The market has never-ending and ever-changing demand. For this reason, businesses must forecast, respond, and adapt effectively and efficiently to the market. This way, your business can keep up with the trend leading to more improved marketing and sales results. Since managing all these procedures can take a long time and is inaccurate sometimes, professionals developed trial demand planning software to assist you with this process.
14+ Trial Demand Planning Software
1. Wrike
2. QT9 ERP
3. CyberPlan
4. FashionBoard
5. BINOCS
6. StockTrim
7. Avercast
8. Kepion
9. Colibri
10. Remi AI
11. AGR Dynamics
12. Forecast Pro
13. QAD DynaSys Cloud DSCP
14. ForecastingSoftware.Com
15. Planning In A Box
What is Trial Demand Planning Software?
Trial demand planning software is a technology you need to record a certain amount of time and analyze the market’s maneuver. Trial demand planning software provides numerous features and functionalities that can assist you in understanding the market’s demand direction and brainstorming products that will satisfy these demands. Such a software tool demonstrates a business dashboard that illustrates statistics of your sales and operation. With these functionalities, you can check, analyze, and acquire effective action plans conveniently and quickly. With accurate forecasting beforehand, you can improve decision-making, especially in supply chain planning and procure management. Continue reading this article to learn more about recommendations of trial demand planning software.
Benefits
Undeniably, demand forecasting is never simple. The world is always unpredictable. Which, of course, makes it harder to guess what customers want in the future. To brainstorm for possible demand, you need to evaluate the past and current sales analytics, which is not simple to do manually. With trial demand planning on hand, you can analyze and plan conveniently and accurately.
Features
Various technology companies developed trial demand planning software that offers numerous advanced features and functionalities. Some platforms provide free features or trials for a certain period. They also have premium and advanced features that in undeniably helpful and perfect for your demand planning. As mentioned previously, demand forecasting and planning are challenging and sometimes can be incorrect. That is why features and functionalities exist to help you improve visualization and acquire accurate forecasting.
- Forecasting
- Historical Reporting
- Inventory Optimization
- Data Visualization
- Dynamic Modeling
- Promotions Management
- Sales Forecasting
- Statistical Process Control
- Automated Scheduling
- Backorder Management
- Barcoding/RFID
- Billing & Invoicing
- “What If” Scenarios
- Asset Accounting
- Asset Lifecycle Management
- Audit Trail
Top 10 Trial Demand Planning Software
1. Wrike
Wrike provides features, such as Kanban boards, Gantt charts, time tracking, custom request forms with auto-assignment, performance reports, resource management and allocation, automated reporting, shared workflows, and many more. With annual revenue of $142.4 million and 980 employees.
2. Remi AI
Remi AI enables an inventory management solution that helps with demand forecasting and supply chain optimization and offers many more features. With annual revenue of $12.73 million and 51-200 employees.
3. QAD DynaSys Cloud DSCP
Sales & Operations Planning (S&OP), Demand Planning, Supply Planning, and Integrated Business Planning (IBP) are a few advanced features QAD DynaSys Cloud DSCP offers. With annual revenue of $13.2 million and 91 employees.
4. AGR Dynamics
AGR Dynamics is available for businesses of all sizes. They provide features such as competitive analysis, capacity planning, demand forecasting, and many more. With annual revenue of $5.0-25 million and 25-100 employees.
5. Planning In a Box
Planning in a Box has artificial intelligence and machine learning features, allowing you to improve forecast accuracy and inventory. Pluto7 has annual revenue of $9.7 million and 67 employees.
6. Avercast
Avercast comes with features, such as sales forecasting, planned vs. actual tracking, exception reporting, supply forecasting, and many others. With annual revenue of $3.8 million and 26 employees.
7. Kepion
Kepion includes asset lifecycle management, budgeting/forecasting, automatic time capture, ad hoc analysis, and many other features. With annual revenue of $3.5 million and 24 employees.
8. QT9 ERP
Cataloging/categorization, cash management, aging tracking, approval process control, and other features are available in QT9 ERP. With annual revenue of $3 million and 21 employees.
9. Forecast Pro
Forecast Pro, created by Business Forecast System, includes features like statistical process control, planned vs. actual tracking, dynamic modeling, graphical data presentation, and much more. With annual revenue of $1.6 million and 11 employees.
10. StockTrim
StockTrim is cloud-based demand forecasting and inventory planning software. They also have features like historical reporting, mobile access, item management, and more, with annual revenue of $1.5 million and five employees.
FAQs
What are the advantages of demand forecasting?
There are numerous advantages and benefits of demand forecasting. Demand forecasting is a process where you evaluate your sales record and brainstorm what possible demands the market will decide. With demand forecasting and the help of the software, you can obtain accurate forecasting. Therefore improves the critical aspects of your production.
What is the distinction between demand planning and demand forecasting?
Demand forecasting is a process where you brainstorm and evaluate possible market demands. This process helps you generate an action plan for improved production, procurement, and even spend management. Demand planning is an action where you prepare the critical aspects of your action plan to meet your goals resulting from your forecasting results.
What is the importance of demand?
As an entrepreneur, evaluating and predicting demand is one of the most crucial processes for your business to grow and develop. Demand is what the market needs and wants. Therefore as the product and service provider, you have to satisfy their demands. You have to be flexible, responsive, and adaptive for the market and your business.
A business is never simple to manage and develop. It needs hundreds of procedures for your small business or enterprise to be on top and keep running smoothly. Since we are living in the modern world, the best way to do this is to exhaust software that can provide an impressive contribution to improving your marketing, operation, and competition. Choose the best trial demand planning software.
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