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Powerful, Affordable Forecasting
and Forecast Management
Visit forecastpro.com to: 3 view detailed product info
Power and Flexibility
Forecast Pro includes:
	 •	 A wide range of forecasting models with automatic “best pick” option
	 •	 Specialized methods for new products, promoted items and limited data
	 •	 Forecast adjustments and overrides
	 •	 Forecast collaboration and team forecasting
	 •	 The ability to work in multiple units of measure
	 •	 Support for multiple hierarchies and views
	 •	 Forecast vs. actual tracking
	 •	 Extensive exception reporting
	 •	 Flexible reporting formats including direct-to-Excel
	 •	 Easy integration with databases and corporate systems
	 •	 Direct output to Excel, XML, ODBC, CSV and text files
	 •	 Native 32-bit and 64-bit support
A Comprehensive Solution
Forecast Pro is a comprehensive forecasting and forecast management system.
This affordable and easy-to-use solution gives your team the capability to create
accurate and credible forecasts, along with the tools for efficiently managing,
monitoring and improving your forecast process.
Solutions Starting at $5,000
“	Forecast Pro is easy to 	
	 implement and use,
	 and saves us substantial 	
	 time and resources.
	 The software provides a 	
	 high level of value for 	
	 the cost—I recommend 	
	 Forecast Pro every
	 chance that I get.”
	
	 Joel Brown
	 Retail Products Group
3 download free demo 3 schedule custom WebEx demo
The Forecast Pro Advantage
Easy-to-use
Forecast Pro’s automatic “best pick” feature allows you to
generate accurate forecasts, even for thousands of items, in a
matter of seconds. Designed specifically for business forecasters,
Forecast Pro has an intuitive interface that displays hierarchical
data in a tree-like structure, allowing you to work at any level
of detail with a simple click of the mouse. As you navigate from
item to item, synchronized windows displaying graphical and
tabular reports are instantly updated. Sharing your work is easy
with Forecast Pro’s flexible output formats, including one-click,
direct-to-Excel reporting.
Flexible
Forecast Pro gives you the flexibility to create and work with your forecasts in any way you want. In addition to its
automatic forecasting capabilities, the software lets you specify approaches for any items you choose, with support
for a wide range of models that address common forecasting challenges such as new products, promotions and
one-time events. The software enables team members to rearrange the hierarchy and units of measure “on the fly,”
allowing everyone to work with the forecasts in the formats reflecting their particular business needs. Once
the forecasts are finalized, Forecast Pro’s flexible output formats ensure straightforward integration with your
corporate systems.
Collaborative
Forecast Pro makes it easy to collaborate with others to establish the final forecasts. Members of your team can
add their business judgment directly using the software’s spreadsheet-style override facility, which features up to
ten customizable rows. You can adjust the forecasts at any level in the hierarchy, and all changes are automatically
reconciled. Handy comment fields make it easy to document changes, and override reports provide transparency to
the process. Forecast Pro also enables you to assess the effectiveness of judgmental inputs by tracking the accuracy
of both the baseline statistical forecasts and the adjusted forecasts.
Powerful
Forecast Pro does much more than just generate accurate forecasts—the software provides an impressive set of
tools and reports for managing your forecast process effectively. Tracking forecast accuracy is easy using Forecast
Pro’s forecast vs. actual reports, including waterfall charts which display your forecast performance over time.
Using the software’s customizable exception reporting, you can automatically flag exceptions based on different
performance metrics—such as forecast vs. history or whether a current forecast falls outside a pre-defined range.
All tabular reports in Forecast Pro include Excel-like custom filtering, enabling you to focus on what is most
important to you.
Cost-effective
Forecast Pro offers the features and capabilities of a high-end solution at a fraction of the cost. In addition, the
system’s off-the-shelf nature enables you to get up and running with minimal IT resources and outside services.
The vast majority of Forecast Pro implementations require fewer than three days of training and consulting.
Visit forecastpro.com to: 3 view detailed product info 3 download free demo 3 schedule custom WebEx demo
Our Customers
Forecast Pro is used by more than 40,000 forecasters worldwide across a wide range of industries,
in organizations both big and small.
To view an expanded list of customers organized by industry, visit forecastpro.com.
References are available.
3M
AAFES
American Welding & Tank
Anheuser-Busch
B.L. Initmate Apparel
Bacardi U.S.A., Inc.
Benjamin Moore & Co.
Brooks Sports, Inc.
Cemex
Coca-Cola
College of William & Mary
Crown Bolt
Curtis Instruments, Inc.
Daiichi Sankyo, Inc.
Danone
Eaton Corporation
Expedia
Fidelity Investments
Friesland Foods
Garden Zone, LLC
Hewlett-Packard
Honeywell
Irving Oil
Kal Tire
Mattel/Fisher-Price, Inc.
Merck & Co., Inc.
Mono Pumps Ltd.
Norfolk Southern Corporation
Pacific Gas and Electric Company
Pfizer Inc.
popchips
Sandvik Tooling
Sioux Chief Manufacturing Co., Inc.
State of California
Stickley Furniture
Superior Tool Company
Unilever
UnitedHealthcare
Verizon
Wakefield Canada Inc.
Wal-Mart
WinCup
Visit forecastpro.com to: 3 view detailed product info 3 download free demo 3 schedule custom WebEx demo
Forecasting Methods
Expert Selection (“best pick”)
Exponential smoothing (12 models)
Box-Jenkins (ARIMA)
Dynamic regression
Promotional models
New product forecasting
Bottom-up, top-down & middle-out
Event models
Forecast by analogy (“looks like”)
Bass diffusion model
Seasonal simplification
Croston’s intermittent demand model
Low-volume models
Curve fitting
Straight line
S-curve
Moving averages
Same as last year
Percentage growth
Outlier detection & correction
“Forecast Pro TRAC is an excellent 		
	 product that facilitates data
	 management and provides us
	 with a better understanding of
	 the business.”
	
	 Sergio Martinez
	 Grupo Monge
About BFS
With 25+ years of business forecasting expertise, Business
Forecast Systems is recognized as a market leader. In addition
to our award-winning Forecast Pro software, we provide a full
range of resources to help our customers including:
• Cost-effective, customized Web-based training
• Convenient on-site training
• A full range of consulting and implementation services
• An informative blog
• Free educational Webinars
www.forecastpro.com
Anamind Business Consulting Pvt Ltd,
An Authorized Reseller of Forecast Pro
4th Floor,NCC Urban Windsor
International Airport Road
Bangalore 560064,India
Phone: +91 9880976600
Email: rishi@anamind.com

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How To Do Business Forecasting Management | Forecast Pro

  • 2. Visit forecastpro.com to: 3 view detailed product info Power and Flexibility Forecast Pro includes: • A wide range of forecasting models with automatic “best pick” option • Specialized methods for new products, promoted items and limited data • Forecast adjustments and overrides • Forecast collaboration and team forecasting • The ability to work in multiple units of measure • Support for multiple hierarchies and views • Forecast vs. actual tracking • Extensive exception reporting • Flexible reporting formats including direct-to-Excel • Easy integration with databases and corporate systems • Direct output to Excel, XML, ODBC, CSV and text files • Native 32-bit and 64-bit support A Comprehensive Solution Forecast Pro is a comprehensive forecasting and forecast management system. This affordable and easy-to-use solution gives your team the capability to create accurate and credible forecasts, along with the tools for efficiently managing, monitoring and improving your forecast process. Solutions Starting at $5,000 “ Forecast Pro is easy to implement and use, and saves us substantial time and resources. The software provides a high level of value for the cost—I recommend Forecast Pro every chance that I get.” Joel Brown Retail Products Group 3 download free demo 3 schedule custom WebEx demo
  • 3. The Forecast Pro Advantage Easy-to-use Forecast Pro’s automatic “best pick” feature allows you to generate accurate forecasts, even for thousands of items, in a matter of seconds. Designed specifically for business forecasters, Forecast Pro has an intuitive interface that displays hierarchical data in a tree-like structure, allowing you to work at any level of detail with a simple click of the mouse. As you navigate from item to item, synchronized windows displaying graphical and tabular reports are instantly updated. Sharing your work is easy with Forecast Pro’s flexible output formats, including one-click, direct-to-Excel reporting. Flexible Forecast Pro gives you the flexibility to create and work with your forecasts in any way you want. In addition to its automatic forecasting capabilities, the software lets you specify approaches for any items you choose, with support for a wide range of models that address common forecasting challenges such as new products, promotions and one-time events. The software enables team members to rearrange the hierarchy and units of measure “on the fly,” allowing everyone to work with the forecasts in the formats reflecting their particular business needs. Once the forecasts are finalized, Forecast Pro’s flexible output formats ensure straightforward integration with your corporate systems. Collaborative Forecast Pro makes it easy to collaborate with others to establish the final forecasts. Members of your team can add their business judgment directly using the software’s spreadsheet-style override facility, which features up to ten customizable rows. You can adjust the forecasts at any level in the hierarchy, and all changes are automatically reconciled. Handy comment fields make it easy to document changes, and override reports provide transparency to the process. Forecast Pro also enables you to assess the effectiveness of judgmental inputs by tracking the accuracy of both the baseline statistical forecasts and the adjusted forecasts. Powerful Forecast Pro does much more than just generate accurate forecasts—the software provides an impressive set of tools and reports for managing your forecast process effectively. Tracking forecast accuracy is easy using Forecast Pro’s forecast vs. actual reports, including waterfall charts which display your forecast performance over time. Using the software’s customizable exception reporting, you can automatically flag exceptions based on different performance metrics—such as forecast vs. history or whether a current forecast falls outside a pre-defined range. All tabular reports in Forecast Pro include Excel-like custom filtering, enabling you to focus on what is most important to you. Cost-effective Forecast Pro offers the features and capabilities of a high-end solution at a fraction of the cost. In addition, the system’s off-the-shelf nature enables you to get up and running with minimal IT resources and outside services. The vast majority of Forecast Pro implementations require fewer than three days of training and consulting. Visit forecastpro.com to: 3 view detailed product info 3 download free demo 3 schedule custom WebEx demo
  • 4. Our Customers Forecast Pro is used by more than 40,000 forecasters worldwide across a wide range of industries, in organizations both big and small. To view an expanded list of customers organized by industry, visit forecastpro.com. References are available. 3M AAFES American Welding & Tank Anheuser-Busch B.L. Initmate Apparel Bacardi U.S.A., Inc. Benjamin Moore & Co. Brooks Sports, Inc. Cemex Coca-Cola College of William & Mary Crown Bolt Curtis Instruments, Inc. Daiichi Sankyo, Inc. Danone Eaton Corporation Expedia Fidelity Investments Friesland Foods Garden Zone, LLC Hewlett-Packard Honeywell Irving Oil Kal Tire Mattel/Fisher-Price, Inc. Merck & Co., Inc. Mono Pumps Ltd. Norfolk Southern Corporation Pacific Gas and Electric Company Pfizer Inc. popchips Sandvik Tooling Sioux Chief Manufacturing Co., Inc. State of California Stickley Furniture Superior Tool Company Unilever UnitedHealthcare Verizon Wakefield Canada Inc. Wal-Mart WinCup Visit forecastpro.com to: 3 view detailed product info 3 download free demo 3 schedule custom WebEx demo Forecasting Methods Expert Selection (“best pick”) Exponential smoothing (12 models) Box-Jenkins (ARIMA) Dynamic regression Promotional models New product forecasting Bottom-up, top-down & middle-out Event models Forecast by analogy (“looks like”) Bass diffusion model Seasonal simplification Croston’s intermittent demand model Low-volume models Curve fitting Straight line S-curve Moving averages Same as last year Percentage growth Outlier detection & correction “Forecast Pro TRAC is an excellent product that facilitates data management and provides us with a better understanding of the business.” Sergio Martinez Grupo Monge
  • 5. About BFS With 25+ years of business forecasting expertise, Business Forecast Systems is recognized as a market leader. In addition to our award-winning Forecast Pro software, we provide a full range of resources to help our customers including: • Cost-effective, customized Web-based training • Convenient on-site training • A full range of consulting and implementation services • An informative blog • Free educational Webinars www.forecastpro.com Anamind Business Consulting Pvt Ltd, An Authorized Reseller of Forecast Pro 4th Floor,NCC Urban Windsor International Airport Road Bangalore 560064,India Phone: +91 9880976600 Email: rishi@anamind.com