---
title: "Best Demand Planning Software - 2026 Reviews & Pricing"
description: "Find the best Demand Planning & Forecasting Software for your organization. Compare top Demand Planning & Forecasting Software systems with customer reviews, pricing, and free demos."
source_url: "https://www.softwareadvice.com/scm/demand-planning-software-comparison/"
page_type: "subcategory"
language: "en"
---

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Demand Planning Software

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

# Best Demand Planning Software of 2026

Updated August 4, 2026

On this page

1.  Popular Comparisons
2.  Buyers Guide
3.  Related Software

Filter products

124 results

### Compare Products

Showing 1 - 25 of 124 products

#### Company Size

-   Self-Employed
    
-   2-10
    
-   11-50
    
-   51-200
    
-   201-500
    
-   501-1000
    
-   1000+
    

#### Pricing Options

-   $$$$$
    
-   $$$$$
    
-   $$$$$
    
-   $$$$$
    
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### Compare Products

Sort by

**Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals.  
  
**Reviews**: Sorts listings by the number of user reviews we have published, greatest to least.  
  
**Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest.  
  
**Alphabetically (A-Z)**: Sorts listings by product name from A to Z.

### Product: AWS Supply Chain

[AWS Supply Chain](https://www.softwareadvice.com/product/521690-AWS-Supply-Chain/)

5.0

[(1)](https://www.softwareadvice.com/product/521690-AWS-Supply-Chain/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

AWS Supply Chain is a cloud-based application designed for supply chain management. It unifies data and provides machine learning-powered insights. The application helps businesses manage overstock and stock-out risks while reducing excess inventory costs. It offers visibility across the supply chain without requiring replatforming or long-term commitments. The application features a unified data lake that consolidates various supply chain and inventory data into cohesive information. It includes tools for risk mitigation in overstock and stock-out scenarios, as well as machine learning-powered recommendations for supply and demand planning. N-Tier Visibility provides comprehensive supply chain transparency. Users can review recommended actions to address potential inventory risks and make informed decisions. AWS Supply Chain enables secure collaboration with partners on supply plans and order commitments to identify and mitigate material or component shortages. Integration with Amazon Q allows users to receive intelligent answers to supply chain questions and visualize outcomes of complex scenarios. The application also includes sustainability data collection and management capabilities to support organizations in meeting environmental goals and reporting requirements.... [Read more](https://www.softwareadvice.com/product/521690-AWS-Supply-Chain/)

### Best rated features:

Framework Management

4.0

Auditing

4.0

Reporting/Analytics

4.0

Multi-Channel Data Collection

4.0

### Worst rated features:

KPI Monitoring

4.0

Scenario Planning

4.0

Multi-Channel Data Collection

4.0

Reporting/Analytics

4.0

[See all features](https://www.softwareadvice.com/product/521690-AWS-Supply-Chain/#key-features)

### AWS Supply Chain Data Lake Storage

$0.28/month

### AWS Supply Chain Insights

$0.40/month

### AWS Supply Chain Demand Planning

$0.30/month

[See full pricing details](https://www.softwareadvice.com/product/521690-AWS-Supply-Chain/#pricing-and-plans)

### Product: Logility Platform

[Logility Platform](https://www.softwareadvice.com/scm/logility-voyager-profile/)

4.59

[(70)](https://www.softwareadvice.com/scm/logility-voyager-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform the supply chain from a cost center to an engine for growth.... [Read more](https://www.softwareadvice.com/scm/logility-voyager-profile/)

### Best rated features:

API

5.0

Vendor Management

5.0

Audit Management

5.0

Inventory Tracking

4.8

### Worst rated features:

Multi-Channel Management

4.0

Product Identification

4.0

IoT Integration

4.0

Search/Filter

4.0

[See all features](https://www.softwareadvice.com/scm/logility-voyager-profile/#key-features)

### Product: Tecsys Elite

[Tecsys Elite](https://www.softwareadvice.com/inventory-management/eliteseries-profile/)

3.75

[(10)](https://www.softwareadvice.com/inventory-management/eliteseries-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Tecsys’ Elite™ provides a series of cloud-based supply chain management solutions suitable for midsize to large distribution companies. The company currently services a wide range of verticals such as healthcare, service parts, heavy equipment, industrial goods, giftware, and third-party logistics. Visual cues enable users to perform their tasks accurately, and, when combined with voice technology, facilitate hands-free warehouse operations. The solutions help organizations track the status of their customers’ orders, service levels, product satisfaction, and profit margins. Modern mobile technology is used together with the software for optimizing warehouse management operations with real-time visual content and information. The Elite™ Distribution ERP includes demand planning and forecasting, procurement, procure-to-pay, order-to-cash, inventory management, and financial and performance tracking. Users can capture real-time historical demand and automate generation requisitions based on preconfigured supply source. Organizations can also track vendor performance and manage promotions. With Elite™, users are able to automate suggested replenishment orders and create purchase and transfer orders, as well as vendor invoices. Inventory management features include product portfolios, mobile asset tracking, warranty and damaged inventory tracking, warehouse transfers, and more. Tecsys’ Elite™ Warehouse Management is a visionary, scalable and adaptable solution that addresses the complexity and economic challenges of supply chain operations in various industries. The solution allows distributors and 3PLs to eliminate inefficiencies, improve order accuracy, reduce operating costs and attain high levels of service. It offers a robust and flexible rule engine with core WMS capabilities for the growing distributor, as well as extended WMS capabilities for larger and more complex warehouse operations. The easily integrated, configurable solution has landed this solution on Gartner’s Magic Quadrant for warehouse management systems for the last eleven consecutive reports. An executive dashboard with embedded Warehousing Education and Research Council’s metrics helps users track and manage warehouse performance against competitors. The system also offers embedded transportation management, and extended supply chain execution capabilities like distribution management, delivery management and business intelligence and analytics. Tecsys offers customer support via phone, email and web portals.... [Read more](https://www.softwareadvice.com/inventory-management/eliteseries-profile/)

### Best rated features:

Mobile Access

5.0

Delivery Tracking

5.0

Inventory Management

4.5

Proof of Delivery

4.0

### Worst rated features:

Inventory Tracking

4.0

Dispatch Management

4.0

Order Management

4.0

Inventory Control

4.0

[See all features](https://www.softwareadvice.com/inventory-management/eliteseries-profile/#key-features)

### Product: Algo

[Algo](https://www.softwareadvice.com/scm/algo-profile/)

4.71

[(7)](https://www.softwareadvice.com/scm/algo-profile/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Algo is an AI-powered demand planning platform designed for modern retailers and consumer brands. It integrates demand forecasting, inventory optimization, sales and operations planning, and pricing strategies into a unified system. By leveraging real-time data and AI-driven insights, Algo enables businesses to respond swiftly to market changes, reduce stockouts, and improve profitability. Key Features: - AI-Driven Forecasting: Utilizes machine learning to analyze historical data and market trends for accurate demand predictions. - Inventory Optimization: Provides real-time visibility into stock levels, helping to minimize holding costs and prevent overstocking. - Sales & Operations Planning: Facilitates cross-functional collaboration to align supply and demand, enhancing decision-making processes. - Price Planning: Offers dynamic pricing tools to evaluate the impact of pricing strategies on revenue and margins. - Generative Business Intelligence (GenBI): Transforms complex data into actionable insights through natural language queries and real-time recommendations. algo.com Why Choose Algo: - Rapid Implementation: Go live in 16 weeks with a streamlined setup process. - All-Inclusive Service: No third-party integrators or hidden costs; Algo provides end-to-end support. - Transparent AI: Gain full visibility into AI-driven decisions, ensuring trust and control over forecasting outputs. Algo is trusted by leading retailers and consumer brands to transform their supply chain operations, delivering measurable results and a competitive edge in today's dynamic market.... [Read more](https://www.softwareadvice.com/scm/algo-profile/)

### Best rated features:

Inventory Replenishment

5.0

Third-Party Integrations

5.0

Generative AI

5.0

Vendor Managed Inventory

5.0

### Worst rated features:

Predictive Analytics

3.0

Activity Dashboard

3.0

Multi-Channel Management

3.5

Order Fulfillment

4.0

[See all features](https://www.softwareadvice.com/scm/algo-profile/#key-features)

### Product: Firstshift

[Firstshift](https://www.softwareadvice.com/product/520079-Firstshift/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Firstshift is an AI-powered platform designed for demand and supply chain planning. It supports enterprises in improving operations through advanced forecasting and planning tools. The platform is used across industries such as consumer goods, food and beverages, manufacturing, life sciences, apparel, fashion, footwear, and distribution. It is suitable for organizations of various sizes aiming to enhance supply chain decision-making and minimize operational risks. The platform includes AI-driven demand forecasting and sensing capabilities to generate accurate forecasts across product lines. It features a Generative AI-powered tool called Forecast Agent, which offers diagnostics and decision support. Other functionalities include inventory and replenishment planning, supply planning, sales and operations planning, integrated business planning, and supply chain planning. Firstshift processes data from multiple sources to provide insights that streamline planning and optimize resource allocation. It is designed to address specific supply chain challenges across different industries.... [Read more](https://www.softwareadvice.com/product/520079-Firstshift/)

### Product: StockIQ

[StockIQ](https://www.softwareadvice.com/scm/stockiq-profile/)

4.86

[(44)](https://www.softwareadvice.com/scm/stockiq-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

StockIQ is a supply chain management (SCM) suite for distributors and manufacturers of all sizes. The solution is available in cloud-based or on-premise deployments. Key features include supply chain planning, demand planning, supplier management, and procurement. StockIQ offers a proprietary demand forecasting algorithm that enables users to generate forecasts for individual customers or channels. The purchasing module allows users to create purchase orders, transfer orders, and work orders. StockIQ can automatically adjust for real-world factors like order cycle intervals, holidays, and delivery schedules from suppliers. StockIQ's supplier management module is able to generate lead times calculated from actual receipt history, instead of simple fixed numbers or averages. The promotion management module tracks the performance of all sales and promotions. Inventory management can identify excess, define service level targets, monitor inventory turns, handle backorders, generate expiration forecasts, and track new item performance.... [Read more](https://www.softwareadvice.com/scm/stockiq-profile/)

### Best rated features:

Inventory Optimization

5.0

Performance Metrics

5.0

Inventory Auditing

5.0

Supplier Management

5.0

### Worst rated features:

Sales & Operations Planning

2.0

[See all features](https://www.softwareadvice.com/scm/stockiq-profile/#key-features)

### Product: Atlas Planning

[Atlas Planning](https://www.softwareadvice.com/scm/atlas-planning-suite-profile/)

4.89

[(35)](https://www.softwareadvice.com/scm/atlas-planning-suite-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

John Galt's Atlas Planning Platform revolutionizes your ability to make smart, practical supply chain decisions with confidence. It’s a single, AI-driven SaaS solution that can span your entire supply chain but begins wherever you want—from strategic demand planning to accurate forecasting, collaborative S&OP, inventory right-sizing, and beyond. No matter how complex your multi-enterprise network is, Atlas can put you in charge of it. Innovative AI? Advanced AI and machine learning techniques are at the core of Atlas’s best-in-class demand and supply optimizations and insights. We integrate structured and unstructured data sources, including ERP, IoT, market, and causal factors to produce the best possible planning decisions. Applied Expertise? Deep domain expertise powers the Atlas Planning Platform—and empowers you at every step of your supply chain journey. Our active listening, thoughtful collaboration and passion for supply chain excellence ensure a well-targeted implementation that delivers the best solution and processes for your unique transformation. Flexible Focus? Right “out of the box” the Atlas Planning Platform delivers outstanding, tangible improvements across your end-to-end supply chain. But we’ve also crafted a versatile platform that is easily tuned, so you can quickly make your solution flex and respond to your specific business needs. Socialization? Atlas aligns your business and trading partners by granting them the perfect degree of real-time visibility across your multi-enterprise network. Awareness, accountability, and enlightened collaboration soar, both inside and outside your company. Solid Sustainability? Our platform encompasses the full spectrum of real-world supply chain metrics, so you can measure and manage against the key factors that matter most to you. Make reliable long-term manufacturing and distribution decisions guaranteed to optimize CO2 emissions, waste, and more.... [Read more](https://www.softwareadvice.com/scm/atlas-planning-suite-profile/)

### Best rated features:

Purchase Order Management

5.0

Bills of Material

5.0

Inventory Management

4.8

Strategic Planning

4.7

### Worst rated features:

API

4.0

[See all features](https://www.softwareadvice.com/scm/atlas-planning-suite-profile/#key-features)

### Product: APEX

[APEX](https://www.softwareadvice.com/scm/leandna-profile/)

4.87

[(31)](https://www.softwareadvice.com/scm/leandna-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

APEX by LeanDNA is the factory-focused platform for AI-powered expert execution to establish command of supply planning and materials management. It powers optimized decisions and operations through materials visibility, predictive insights, supplier collaboration, and recommended actions. APEX synchronizes people, materials, and sites with data centralization, AI, and machine learning to analyze supply conditions, predict risks, connect across suppliers, and outline the best actions to protect and optimize production. With core capabilities spanning data visibility and AI, supply insights, procurement management, and inventory optimization, APEX transforms fragmented data into supply chain intelligence that drives confident, precise execution. Teams eliminate operational guesswork, respond faster to disruption, and improve performance with smarter prioritization and optimized supply strategies.... [Read more](https://www.softwareadvice.com/scm/leandna-profile/)

### Best rated features:

Data Visualization

5.0

Data Analysis Tools

5.0

Collaboration Tools

5.0

Product Identification

5.0

### Worst rated features:

Audit Trail

3.5

Third-Party Integrations

3.8

Real-Time Data

3.9

Requisition Management

4.0

[See all features](https://www.softwareadvice.com/scm/leandna-profile/#key-features)

### Product: Netstock

[Netstock](https://www.softwareadvice.com/inventory-management/netstock-profile/)

4.82

[(71)](https://www.softwareadvice.com/inventory-management/netstock-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Netstock is a cloud-based supply and demand planning platform that optimizes inventory management. It forecasts demand, minimizes stock-outs and reduces inventory levels. The tool supports industries such as manufacturing, retail, wholesale and healthcare with tailored solutions. Netstock's features include inventory optimization, forecasting, ordering and supplier performance tracking. The demand and capacity planning modules offer customizable tools for accurate demand prediction and production planning. The tool integrates seamlessly with third-party ERP systems, processing data to generate insights. Its intuitive dashboards offer full visibility into supply and demand, keeping businesses agile and profitable.... [Read more](https://www.softwareadvice.com/inventory-management/netstock-profile/)

### Best rated features:

Reporting & Statistics

5.0

Alerts/Notifications

5.0

eCommerce Management

5.0

Data Visualization

5.0

### Worst rated features:

Customizable Reports

3.7

Purchase Order Management

3.8

[See all features](https://www.softwareadvice.com/inventory-management/netstock-profile/#key-features)

### Product: Ganacos

[Ganacos](https://www.softwareadvice.com/accounting/ganacos-profile/)

4.89

[(19)](https://www.softwareadvice.com/accounting/ganacos-profile/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Ganacos is a cloud-based software designed to help businesses support and manage data-driven decisions. Ganacos is best fitted for companies with a turnover of +€20millions. The platform enables organizations to streamline planning, data analysis and simulation operations via a unified portal. The application includes a combination of spreadsheets, planning and business intelligence (BI) tools, which enable users to create and deploy custom models. It automatically triggers computations whenever data is modified, allowing users to view and measure the impact of the change.... [Read more](https://www.softwareadvice.com/accounting/ganacos-profile/)

### Best rated features:

Reporting/Analytics

5.0

Order Management

5.0

Audit Trail

5.0

Dynamic Modeling

5.0

### Worst rated features:

Data Import/Export

3.0

Scorecards

4.0

[See all features](https://www.softwareadvice.com/accounting/ganacos-profile/#key-features)

### Product: QT9 ERP

[QT9 ERP](https://www.softwareadvice.com/accounting/qt9erp-profile/)

4.89

[(19)](https://www.softwareadvice.com/accounting/qt9erp-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

QT9 ERP is a highly-scalable manufacturing platform for connecting and automating business data from multiple systems into one scalable and intuitive solution. QT9 ERP integrates inventory management, accounting management, sales management, purchasing, bill of materials, shop floor management and quality management into one centralized place. Whether you are creating purchase orders from MRP planning, scheduling jobs to the shop floor manager or receiving inventory from PO inspection, QT9 ERP's automation tools make it easy to boost productivity, embrace technology and unlock insights. With true multi-site capability, QT9 ERP can be the umbrella that keeps your organization centralized. QT9 ERP includes barcoding, email reminders and material requirements planning (MRP) that enable users to automate manufacturing, quoting, invoicing and shipping processes. Share data across multiple sites and track inventory with lot & serial number traceability built-in. Every module is included. No hidden costs. No expensive/on-going customizations or slow implementations. Whether you use QT9 ERP Accounting or QT9’s integration with QuickBooks and Sage 50, you will have a seamless accounting package that bolts directly into your ERP operations.QT9 offers flexible training options that include online tutorials, training videos and implementation specialists. Get started in minutes with our user-friendly, web-based platform today.... [Read more](https://www.softwareadvice.com/accounting/qt9erp-profile/)

### Best rated features:

Point of Sale (POS)

5.0

Product Data Management

5.0

Inventory Management

5.0

Manufacturing Planning

5.0

[See all features](https://www.softwareadvice.com/accounting/qt9erp-profile/#key-features)

### Basic

$20,000.00

[See full pricing details](https://www.softwareadvice.com/accounting/qt9erp-profile/#pricing-and-plans)

### Product: Inventory Planner

[Inventory Planner](https://www.softwareadvice.com/ecommerce/inventory-planner-profile/)

4.63

[(73)](https://www.softwareadvice.com/ecommerce/inventory-planner-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Inventory Planner is a software solution that helps businesses manage and plan their inventory to minimize overstocking or out-of-stock issues. It is deployed as a web application and is compatible with any device. The software caters to businesses in the eCommerce industry, and serves all sizes of warehouses. The main functionalities of Inventory Planner include demand forecasting, returns tracking, supplier management, load optimization, automated alerts and purchase order management. Managers can monitor key performance indicators (KPIs) using various reports related to assortment, overstock, sales performance and more.... [Read more](https://www.softwareadvice.com/ecommerce/inventory-planner-profile/)

### Best rated features:

Shopping Cart

5.0

"What If" Scenarios

5.0

Multi-Store

5.0

API

5.0

[See all features](https://www.softwareadvice.com/ecommerce/inventory-planner-profile/#key-features)

### Product: Blue Ridge Platform

[Blue Ridge Platform](https://www.softwareadvice.com/scm/blue-ridge-profile/)

4.88

[(16)](https://www.softwareadvice.com/scm/blue-ridge-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Blue Ridge designed smarter software for demand planning, replenishment, and inventory optimization that achieves positive ROI in 90 days guaranteed. With a simple, scalable, and powerful supply chain management solution you can break free from spreadsheets or inadequate ERP planning modules and leverage a data-driven, AI-powered supply chain planning engine backed by world-class support. Start managing forecasts by exceptions and increase productivity by accessing a simple, easy to use solution that delivers the right blend of science and decision-making expertise. It’s time to manage your greatest asset (your inventory) with proven science – not guesses and safety stock. Intelligent demand planning, replenishment and integrated business planning (S&OP) that redefines inventory requirements to create accurate demand and supply forecasts is now at your fingertips.... [Read more](https://www.softwareadvice.com/scm/blue-ridge-profile/)

### Best rated features:

Inventory Replenishment

5.0

Sales & Operations Planning

5.0

Inventory Management

4.9

Inventory Optimization

4.8

[See all features](https://www.softwareadvice.com/scm/blue-ridge-profile/#key-features)

### Product: StockTrim

[StockTrim](https://www.softwareadvice.com/manufacturing/stocktrim-profile/)

4.86

[(14)](https://www.softwareadvice.com/manufacturing/stocktrim-profile/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

StockTrim is a cloud-based solution designed to help small to midsize businesses in eCommerce, retail, manufacturing, wholesale, and distribution manage demand forecasting and inventory planning operations. It includes a machine learning (AI) algorithm that continually learns and re-adjusts demand models in real time. Key Features include: - Intuitive order plan - Detailed demand analysis - Manufacturing features - Variable lead times - Multiple locations - Ability to forecast new products - Purchase order automation - Forecast by customer... [Read more](https://www.softwareadvice.com/manufacturing/stocktrim-profile/)

### Best rated features:

Retail Inventory Management

5.0

Inventory Tracking

5.0

Predictive Analytics

5.0

SKU/UPC Codes

5.0

### Worst rated features:

Alerts/Notifications

4.0

Mobile Access

4.0

[See all features](https://www.softwareadvice.com/manufacturing/stocktrim-profile/#key-features)

### Starter - Monthly Plan

$199.00/month

1 - 100 SKU's 1 User

### Starter - Annual Plan

$1,188.00/year

1-100 SKU's Paid Annually up Front

[See full pricing details](https://www.softwareadvice.com/manufacturing/stocktrim-profile/#pricing-and-plans)

### Product: OpsVeda

[OpsVeda](https://www.softwareadvice.com/bi/opsveda-profile/)

4.69

[(26)](https://www.softwareadvice.com/bi/opsveda-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

OpsVeda is a platform that provides operations intelligence to enable businesses to make smarter operations decisions based on real-time information from the cloud and on-premise. OpsVeda brings together all data streams generated by assets, mobile devices and applications within the context of user activity to deliver comprehensive operations intelligence along with defined business outcomes.... [Read more](https://www.softwareadvice.com/bi/opsveda-profile/)

### Best rated features:

Demand Forecasting

5.0

Activity Tracking

5.0

Workflow Management

5.0

Data Discovery

5.0

### Worst rated features:

Data Mapping

4.0

Data Capture and Transfer

4.0

[See all features](https://www.softwareadvice.com/bi/opsveda-profile/#key-features)

### Basic

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/bi/opsveda-profile/#pricing-and-plans)

### Product: Arete Prevail

[Arete Prevail](https://www.softwareadvice.com/sales-forecasting/arete-inc-profile/)

4.82

[(11)](https://www.softwareadvice.com/sales-forecasting/arete-inc-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Arete Prevail is a web-based integrated demand planning solution used to create and manage accurate sales forecasts. Prevail ensures the development of detailed forecasts that roll up to accurate operational forecasts which can be leveraged within a replenishment planning system.... [Read more](https://www.softwareadvice.com/sales-forecasting/arete-inc-profile/)

### Best rated features:

Demand Forecasting

4.7

Data Visualization

4.7

Data Import/Export

4.5

Forecasting

4.5

### Worst rated features:

Promotions Management

2.0

Opportunity Management

2.5

Exception Reporting

3.0

Alerts/Notifications

3.0

[See all features](https://www.softwareadvice.com/sales-forecasting/arete-inc-profile/#key-features)

### Product: GMDH Streamline

[GMDH Streamline](https://www.softwareadvice.com/sales-forecasting/gmdh-streamline-profile/)

4.82

[(11)](https://www.softwareadvice.com/sales-forecasting/gmdh-streamline-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Available

Software Advice Summary

GMDH Streamline is a supply chain management solution that helps distributors, manufacturers and retailers handle processes for demand forecasting and inventory replenishment planning. It enables enterprises to automatically generate statistical forecasts using data based on sales activities and product shortages. It provides a forecast approval workflow, which allows supervisors to grant statuses including approved, unapproved or needs attention to all stock keeping units (SKUs). GMDH Streamline lets teams manually re-evaluate and modify forecast reports based on additional information provided by vendors or suppliers. Additionally, supervisors can import data for sales history and inventory from the database and create replenishment order forecasts in real-time. GMDH Streamline comes with an application programming interface (API), which facilitates integration with several third-party platforms, such as Microsoft Excel, Quickbooks, Unleashed, Spire and more. Pricing is available on request and support is extended via phone, email and other online measures.... [Read more](https://www.softwareadvice.com/sales-forecasting/gmdh-streamline-profile/)

### Basic

Custom

Pricing available upon request

[See full pricing details](https://www.softwareadvice.com/sales-forecasting/gmdh-streamline-profile/#pricing-and-plans)

### Product: SCP 4.0

[SCP 4.0](https://www.softwareadvice.com/manufacturing/scp-jada-systems-profile/)

4.83

[(9)](https://www.softwareadvice.com/manufacturing/scp-jada-systems-profile/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

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 and large companies. SCP includes material requirements planning (MRP) and a long list of helpful reporting tools. The solution integrates with other supply chain and ERP software suites to complement pre-existing systems. Jada SCP supports multi-tier models that help businesses to manage multiple locations like distribution centers, warehouse, point-of-sale or combination of above stores through a single screen. With multi-level billing, businesses can generate a top-down plan for materials. The solution offers customizable color-coded reports for generating and reporting various supply chain activities. Reports can be exported into Excel, PDF, ASCII, HTML and other formats. Both in-house and online training is provided.... [Read more](https://www.softwareadvice.com/manufacturing/scp-jada-systems-profile/)

### Best rated features:

Inventory Management

5.0

Inventory Optimization

5.0

Order Management

5.0

Reorder Management

5.0

### Worst rated features:

Search/Filter

4.0

Product Identification

4.0

[See all features](https://www.softwareadvice.com/manufacturing/scp-jada-systems-profile/#key-features)

### Basic

$35,500.00

[See full pricing details](https://www.softwareadvice.com/manufacturing/scp-jada-systems-profile/#pricing-and-plans)

### Product: Smart IP&O

[Smart IP&O](https://www.softwareadvice.com/product/45425-Smart-IP-O/)

4.73

[(11)](https://www.softwareadvice.com/product/45425-Smart-IP-O/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Smart IP&O is a cloud-based and on-premise solution that lets businesses manage processes related to inventory planning, demand forecasting, supply chain management, and more. Hosted on the Amazon Web Services (AWS) platform, it lets users secure information transfers and manage documents in centralized storage. Smart IP&O helps businesses identify over/understocked inventory levels, modify item planning parameters based on budgets or targets and decide policies through consensus among stakeholders. Professionals can measure operational performance, calculate expenditures and gain visibility into inventory classification and segmentation metrics. Additionally, it allows users to capture market trends, detect outliers and forecast product demand. Smart IP&O integrates with various third-party systems such as Oracle ERP, Kinetic, P21, SAP, Infor, Great Plains and more. The solution is available on monthly subscriptions and support is extended via phone, email and other online measures.... [Read more](https://www.softwareadvice.com/product/45425-Smart-IP-O/)

### Best rated features:

Supply Chain Management

5.0

KPI Monitoring

5.0

Production Scheduling

5.0

Data Visualization

5.0

### Worst rated features:

Order Management

3.0

[See all features](https://www.softwareadvice.com/product/45425-Smart-IP-O/#key-features)

### Product: Pyplan

[Pyplan](https://www.softwareadvice.com/accounting/pyplan-profile/)

4.83

[(6)](https://www.softwareadvice.com/accounting/pyplan-profile/)

### Pricing availability

Free trial: Available

Free version: Available

Software Advice Summary

Pyplan, as an advanced Planning and Analysis platform, possesses the adaptability to cater to personalized planning methodologies while also exhibiting the capability to effectively govern an entire organization. By seamlessly merging Sales, Operations, HR, and Finance into a cohesive environment, it fosters a comprehensive perspective and streamlines decision-making processes, thereby saving valuable time. Seamlessly establish connections with and automate a wide range of data sources, enabling real-time data processing, scenario planning, and simulation. Additionally, effortlessly generate and distribute interactive applications for enhanced collaboration and sharing.... [Read more](https://www.softwareadvice.com/accounting/pyplan-profile/)

### Best rated features:

Business Process Automation

5.0

Business Process Control

5.0

Access Controls/Permissions

4.8

Reporting/Analytics

4.8

### Worst rated features:

Process Modeling & Designing

4.0

[See all features](https://www.softwareadvice.com/accounting/pyplan-profile/#key-features)

### Basic

$75.00/year

[See full pricing details](https://www.softwareadvice.com/accounting/pyplan-profile/#pricing-and-plans)

### Product: New Horizon

[New Horizon](https://www.softwareadvice.com/scm/new-horizon-profile/)

5.0

[(4)](https://www.softwareadvice.com/scm/new-horizon-profile/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

New Horizon Soft, LLC is a rapidly growing provider of AI-powered supply chain planning software that enables manufacturers, wholesalers, and retailers to improve forecast accuracy and service levels while reducing inventories and costs. We help planners make better decisions with solutions emphasizing ease of use, rapid implementation time, and low total cost of ownership. Applications include Demand Planning, Supply Planning, Buyers Workbench, Production Planning, Replenishment Planning, Multi-Echelon Inventory Optimization, Sales and Operations Planning, and Strategic Planning. New Horizon is headquartered outside of Boston and has customers in North America, Europe, and Asia. New Horizon – The AI Planning Suite. Visit us at www.newhorizon.ai... [Read more](https://www.softwareadvice.com/scm/new-horizon-profile/)

### Best rated features:

Strategic Planning

5.0

Bills of Material

5.0

Purchase Order Management

5.0

Demand Forecasting

5.0

### Worst rated features:

Inventory Optimization

4.0

[See all features](https://www.softwareadvice.com/scm/new-horizon-profile/#key-features)

### Product: Willow Commerce

[Willow Commerce](https://www.softwareadvice.com/erp/gbcommerce-ecommerce-profile/)

4.50

[(10)](https://www.softwareadvice.com/erp/gbcommerce-ecommerce-profile/reviews/)

### Pricing availability

Free trial: Available

Free version: Not available

Software Advice Summary

Willow Commerce is an AI-powered e-commerce operations platform designed to help businesses manage and scale multichannel selling. It centralizes product listings, inventory, orders, shipping, and warehouse operations into a single system, reducing operational complexity as sales volume and channel count grow. Omnichannel Integration & Product Listing Willow Commerce integrates with over ​80 top marketplaces, allowing businesses to list products across platforms and become omnichannel sellers easily. This synchronization ensures real-time updates, eliminating overselling and stockouts, and broadening product availability. Some key marketplaces we connect to include: Amazon Walmart Target Macy’s Shopify Flip Kohl’s Etsy Wayfair By listing products across these platforms, businesses increase visibility and sales potential. Inventory Management & Demand Planning Willow Commerce centralizes inventory management, ensuring real-time updates across marketplaces. This prevents overselling and ensures stock availability. Businesses can track inventory, forecast demand, and optimize replenishment to reduce costs and stockouts. Advanced demand planning helps businesses make data-driven decisions to maintain optimal inventory levels and improve overall supply chain efficiency. Automated Order Management Our automated order management system consolidates orders from multiple marketplaces into a single platform for streamlined fulfillment. Orders are automatically imported and processed, reducing manual errors and delays. Once fulfilled, tracking numbers are sent back to marketplaces for customer updates. This system enhances accuracy, expedites order processing, and improves customer satisfaction. Advanced Warehouse Management Willow Commerce’s Warehouse Management System (WMS) tracks inventory in real time, automates picking, packing, and shipping, and integrates with fulfillment partners. By routing orders to the nearest warehouse, we enable faster deliveries and reduced costs. Our WMS optimizes space, enhances picking accuracy, and handles high order volumes efficiently. Shipping Optimization & Cost Savings Willow Commerce saves businesses money by comparing shipping rates across multiple carriers, offering discounted options. Automated label creation ensures quick and accurate order fulfillment. Businesses can save up to 10% on shipping costs per order, improving margins and boosting profitability. Data-Driven Insights & Scalability Willow Commerce provides actionable insights to optimize operations. Businesses can track sales trends, inventory levels, and customer data to make more informed decisions.​ The platform scales with your growth, whether you expand product offerings or reach new marketplaces. Security & Compliance We prioritize security and compliance. Willow Commerce is built with advanced security measures to protect sensitive data and ensure smooth, reliable transactions. Businesses can confidently operate while adhering to industry standards. Willow Commerce simplifies the complexities of e-commerce by offering solutions for inventory management, order fulfillment, shipping, and omnichannel sales. With integrations to major marketplaces like Amazon, Walmart, Target, Macy’s, Shopify, Flip, Kohl’s, Etsy, Wayfair, and Faire, we help businesses expand reach, increase sales, and reduce operational costs. With Willow Commerce’s powerful automation, real-time data, and cost-saving tools, businesses can focus on growth while we handle the complexities of e-commerce operations.... [Read more](https://www.softwareadvice.com/erp/gbcommerce-ecommerce-profile/)

### Best rated features:

Real-Time Updates

5.0

Shipping Management

5.0

Order Tracking

5.0

Order Fulfillment

5.0

### Worst rated features:

Search/Filter

4.0

[See all features](https://www.softwareadvice.com/erp/gbcommerce-ecommerce-profile/#key-features)

### Free Trial

Custom

Pricing available upon request

15-day Free Trial

### Starter

$499.00/month

Under 2,000 orders/month

### Growth

$999.00/month

2,000 – 4,999 orders/month

[See full pricing details](https://www.softwareadvice.com/erp/gbcommerce-ecommerce-profile/#pricing-and-plans)

### Product: Maestro

[Maestro](https://www.softwareadvice.com/scm/kinaxis-rapidresponse-profile/)

4.54

[(26)](https://www.softwareadvice.com/scm/kinaxis-rapidresponse-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Delivered as a set of configurable applications, Kinaxis RapidResponse is a supply chain management solution that helps large enterprises and logistics service providers with planning and execution. Kinaxis offers organizations the supply chain planning, execution, and analytics capabilities they need to manage multiple interconnected supply chain planning and execution processes. Kinaxis connects data, processes, and people in a single environment to assist with operational and financial performance. Kinaxis is used by shippers and logistics service providers (LSPs), as well as organizations across a range of industries, including aerospace and defense, automotive, industrial, high-tech (consumer electronics and semiconductors), life sciences and consumer products. Applications include multi-enterprise visibility, order management, transportation management, returns and spare parts management, demand planning, supply planning, inventory management, order fulfillment, capacity planning, master scheduling, S&OP, supplier collaboration, material requirements planning and more. Organizations typically enter into customized subscription agreements with Kinaxis based on the number of end users in the organization and the applications requested. Founded in 1984, Kinaxis is headquartered in Ottawa Canada and has offices in North America, Asia-Pacific and Europe.... [Read more](https://www.softwareadvice.com/scm/kinaxis-rapidresponse-profile/)

### Product: Avercast

[Avercast](https://www.softwareadvice.com/scm/avercast-profile/)

4.56

[(16)](https://www.softwareadvice.com/scm/avercast-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

Avercast Supply Chain Planning by TransImpact is your AI-driven platform to forecast smarter, plan faster, and protect margins in today’s volatile market. Built on decades of supply chain expertise and powered by advanced technology, Avercast unifies your demand, supply, and finance data so you can make faster, more accurate decisions that cut costs and drive growth. With Avercast, you move from guesswork to confidence, ensuring the right product is in the right place at the right time. A housewares company did exactly that, improving forecast accuracy by 30% and cutting $14M in excess inventory while eliminating 7,500 underperforming SKUs. At the heart of Avercast Supply Chain Planning is the most advanced forecasting engine in the industry, with more than 350 algorithms designed to model every type of demand scenario. This lets you replace error-prone spreadsheets with a system that improves forecast accuracy by 15–23%, adds 2–3% to margin, reduces inventory carrying costs by up to 20%, and unlocks 3–5% topline growth through better product availability. The platform covers demand forecasting, supply planning, sales and operations planning, and analytics. With demand forecasting, you generate rapid, AI-powered forecasts with built-in sales forecasting, new product introduction modeling, and promotion and event planning. A global apparel company used these capabilities to reduce inventory carrying costs and boost efficiency, even with a lean team. With supply planning, you optimize safety stock, balance service levels, and release time-phased orders by SKU, vendor, and location to avoid shortages and reduce excess. An industrial parts manufacturer achieved $1.5M in inventory savings by aligning raw material purchases with production needs through smarter supply planning. Sales and operations planning (S&OP) unifies siloed data into one model, giving you role-based dashboards for executives, finance, sales, and operations. Analytics give you visibility into inventory, vendor performance, and margin impacts. One automotive manufacturer managing 13,000+ SKUs used Avercast Supply Chain Planning to improve turnover, cut excess stock, and support long-term growth across its dealer network. Avercast Supply Chain Planning transforms siloed data into one model, so you can reduce overstocks and stockouts, shorten lead times, and respond with agility when demand and supply shift. You gain a unified view of cost-to-serve and working capital, helping you free up cash and improve margins. Move to faster reaction times by leveraging proactive alerts, and overall, more productive planning teams. Experience new levels of agility with scenario planning and visibility into trade-offs across the business. Speed to value is another advantage. Prebuilt models are 80% ready out of the box, so you can go live in less than 12 weeks. You choose Avercast because it delivers proven ROI and measurable results. On average, you see 23% inventory reduction compared to the 7–15% industry norm, plus efficiency gains by eliminating spreadsheet-driven planning. A pet products manufacturer processed over 43,000 records weekly and cut manual work while improving SKU-level accuracy. If you are still using spreadsheets, Avercast Supply Chain Planning gives you the next step—a platform that combines accuracy, automation, and speed with white-glove service.... [Read more](https://www.softwareadvice.com/scm/avercast-profile/)

### Basic

$1,000.00/month

[See full pricing details](https://www.softwareadvice.com/scm/avercast-profile/#pricing-and-plans)

### Product: RELEX

[RELEX](https://www.softwareadvice.com/scm/relex-profile/)

4.58

[(12)](https://www.softwareadvice.com/scm/relex-profile/reviews/)

### Pricing availability

Free trial: Not available

Free version: Not available

Software Advice Summary

RELEX Solutions helps retailers, wholesalers and consumer brands drive profitable growth across all sales and distribution channels by maximizing customer satisfaction and minimizing operative costs. Our market-leading, unified supply chain and retail planning platform helps retailers, wholesalers and consumer goods companies align and optimize demand, merchandising, supply chain, and operations planning across the end-to-end value chain. We drive record-high product availability, increased sales, improved sustainability, and the best return on investment in inventory, space, workforce, and capacity. Leading brands like Dollar Tree, Rite Aid, Lidl, AutoZone, and PetSmart trust RELEX to optimize their supply chain and retail planning.... [Read more](https://www.softwareadvice.com/scm/relex-profile/)

### Best rated features:

Supply Chain Management

4.0

Demand Forecasting

4.0

Inventory Replenishment

3.0

Collaboration Tools

3.0

### Worst rated features:

Data Synchronization

2.0

Inventory Management

3.0

Product Introduction Planning

3.0

Cost Tracking

3.0

[See all features](https://www.softwareadvice.com/scm/relex-profile/#key-features)

1

[2](https://www.softwareadvice.com/scm/demand-planning-software-comparison/?page=2)[3](https://www.softwareadvice.com/scm/demand-planning-software-comparison/?page=3)[4](https://www.softwareadvice.com/scm/demand-planning-software-comparison/?page=4)[5](https://www.softwareadvice.com/scm/demand-planning-software-comparison/?page=5)

## Popular Comparisons

[

Logility Platform vs Atlas Planning

](https://www.softwareadvice.com/scm/atlas-planning-suite-profile/vs/logility-voyager/)[

Cin7 Core vs APEX

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## Send me a copy of this list to my inbox

### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you.

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?](#WhatIsDemandPlanningandForecastingSoftware)

[Common Features of Demand Planning and Forecasting Software](#CommonFeaturesofDemandPlanningandForecastingSoftware)

[Market Trends to Understand](#MarketTrendstoUnderstand)

[Benefits of Demand Planning and Forecasting Software](#BenefitsofDemandPlanningandForecastingSoftware)

[Evaluating Demand Planning and Forecasting Software](#EvaluatingDemandPlanningandForecastingSoftware)

## **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](https://www.softwareadvice.com/scm/procurement-software-comparison/) and [strategic sourcing software](https://www.softwareadvice.com/scm/strategic-sourcing-software-comparison/), demand planning systems are an important, cost-cutting element of [supply chain management software](https://www.softwareadvice.com/scm/).

## **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.

<table data-testid="blogTableComponent" class="mb-6 w-full bg-white  border border-solid border-grey-15  sm:[&amp;_*]:break-normal"><tbody><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Historical analysis</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">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.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Data separation</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">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.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Demand shaping capacity</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">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.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>“What-if” analysis</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">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.</p></td></tr><tr class="border border-solid border-grey-15"><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph"><b>Supply chain communication</b></p></td><td class="min-w-[100px] p-3 [&amp;_p]:mb-0 [&amp;_p]:break-normal"><p class=" mb-4 text-base text-grey-91 first:mt-0 sm:mb-6 sm:text-lg [&amp;_em]:text-grey-60" data-testid="buyers-guide-paragraph">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.</p></td></tr></tbody></table>

## 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?
    

### Related Demand Planning Software

-   [Distribution Software](https://www.softwareadvice.com/category/4730-distribution/)
-   [Forestry Software](https://www.softwareadvice.com/forestry/)
-   [Procurement Software](https://www.softwareadvice.com/scm/procurement-software-comparison/)
-   [Purchasing Software](https://www.softwareadvice.com/scm/purchase-order-comparison/)
-   [Sourcing Software](https://www.softwareadvice.com/scm/strategic-sourcing-software-comparison/)
-   [Spend Management Software](https://www.softwareadvice.com/scm/spend-management-comparison/)
-   [Third Party Logistics (3PL) Software](https://www.softwareadvice.com/scm/third-party-logistics-3pl-software-comparison/)
-   [Vendor Management Software](https://www.softwareadvice.com/scm/vendor-management-system-comparison/)