalers focused on taking control of overall inventory, warehouse operations and shipping.  Key features include... Read more

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Recent recommendations: 22 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Rose Rocket

Rose Rocket’s transportation management software (TMS) platform helps companies improve communications with systems, customers and the people who move freight.  Its open platform makes it easy to connect to the software that runs... Read more

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Recent recommendations: 15 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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WISE

WISE by Royal 4 Systems is a rules-based warehouse management (WMS) system that is able to support a number of industries, including 3PL, automotive, food and beverage and industrial machinery. WISE helps users manage core warehouse... Read more

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Recent recommendations: 11 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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Conga Contracts

Conga Contracts is a hybrid contract lifecycle management (CLM) solution that helps organizations to generate, track, maintain and report on different business contracts. The solution can either be deployed on-premise or hosted in... Read more

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Recent recommendations: 10 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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Omnna ERP

Omnna is a cloud-based ERP that allows businesses of all sizes to manage processes for the supply chain lifecycle, point of sale, warehousing, customer relationship management and more. Omnna's complete B2B and B2C warehouse management... Read more

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Recent recommendations: 10 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Shipedge

Shipedge is a cloud-based warehouse management solution for small, midsize and large enterprises. It caters to e-commerce warehouses, fulfillment service providers, third-party logistics companies (3PL/4PL), omni/multi-channel retailers,... Read more

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Recent recommendations: 9 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Lead Commerce

Lead Commerce is an integrated order management suite that offers applications like inventory management, merchandise planning, and customer relationship management. The solution helps small and midsize businesses streamline and automate... Read more

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Recent recommendations: 7 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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NetSuite

NetSuite is a business management software suite offered as a service that performs enterprise resource planning (ERP) and customer relationship management (CRM) functions. It is a horizontal package designed for an extensive range... Read more

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Recent recommendations: 6 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Kechie

Kechie, a SaaS platform suited for businesses with $1M+ in revenue, was developed to manage goods and services from the point of origin to consumption. Seamlessly manage vendors, bids, purchase orders, work orders, and transfer orders... Read more

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Recent recommendations: 6 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Atlas Planning Suite

Atlas Planning Suite by John Galt Solutions is an end-to-end supply chain planning solution designed to suit the needs of businesses in various industries. Companies in consumer goods, manufacturing, agriculture, industrial equipment,... Read more

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Recent recommendations: 3 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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Vanguard Predictive Planning

Vanguard Predictive Planning is a supply chain management tool developed for scaling enterprise companies. Retailers, distributors, engineering firms, pharmaceutical manufacturers, energy companies, software companies, and various... Read more

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Recent recommendations: 2 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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New Horizon

New Horizon Soft is a global enterprise software company. It produces supply chain planning software suites including Demand Planning, Replenishment Planning/Supply Planning, Inventory Planning, Sales and Operation Planning and Multi-Echelon... Read more

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Recent recommendations: 2 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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QAD DynaSys DSCP

QAD DynaSys DSCP (Demand & Supply Chain Planning) is a cloud web based and integrated end-to-end supply chain planning solution that helps midsize and large enterprises to plan, simulate impacts in real time and optimize their global... Read more

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Recent recommendations: 2 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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SCP 4.0

Jada vendor management inventory and demand planning system is suitable for businesses looking to manage inventory holding costs and track service levels. SCP is offered as a best of breed application that is ideal for both midsize... Read more

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Recent recommendations: 1 recommendations

Platforms: Win
Deployments: On premise
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Oracle SCM Cloud

Oracle SCM Cloud is a cloud-based supply chain management solution that offers distribution, manufacturing, inventory management and fleet management within a suite. The product features product development, which allows users to... Read more

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Recent recommendations: 1 recommendations

Platforms: MacWinLinux
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Blue Ridge

Blue Ridge is a cloud-based supply chain management (SCM) and inventory planning solution for businesses in a variety of industries. Key features include demand forecasting and planning, aggregate forecasting, replenishment optimization,... Read more

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Recent recommendations: 1 recommendations

Platforms: MacWinLinux
Deployments: Cloud
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Slingshot Enterprise Business Suite

Slingshot Enterprise Business Suite is a cloud-based enterprise resource planning (ERP) solution for midsize to large businesses. The software offers an integrated suite including procurement and order fulfillment, inventory management,... Read more

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Recent recommendations: 1 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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ViewPoint Logistics

ViewPoint Logistics is an on-premise third-party logistics (3PL) solution that helps businesses to manage various activities of the supply chain process such as storage, handling and distribution of materials. ViewPoint Logistics... Read more

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Recent recommendations: 1 recommendations

Platforms: MacWinLinux
Deployments: CloudOn premise
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Kinaxis RapidResponse

Delivered as a set of configurable applications, Kinaxis RapidResponse is a supply chain management solution that helps large enterprises with planning. RapidResponse offers organizations the supply chain planning and analytics capabilities... Read more

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Buyers guide


Last Updated: July 1, 2020

Demand planning and forecasting software is used across industries by businesses of all sizes. The market for this software is continuously growing, and demand planning technology continues to evolve. Some vendors offer a complete supply chain planning suite with features such as inventory and replenishment planning, while others offer demand planning as an add-on or standalone feature.

This buyer’s guide aims to help you understand the features and functionality of demand planning and forecasting software in order to help you during the software selection process.

Here's what we'll cover:

What Is Demand Planning and Forecasting Software?
Common Features of Demand Planning and Forecasting Software
Market Trends to Understand
Benefits of Demand Planning and Forecasting Software
Evaluating Demand Planning and Forecasting Software

What Is Demand Planning and Forecasting Software?

Demand planning software allows organizations to minimize waste by tracking trends that will affect future demand. This type of system accomplishes the task by improving forecasting governance in order to eliminate errors or biases in the data and also by reducing data latency, which makes real-time demand planning possible.

In addition to procurement software and strategic sourcing software, demand planning systems are an important, cost-cutting element of supply chain management software.

Common Features of Demand Planning and Forecasting Software

Organizations can achieve two key objectives with the help of demand planning tools: an improvement in demand forecast accuracy and greater control over demand shaping.

Historical analysis Cross-functional or multi-dimensional forecasting processes analyze the historical demand for an individual product along with broader macro- and micro-economic trends to deliver an accurate forecast to supply chain executives.
Data separation The software gathers a wide range of data to improve past and future demand analysis. Filtering and separation occurs by product, customer, season and market information.
Demand shaping capacity The software factors in scheduling data related to promotions, advertising, planned product launches and upcoming competitor activity, accumulating and displaying detailed plans for future marketing campaigns as well as the projected effects on awareness, demand and revenue that will accompany them.
“What-if” analysis With all the information in the system, the software can perform a series of scenarios and simulations based on “what-if” factors. Based on the results of these what-if simulations, potential deviations from planned demand can be communicated to the necessary areas of the supply chain in order to adjust shipments or production.
Supply chain communication Demand planning systems communicates with other elements of the SCM system to renegotiate replenishment scheduling through capacity planning. This prevents unnecessary oversupply and cost inefficiencies by reducing inventory carrying costs and excess inventory write-offs.

Market Trends to Understand

Software as a service (SaaS). Many businesses are now opting for cloud-based systems that are hosted by the vendor and enable users to run the software entirely via web browser. Vendors that provide cloud-based demand planning and forecasting software include Fishbowl, SAP, S2K and Infor.

Digital monitoring. With the increasing globalization of the supply chain, companies face challenges such as delays, longer delivery times, degraded quality and higher costs. To tackle these challenges and maintain visibility and connectivity across the entire supply chain, many demand planning and forecasting software solutions offer a digital monitoring feature that provides real-time updates.

Artificial intelligence. The supply chain for global companies is complex and constantly evolving, which means it is susceptible to errors that can cost millions, if not billions of dollars. To combat this, some vendors are introducing features that are capable of finding and correcting both historic and live supply chain data. For example, vendor Rulex introduced an AI software solution in September 2016 that can automatically detect and correct errors in supply chain data.

Increased demand for third party integrations. Rather than having to purchase an entirely new system that covers every aspect of business operations, many buyers now seek solutions that allow them to easily import data, such as procurement, sales and operations, from their pre-existing software into the new solution without requiring extra manual effort.

Analytics. Demand planning and forecasting software vendors use different predictive models to improve the accuracy of demand forecasts. As a result, business intelligence software vendors with predictive analytics capabilities have started offering demand planning and forecasting software for supply chain application. For example, Qlik and Board BI have expanded their product offerings for the demand planning software market.

Benefits of Demand Planning and Forecasting Software

Demand planning and forecasting software can yield many benefits for organizations. These benefits include (but are not limited to):

Increased efficiency. A demand planning and forecasting solution helps increase the efficiency of a company’s supply chain and operations, improve capacity and manage inventory levels. These tools can also generate a demand plan based on historical data and predict future demand.

Improved collaboration. A demand planning system can help improve communication between a company’s supply chain and other areas of operations, including sales, marketing and finance. This can lead to the creation of action plans for different scenarios to enhance overall productivity.

Cost control. Demand forecasts reduce costs by preparing effective inventory-stocking plans. This feature prevents inventory overstocking while focusing on high-profit inventory items.

Trend analysis. In addition to controlling costs, trend analysis features can generate forecasts by capturing historical data and combining it with data related to seasonal variation and promotions. These forecasts can help prevent sales loss due to lack of inventory.

Evaluating Demand Planning and Forecasting Software

Evaluating demand planning and forecasting software requires an assessment of the functionality and its value to the planning process. It also requires an understanding of the efficiency, accuracy, and relevance of the data that is provided, since that data is key to the effectiveness of the system.

Key considerations when selecting demand planning software include:

  • What data does it collect and interpret?
  • How often is the data collected?
  • Will it be used by itself, or in conjunction with supply chain planning or a comprehensive SCM system? Is it compatible with legacy systems?