A demand planning software is a computer based program which helps in driving the demand planning process by integrating historical sales data, relevant business information, and statistical analysis to create long range estimations of anticipated demand. User inputs like impact of marketing promotions, new product developments, its launches and discontinuations, rebates and market intelligence, and pricing discounts are also considered by the software to create detailed version of demand plan. Some of key benefits include increased speed, enhanced accuracy, higher efficiency, cost savings and flexibility and scalability. The growth demand planning software among enterprises is very fast owing to higher data processing speed of software and capability to handle multiple users. Earlier Microsoft excel was being used for demand planning, budgeting and accounting owing to its user friendly tools. However Microsoft excel is not being designed for multiuser collaborative work an...