Demand planning software is a type of business software designed to help organizations forecast future demand for their products or services accurately. These software solutions typically integrate advanced forecasting algorithms, data analytics tools, and collaboration capabilities to facilitate the demand planning process. Demand planning software offers various features and functionalities to support different aspects of demand planning, including:

Forecasting Models: Demand planning software provides a range of forecasting models, such as time series analysis, regression analysis, and machine learning algorithms.

Data Integration: Demand planning software allows users to integrate data from multiple sources.

Demand Collaboration: Demand planning software enables collaboration among different stakeholders involved in the demand planning process.

Scenario Planning: Demand planning software allows users to create and analyze multiple demand scenarios based on different assumptions and factors that may impact demand, such as changes in market conditions, pricing strategies, or promotional activities.

Reporting and Analytics: Demand planning software provides reporting and analytics tools to monitor forecast accuracy.

Integration with ERP Systems: Many demand planning software solutions integrate seamlessly with enterprise resource planning (ERP) systems, such as SAP, Oracle, and Microsoft Dynamics.