Forecast Pro Version 5

27/07/2006

Forecast Pro Basic version 5 and Forecast Pro XE version 5 are now available. Forecast Pro Basic replaces Forecast Pro Standard. Forecast Pro Unlimited version 5 is currently under development.

The newly re-designed Forecast Pro XE version 5 and Forecast Pro Basic version 5 will make your forecasting easier and more accurate.

Major New Features

  • Improved Expert Selection for more accurate automatic forecasting. Expert Selection now chooses from a broader range of models, more accurately detects seasonality in low-volume data sets and includes improved "special handling" for anomalous data sets.

  • A brand new, intuitive interface lets you view and interpret your data more easily and navigate effortlessly through large data sets and multi-level product hierarchies.

  • Powerful new graphing and reporting capabilities allow you to create dazzling, presentation-quality reports in seconds. Version 5 includes four professionally-designed standardised report formats in addition to a custom reporting option for maximum flexibility.

  • Seasonal Simplification, a powerful new must-have methodology if you are forecasting data with more than 12 observations per year. Seasonal Simplification reduces the number of seasonal indexes used to model the data and often substantially improves forecast accuracy.

  • A streamlined regression modeling facility with enhanced diagnostics that will save you time and improve your models. Using the new navigator-based modeling options, you can add and delete terms from your current model with a click of the mouse.

"Forecast Pro is an excellent product that has proved very useful and accurate". - Grant Ferey, Auspine Ltd.

New Release of Forecast Pro Unlimited Software Announced

12/08/2004

Forecast Pro Unlimited Version 4.3 is a state-of-the-art statistical forecasting package that uses artificial intelligence and powerful methodology to yield unsurpassed forecasting accuracy.

Forecast Pro Unlimited Version 4.3 is a state-of-the-art statistical forecasting package that uses artificial intelligence and powerful methodology to yield unsurpassed forecasting accuracy.

Forecast Pro Unlimited is used internationally by businesses of all sizes to forecast product sales, revenues, demand for services and other important variables. Forecast Pro Unlimited can be used as a stand-alone solution or integrated with production planning, supply chain management, inventory control or other planning systems.

The new release of Forecast Pro Unlimited includes localised editions for several languages and in addition, the new release improves upon the product’s award-winning forecasting methodology and allows greater flexibility in report design.

Forecast Pro Unlimited includes a wide variety of forecasting techniquesto accommodate all types of business data. Methods include exponential smoothing, Box-Jenkins (ARIMA), Croston’s intermittent demand, low volume models, event models (for forecasting promotions or business interruptions) and multiple-level (hierarchical) models. The program also provides a portfolio of supporting features including graphical displays of forecasts, on-screen adjustments, multiple forecast overrides, model descriptions and statistics, and customised reports.

What's new in Forecast Pro Unlimited 4.3:

  • Localised editions for English, Spanish, German and Japanese.

  • Improved expert selection logic to choose the most appropriate forecasting model for the data.

  • Input/output enhancements including the ability to create XML reports and increased control over outputting comments, variable descriptions and dates.

  • An enhanced override view with added functionality for making forecast adjustments.