Demand planning software provides businesses with forecasting solutions that help them prepare for future customer demand. Businesses implement demand planning tools to plan and manage future inventory and production. These solutions help businesses serve their customers by predicting their long-term needs. They can better prepare for upcoming demands by ensuring that the proper quantity and type of inventory is stocked when needed. Demand planning solutions rely heavily on predictive analysis and are often a part of supply chain management solutions. This tool can integrate machine learning software to increase predictions by analyzing historical data.
To qualify for inclusion in the Demand Planning category, a product must: