Forecast PRO

Forecast PRO is a specialized system for forecasting (including demand, sales, demand for resources or new products). It is easy to use and intuitive – with this system your team will create accurate forecasts in less than several minutes. Learn lessons from the past for the future and perfect the process of creating and assessing forecasts. Continuously.

What benefits can you enjoy?

minimizing the costs of lost sales

reduction of expenditures needed
for forecasting by up to 40%

increase of forecasting
accuracy by up to 27%

reducing the costs of maintaining high
inventory levels by up to 31%

increasing resource
efficiency by over 19%

Selection of the right method for the forecasted values

You do not need to have extensive statistical knowledge to create accurate forecasts in Forecast PRO. If you are more experienced, you will benefit from advanced models. If less experienced – you can choose a so-called expert selection, which will automatically match the best method to the forecasted values. Methods available in Forecast PRO:

exponential smoothing
Box-Jenkins models,
Croston’s model
moving averages
forecasting by analogy
percentage increase
subjective forecasting

Corrections and simulations and the accuracy of forecasts

When creating forecasts, Forecast PRO takes into account, among others factors:

See the consequences of the changes made to the forecast before publishing it – perform a suitable simulation and make a decision based on it.

Team work

Forecast PRO makes it easier to find an agreement between the proposals presented by analysts, other company departments and priorities reported by the management board. You can easily compare different versions of forecasts and choose those that best suit the current situation of the company, its business goals and even the organizational culture.

Outliers and event modelling

You will exclude any disturbances in historical data that have been triggered, for example, by one-off sales or irregularly organized marketing campaigns.

Speed of operation and data synchronization

Forecast PRO works with any external systems (including ERP, APS, CMMS or BI) and data export to MS Excel is a matter of one click.
Data synchronization takes place in real time, and the effect of the introduced change is presented immediately in graphic and tabular reports.
Precise forecasts for thousands of items will be created in less than several minutes thanks to very high computational efficiency.