Demand Planning & Forecasting Software

Overcome uncertainty with enhanced demand planning

ToolsGroup’s probabilistic demand planning software provides a range of possible outcomes and their likelihood of occurring. This gives you a more accurate view of future demand, so you can make the best possible inventory and supply chain decisions–even in highly uncertain environments.

Machine learning further augments your demand planner forecast, modeling internal sources of customer demand that include promotions, recurring patterns such as seasonality, and external inventory optimization factors such as weather.

Improve demand forecasting accuracy

There are more product variations on the market than ever before, which increases demand variability, inventory risk, and the need to accurately forecast demand in assortment planning. ToolsGroup’s uncertainty modeling is uniquely capable of handling such intermittent, or “long tail,” demand patterns by analyzing both historical data and the associated demand drivers.

Automate planning to increase productivity

Because our machine learning engine incorporates deep learning, the models “learn” from existing historical data and accurately identify future demand trends. The demand planning software leverages the knowledge, experience and skills of demand planners and other supply chain experts, acting as an intelligent assistant that helps you execute the demand planning process much more effectively — and with improved inventory forecasting.

Decrease lost sales

ToolsGroup demand forecasting software captures the true history of demand, not just sales. This means, when assessing future demand, you can accurately identify past periods of insufficient stock, calculate the lost sales as a result and get a full picture of how to fix this in future demand planning.