ForecastX

ForecastX is a demand forecasting and supply chain planning software developed by John Galt Solutions as a Microsoft Excel add-in. Its primary purpose is to help businesses generate statistical forecasts quickly while retaining the flexibility and familiarity of Excel. Users can add historical data and create forecasts with one click, while the ProCast engine automatically selects an appropriate forecasting method. Key capabilities include automatic best-fit modelling, batch and group forecasting, inventory-level management, safety-stock optimization, ABC analysis, event and promotion modelling, new-product forecasting, consensus planning, forecast-accuracy measurement and advanced reporting. The Excel-based interface is a major strength because planners can work within a familiar environment rather than learning an entirely separate application. User feedback generally highlights its ease of use, flexibility, affordability and ability to provide a useful statistical baseline for companies beginning formal S&OP or demand-planning processes. However, users note that training is helpful before the software becomes fully comfortable, very large datasets can slow the consensus view, and organizations with more sophisticated consensus-planning requirements may eventually need a broader planning platform.