Forecasting Methods & Statistics

We believes that success of every sales and operations plan lies in the accuracy of the baseline forecast. John Galt has compiled a list of business and sales forecasting techniques that addresses many of the business issues facing companies today. In 1998, we entered our algorithms in the M3 competition, an academic competition for statistical accuracy, and ranked #1 and #2 in most categories.

Our sales forecasting software and methods & statistics have been integrated into Peoplesoft’s Supply Chain Solutions and GEAC’s Comshare budgeting software packages. Our ForecastX symbol stands for quality and reliability. If you are interested in integrating our forecasting algorithms into your own application or commercial forecasting software, read more about the ForecastX SDK. This business and sales forecasting software includes more than 20 forecasting techniques and more than 40 statistical forecasting methods & statistics.

Accuracy Statistics

Business Modeling

Causal Forecasting

Descriptive Statistics

Distributions

Expert Selection

Multi-Level Grouping

New Products

Seasonal Models

Simple Methods (Time Series)

Slow Moving & Replenishment