Statistical Forecasting

We use standard, proven statistical tools to make forecasts at any requested level from primary items up to total company. We use a model fitting process to evaluate and choose the best model fit based on three years of history. We then use a smoothing process to update forecasts each month. The user can choose to fit a new model or modify any of the easy to understand components at any time. More detailed information is available in our brochure or by request.

The accuracy of our statistical system is superior to other products available. It excels at detecting and managing products that are seasonal. It detects inferior forecasts and automatically corrects while reporting for potential user intervention.

User Interface

The user interface simplifies the process of finding forecast information and presenting it in terms that are useful to the forecast manager as well as marketing/sales, manufacturing and financial managers.

Finding any of the forecasted items or group levels is as easy as a mouse click on the form above. The user doesn't have to remember codes or item numbers and can easily move around through the database with no key entry. The user can also limit his access to specific levels of the forecasts.

There are many different forms available for the user to select. You can move from form to form with a single mouse click to get a different view of the forecasts and you can toggle from forecasted units to price or cost dollars on each form. Some forms are directed at modifying the forecasts and others are for performance reporting or provide additional history or detail. Some examples are presented below: