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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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…
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…
Deployment
Cloud Hosted
JDA Demand Classification Screenshot
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…
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…
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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…
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Starting Price
$750/month
Client OS
Web
Demand Planning Screenshot
Demand Planning An application that allows a business to help forecast demand and be better prepared for market demands. Demand Planning uses historical factors to calculate future demand. These factors include estimated…
SkuBrain Screenshot
SkuBrain provides demand forecasting and inventory optimization for your company. The software is accessible from any device and lets you share needed reports with all of your stakeholders. SkuBrain provides self-service…
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Starting Price
$150/month
Client OS
Web
Deployment
Cloud Hosted
Demand Manager Screenshot
Demand Manager, powered by Netstock is a comprehensive inventory management tool, allowing you to take better control of your factory stock, effectively forecast for the future and understand what really drives your…
Client OS
Web
Deployment
Cloud Hosted
Slim4 Screenshot
Most companies are looking to strike a balance between working capital, operational costs and optimal service levels. Alongside this, it is vital that organizations spend their time and efforts on areas which provide the…
Client OS
Windows
IMI Supply Chain Management Screenshot
IMI Supply Chain applications fully integrate planning and execution capabilities across your entire enterprise, from replenishment to distribution, enabling your business to achieve enterprise excellence. Supply Chain…
Client OS
Windows, Mac, Web
Deployment
Cloud Hosted
SCP 4.0 Screenshot
SCP 4.0 is a forecasting, demand planning, and vendor managed inventory (VMI) solution that recommends what to make/procure, how much to make, and when to make it in order to uphold target inventory levels. SCP 4.0 also…
Deployment
On-Premises
Supply Chain Management Series Screenshot
The MaxQ Supply Chain Management Series of modules for Microsoft Dynamics SL are a suite of products that enhance the supply chain capabilities of your system. Using any of our modules will provide Microsoft Dynamics SL with…
Client OS
Windows
Skulocity Screenshot
Skulocity is a fully integrated application suite that brings together top-tier enterpise modules to help you manage your business more effectively. Today, Skulocity supports ecommerce, Customer Relationship Management…
Price Range
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Starting Price
$495/month
Client OS
Web
Deployment
Cloud Hosted
Universe Screenshot
The Artha systems solution, Universe, is designed for large scale businesses. Universe is completely customizable with high level integration with legacy systems. The Artha solution approach for Universe will have an account…
Deployment
Cloud Hosted
Galaxy Screenshot
The Artha systems solution, Galaxy, is designed for the business generating over two million dollars. The Artha solution approach for Galaxy will equip your business with a host of benefits while providing you with complete…
Apprise Screenshot
Apprise
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Apprise is an industry specific enterprise resource planning (ERP) application designed for consumer goods designers, manufacturers and distributors. This integrated supply chain management software offers global consumer…
Client OS
Web, Windows
Deployment
Cloud or On-Premises
AXIO for Distribution Screenshot
AXIO for Distribution is an end-to-end advanced supply chain management software for distributors. The powerful capabilities of Microsoft Dynamics AX have been extended to include industry-specific functionalities that cover…
Client OS
Windows
Anaplan Screenshot
Anaplan Is a Leading Platform Provider Connecting Data, People, and Plans Across Your Business. Large and fast-growing organizations use Anaplan’s planning platform in every business function to make informed decisions and…
Client OS
Web
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…
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…
Client OS
Windows
Deployment
On-Premises

We searched and searched, but we couldn’t find any products in our database that match your criteria. Perhaps our team of software experts can help? They’d be happy to provide a list of free demand planning software recommendations that meet your exact requirements.

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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 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.