Avercast LLC

  It’s hard to know what will happen next, but it's important for the supply chain. Demand planning and forecasting is an integral part of any supply chain. A look into the future helps you figure out how well a product is doing, how retailers respond, and more. But in order to get an accurate forecast, you’ll need software to help. For a smooth supply chain, businesses use demand forecasting software. If your organization is considering forecasting software, this blog is for you. We’ll look at the benefits of  demand forecasting  and the different functions of demand forecasting.   Importance of Demand Forecasting in Business Accurate demand forecasting helps to improve many commercial processes. When you can anticipate consumer demand, it enhances every step of the manufacturing and shipping process. With enough planning, you can eliminate potential bottlenecks in the supply chain. Forecasts lessen your dependence on speculative assumptions and allow you to ov...