Supply Chain Planning by TransImpact (formerly Avercast) is an AI-driven platform designed to enhance forecasting, streamline planning, and safeguard profit margins in an increasingly unpredictable market. This solution integrates decades of supply chain expertise with advanced technology to unify demand, supply, and financial data, enabling users to make quicker and more precise decisions that can lead to cost reductions and growth opportunities.
The platform is tailored for businesses across various sectors that require robust supply chain management. Its supports supply chain professionals, operations managers, and executives who are seeking to optimize their supply chain planning and enhance overall operational efficiency. Our Supply Chain Planning software is particularly beneficial for organizations that have been relying on traditional methods, such as spreadsheets, for their planning processes, as it offers a more reliable and data-driven alternative.
At the core of Supply Chain Planning by TransImpact is a sophisticated forecasting engine featuring over 350 algorithms capable of modeling diverse demand scenarios. This advanced technology allows users to replace less reliable forecasting methods with a system that can improve forecast accuracy by 15–23%. Furthermore, it can contribute to a 2–3% increase in margins, reduce inventory carrying costs by up to 20%, and unlock 3–5% topline growth through enhanced product availability. For instance, a housewares company utilizing Avercast was able to boost forecast accuracy by 30% while eliminating $14 million in excess inventory.
The platform encompasses several key functionalities, including demand forecasting, supply planning, sales and operations planning (S&OP), and analytics. Demand forecasting capabilities allow for rapid, AI-enhanced forecasts, incorporating elements such as sales forecasting, new product introduction modeling, and promotional planning. Supply planning features enable users to optimize safety stock levels and manage orders effectively, preventing shortages and minimizing excess inventory. A notable example includes an industrial parts manufacturer that saved $1.5 million in inventory costs by aligning raw material purchases with production requirements. S&OP integrates disparate data into a cohesive model, providing role-specific dashboards for various stakeholders, while analytics offer insights into inventory management, vendor performance, and margin impacts.
Supply Chain Planning by TransImpact stands out by transforming fragmented data into a unified model. Be able to reduce overstocks and stockouts, get shorter lead times, and increased responsiveness to market fluctuations. Users benefit from a comprehensive view of cost-to-serve and working capital, which aids in cash flow management and margin improvement. The platform also features proactive alerts for faster reaction times and enhanced productivity for planning teams.
With prebuilt models that are 80% ready for deployment, organizations can expect to go live in less than 12 weeks, making the transition to this advanced planning solution both efficient and effective.
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Product Description
While focusing on customer driven development, Avercast has developed cutting edge software to satisfy the most demanding requirements.
Overview by
Karishma Shikalgar
