Demand Planning Software

Get the best demand planning software for your business. Compare product reviews, pricing below. Read our buyer’s guide for more help.

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PSI Planner Screenshot
PSI Planner is a high tech low cost integrated Sales Forecasting, DRP, MRP and Master Production Scheduling system for Windows. The solution integrates easily with all ERP and Accounting systems via either the ASCII flat file or ODBC interfaces adn is a…
Client OS
Web, Windows
Deployment
Cloud Hosted
PlanetTogether Screenshot
PlanetTogether is an advanced planning and schedule platform (APS) for manufacturers to integrate in with their existing ERP software. The software aims to better your supply chain planning through faster delivery, higher efficiency, and accelerated cash…
Price Range
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Starting Price
$250/month/user
Client OS
Web, Windows
Deployment
Cloud Hosted
Avercast Screenshot
Avercast is a forecasting software used by demand planners meant to improve your supply chain performance. Avercast offers over 200 forecasting algorithms and is always up to date with the latest ERP integrations. Avercast has a direct output to excel to…
Price Range
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Starting Price
$1,000/month/user
Client OS
Web, Windows
Deployment
Cloud Hosted
GMDH Streamline Screenshot
GMDH Streamline is a supply chain planning tool designed to cut your inventory and sell more products. GMDH Streamline helps you meet your business goals through demand forecasting, inventory planning, inventory optimization, and material requirements…
Client OS
Windows
Deployment
On-Premises
Bloomy Decision Screenshot
Bloomy Decision is a decision science software platform with algorithms for demand forecasting, pricing optimization, and inventory optimization. The product works as a stand-alone or connects to ERP, TMS or WMS systems for seamless integration of data…
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Starting Price
$30,000/year
Client OS
Web, Windows
Deployment
Cloud or On-Premises
B2Wise Screenshot
B2Wise is a demand driven material requirements planning (DDMRP) compliant Supply Chain Planning application that lets you monitor customer demand in order to adapt planning and production to pull inventory more efficiently. This end-to-end solution will…
Client OS
Deployment
Cloud or On-Premises
Optimity Screenshot
Optimity is a supply chain planning solution that provides your manufacturing/distribution business with clear visibility and control over your supply chain processes. This solution directly addresses the difficulties of increasing costs and competition…
Client OS
Web, Windows
Deployment
Cloud or On-Premises
Atlas Planning Screenshot
Atlas Planning is an end-to-end planning platform for your digital supply chain. Modern supply chains must immediately sense and respond to ever-changing demand patterns and disruptions in the marketplace. For over 20 years, leading companies have…
Client OS
Mac, Web, Windows
Deployment
Cloud Hosted
Intuendi Screenshot
Intuendi.com is a Demand Forecasting and Investment Optimization cloud platform which helps companies to reduce stockouts and excess inventory. The main advantage coming from intuendi.com is a higher return of inventory investments: Intuendi identifies…
Price Range
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Starting Price
$699/month
Client OS
Web
Deployment
Cloud Hosted
DynaSys Screenshot
QAD DynaSys is a cloud demand planning and supply chain planning (DSCP) software providing sales and operations planning (S&OP) improvements for your organization. This is accomplished through distribution requirements planning (DRP), inventory…
Client OS
Windows
Deployment
Cloud Hosted
RapidResponse Screenshot
RapidResponse from Kinaxis is a supply chain planning software that lets you easily monitor and respond to demand and distribution requirements planning (DRP) issues. RapidResponse acts as one platform that provides a variety of supply chain solutions…
Client OS
Web
Deployment
Cloud Hosted
Sales Analysis & Forecasting Tool Screenshot
The forecasting and data analytics software from SAFIO Solutions helps companies optimize inventory and cash flow through improved forecasting. By integrating a client’s vital data into a single comprehensive tool, it creates the vision and efficiency…
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Client OS
Web
Deployment
Cloud Hosted
Blue Ridge Supply Chain Planning Screenshot
Blue Ridge is a cloud native, best of breed, advanced demand planning and inventory replenishment solution built for distribution. The solution allows distributors to maximize the economics of replenishment while achieving corporate service level goals…
Client OS
Web
Deployment
Cloud Hosted
Replenishment+ Screenshot
Based on Demand Driven MRP principles, Replenishment+ from Demand Driven Technologies works with your existing ERP system to align replenishment to true market demand for optimized inventory, improved service levels, and fewer constraints on your cash…
Client OS
Web
Deployment
Cloud Hosted
GEP NEXXE Screenshot
GEP NEXXE is the next-generation, AI-powered platform for transforming supply management capabilities within complex global companies. GEP NEXXE is an end to end, cloud-native, supply planning, management, and execution platform empowering supply…
Client OS
Web
Deployment
Cloud Hosted
Halo BI Screenshot
Enterprise intelligence and big data analytics built to leverage your most important investment your people We built the Halo Platform based on a few simple principles: Data isn’t “insight” or “information”, it’s just stuff. It’s only when that data is…
Client OS
Web, Windows
Deployment
Cloud Hosted
Thrive Screenshot
Thrive Technologies provides a cloud based inventory optimization software that provides demand forecasting and inventory replenishment. The software aims to provide multi-location wholesale distributors and retailers with accuracy of projected demand at…
Client OS
Deployment
Cloud Hosted
JDA Demand Classification Screenshot
JDA Demand Classification
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Leading companies with large product portfolio’s, multiple sales channels and varying customers, need highly accurate and specific forecasts. Particularly with extended supply chains reaching back to Asia. JDA Demand Classification Application helps…
Client OS
Deployment
Cloud Hosted
Demand Works Smoothie Screenshot
Demand Works provides demand planning and supply planning software options that will increase the accuracy of your business operations. Demand Works provides three distinct core solutions to meet your planning needs, including demand planning and…
Price Range
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Starting Price
$5,000 (perpetual license)
Client OS
Windows
Deployment
Cloud or On-Premises
StockIQ Screenshot
StockIQ is a supply chain planning software designed to improve your inventory efficiency through enhanced visibility. StockIQ targets distributors and 3PL’s. The software helps improve forecast accuracy, reduce inventory levels, improve turns, reduce…
Price Range
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Starting Price
$750/month
Client OS
Web
Deployment
Cloud or On-Premises

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Demand Planning Software Buyer’s Guide

The capability of organizations to better their inventory metrics usually peaks with the basic inventory forecasting capability that is offered in their ERP system. While these industry-specific distribution and retail management solutions provide quality inventory control, they can miss the mark when it comes to advanced analytics.

Demand planning software provides real-time inventory analytics to increase forecast accuracy and help your business have just the right amount of inventory on hand. This will help ensure your supply-chain process flows as efficiently as possible and reduce stock-outs.

What Is Demand Planning Software?

Demand planning and forecasting software is a sales and operations planning (S&OP) technology that meets customer demand with the necessary level of supply. This is accomplished by coordinating data from separate units of the business (primarily sales, marketing, and operations) to make more informed supply chain planning decisions.

Accurate demand planning involves collecting historical data on order volumes and inventory turns while mixing it with continually updated forecasts from your sales personnel.

Demand planning solutions can be thought of as a business intelligence tool specifically for supply chain analytics. The software can estimate future sales to improve the accuracy of inventory management and it’s replenishment, better plan purchases, and ensure proper stocking levels.

The goal of demand planning software is to manage your supply chain more effectively to increase inventory turns and fill rates beyond what your ERP system or supply chain management software can do for you.

Features of Demand Planning Software

Feature Description
Sales and Operations Planning (S&OP) The overall management of your sales plan and operations plan, which includes tracking sales per month by product family, demand management (such as new product promotions and special offers), production per month by product tracking, workforce and inventory level tracking, and backorder management
Demand Planning Forecast demand for a product so it can be developed and shipped in as efficient of possible of ways
Inventory Planning Identify non-performing inventory SKUs and avoid overstocking. Scale for error to ensure under and over-forecasting situations even each other out.
Supplier Management Helps strategically plan and manage interactions with any vendors or suppliers of goods. Set reminders for reorders and reduce risk in your supply chain.

Comparison of the Best Demand Planning Software

1. Halo BI

Halo as a company provides a self-service supply chain planning solution with data discovery. Their company goal is to help organizations grow revenue and gain a competitive advantage. Their flagship product, Halo BI, is designed to be a BI tool specific to the supply chain industry. Halo has advanced tools such as HaloBoost that provide a machine learning approach to demand forecasting. They also offer SkuBrain, a SaaS-based free-to-start demand planning software tool that has helped them expand into helping retail companies further.

Halo BI Executive Dashboard Demand Planning Software
The executive dashboard of Halo BI lets you view the data you want to see the most, such as suppliers by location, average on-time delivery, and quality score.

2. Thrive

Thrive is specifically catered to multi-location wholesale distributors and retailers. The cloud-based software provides demand forecasting, inventory replenishment, and inventory optimization with a promise to reduce lost sales by 50% (due to lost stock). Specifically, they aim to increase profits for multi-location SKU intensive businesses in high service industries. They provide integrations with most ERP systems.

Thrive Distribution Demand Planning Software
Thrive lets you create and monitor ‘to-do’ lists with messages pertaining to buyer’s or SKU’s.

Sales and Operations Planning

The sales and operations planning process helps businesses create plans to maintain current business and take on new customers with new products through proper management of the supply chain. The process can help merge together insight from all departments of a business (such as sales, marketing, manufacturing, and more) to create an all-inclusive business plan intended to balance supply and demand. Execution between these departments centered around sales forecasts to make sure goods flowing through your supply chain is as optimized as possible.

The sales and operations planning process is something a business will want to conduct each month in various phases. This includes moving along the following processes:

  • Sales forecasting: This is the generation of historical data (past sales) in order to analyze trends and create proper expectations (demand forecasts)
  • Demand Planning: What are your current sales? What did your business forecast? Now what did your business plan for? Demand planning in the sales and operations planning process is about validating your forecasts. Where does your demand typically come from? You’ll need to account for variability and adjust your inventory structure to account for it (if any).
  • Supply Planning: Your business will need to ensure your production levels are as close as possible to your what you previously planned for (via demand planning). This step is about assessing your ability to meet demand, by reviewing available capacity and scheduling your production/output to the necessary level.
  • Reconciliation of plans: This stage will help balance your demand and supply with any financial considerations, and also ensure that the previous steps have been accounted for.
  • Finalize and link to the implementation: The execution stage of the process, and the final step in the sales and operations planning process. Usually, for larger (global) companies, the process is put into place and funnels down to regional supplies (depending on if the operation produces items globally or sold and produce at a regional level)

Inventory Optimization

Inventory optimization is about ensuring proper inventory levels are in place to meet your demand. Inventory optimization software automates the analyses of your entire inventory cycle. An optimized inventory optimization solution will look at the differences between demand forecasts and historical sales data to come up with appropriate stocking levels. An incorrect forecast can lead to your business not being able to meet demand, which leads to product sitting idle, or even worse, that you aren’t able to fulfill sales orders on time.

Effective demand planning software will lead to your inventory being at it’s most optimal level by creating multiple what-if scenarios. This includes analyzing all parts of your supply chain, such as sourcing, production, warehousing, and transportation.

How does one change affect the other? What sort of impact does each change have on various types of inventory? Since inventory optimization can be seen as a form of predictive analytics, demand planning systems will give an accurate prediction to the amount and type of stock to carry.

Types of Demand Forecasting Methods

As demand is the biggest factor used when creating sales forecasts, you’ll want to make sure your business is using the most appropriate type of demand forecasting for the products you manufacture, the market you’re involved with, the staff you have on hand, and more. Most demand planning and scheduling software will use predictive analytics capabilities to determine (to as certain of a possibility as possible) how scheduling, production, inventory, and staffing should be allocated for production. However, there are other methods of demand planning to consider:

Delphi Method

Known as being one of the more time-consuming methods of demand planning, the Delphi Method surveys experts anonymously. The surveys are administered in multiple rounds of questions, which each new questions being generated based upon the summary of results received thus far. The end goal of the Delphi Method is to get these experts to arrive at a consensus opinion. In the supply chain process, this consensus opinion is used in development for ideation of new products, which can affect the inventory kept on hand.

Conjoint Analysis

This survey-based statistical technique takes into account perceived value and relies heavily on asking customers what they want. This is more of a judgemental approach to demand planning, as the survey planners (the forecasters) will ask the participants to make trade-offs when conflicts arise. If a customer wants product A, will they take product B that has similar benefits/features? In a supply chain, conjoin analysis helps businesses determine the importance of the attributes and price of a product. This can let businesses shift in the features offered or adjust pricing in order to hit certain benchmarks in their overall sales. It can also let them know when a customer may consider buying a competitor’s product over theirs.

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