Forecast Pro, the leader in
Business Forecasting, is easy to learn and easy to use. It does
not require a background in statistics or forecasting. You provide
the historic data and Forecast Pro does the rest. The built-in expert
selection system analyzes your data, selects the appropriate forecasting
technique, builds the model and calculates the forecasts--it even
explains its reasoning in ordinary English!
It also provides complete custom modeling capabilities and the diagnostic
tools to get the job done. Thus use of Forecast pro will improve
forecast accuracy, save time and money, improve planning, cut inventory
costs, decrease stock-outs and increase customers’ satisfaction.
Forecast Pro - The Market Leader
Forecast Pro is the clear
market leader with over 15,000 companies in 84 countries
using the package. A recent Institute of Business Forecasting
survey placed Forecast Pro's market share at 32%, outselling
its closest competitor by a margin of over 4 to 1.
Forecast Pro includes:
An expert system that chooses among the following five classes
of forecasting models to satisfy all mainstream business
Simple Methods -
For very short or extremely volatile data, Forecast
Pro includes moving average models.
Curve Fitting -
Forecast Pro supports four types of curves - straight
line, quadratic, exponential and growth. (Standard and
Low Volume Models -
Croston's Intermittent Demand model and discrete data
models are provided to accommodate low volume and "sparse"
Exponential Smoothing -
Twelve different Holt-Winters exponential smoothing
models are provided to accommodate a wide range of data
characteristics. The robustness of exponential smoothing
makes it ideal when there are no leading indicators,
and when the data are too short or volatile for Box-Jenkins.
Box-Jenkins - For stable data sets,
Forecast Pro supports a multiplicative seasonal Box-Jenkins
model. The model can be built completely automatically
or interactively using a full range of screen-oriented