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ForecastX Wizard
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ForecastX Wizard is a fast and accurate forecast software solution that enables you to define your business forecasting processes, and demand planning requirements. By combining business rules, such as trends and seasonality with statistical forecasting, the software facilitates the maximization of business performance.
One-step statistical forecasting with expert selection makes sales forecasting, demand forecasting, or collaborative forecasting easy in any supply chain management or planning environment. The advanced reporting options make tracking adjustments and reviewing results simple. The easy-to-use ForecastX Wizard takes historical data, identifies past trends and seasonality, and then selects the best statistical forecasting model for your business issues.
IIntegrated seamlessly with Microsoft Excel, the ForecastX Wizard fosters collaboration and tracks changes and adjustments. Multi-level forecasts and views of revenue, demand, and inventory also allow each party to interact appropriately. Integration into other supply chain software and processes ensures everyone works to the best and latest forecast. ForecastX Wizard provides a proven, accurate statistical forecast by using over 30 forecasting techniques including Time-Series forecasting and ARIMA, New Product and Event Modeling. The accuracy of the ForecastX Wizard has been demonstrated and confirmed at the most recent M3 Forecasting Competition.
The ForecastX Wizard is an accurate and cost-effective forecasting solution that allows companies to forecast any amount of data and address all business issues, including seasonal sales and trends. With its Demand Requirements Planning(DRP) component, companies now can see how much raw materials to buy, how much product to produce and how much inventory to hold.
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