About ForecastX
ForecastX is an advanced supply chain forecasting tool that works as a Microsoft Excel plugin. It provides one-click forecasting, automatic best-fit modeling, and collaborative planning features for demand planners and supply chain professionals.
ForecastX by John Galt Solutions is a supply chain forecasting tool designed to work within Microsoft Excel. It aims to simplify and enhance forecasting for businesses by providing powerful statistical modeling with a single click. Key features include automatic best-fit model selection (ProCast), multi-level hierarchy management, event modeling, new product forecasting, and inventory optimization. The tool is positioned for users who prefer the flexibility of Excel but require more advanced forecasting capabilities. It offers two main tiers, Lite and a full version, with monthly subscription pricing. Support is available through a help desk and online documentation, and the product is aimed at demand planners, S&OP managers, and supply chain analysts across various industries like retail, manufacturing, and consumer goods.
Pros & Cons
- Integrates directly into Microsoft Excel, providing a familiar interface for users.
- Features an automatic best-fit algorithm (ProCast) to simplify statistical forecasting.
- Offers clear, published monthly pricing for its main tiers.
- Supports collaboration between internal and external stakeholders.
- Includes tools for inventory optimization and new product introduction forecasting.
- As an Excel plugin, it may lack the scalability and centralized data management of a full SaaS platform.
- The full feature set is only available in the more expensive tier.
- No free trial is explicitly mentioned on the pricing page.
- Integrations with ERP systems are mentioned but not specified, requiring further inquiry.
Features
Key features
Uses the ProCast algorithm to automatically interpret data and select the best forecasting method.
Enables teams to collaborate with internal and external stakeholders, make changes at any level, and consolidate results.
Helps turn inventory into cash, optimize safety stock, and develop replenishment plans based on inventory parameters.
Allows users to measure the impact of promotions and other events to plan for changes in future demand.
Utilizes sales data from similar products to create an accurate baseline forecast for new product introductions.
Additional features
Provides the ability to manage forecasts across different levels of product or business hierarchies.
Groups products based on their importance to focus attention on areas with the most significant bottom-line impact.
Allows exporting and sharing results with versatile reporting options and integration with ERP systems.
Apply flexible forecasting to groups of products.
Instantly updates forecasts as data or assumptions change within the Excel environment.
Pricing
Monthly plans
- ProCast™ Expert Selection
- Batch Forecasting
- 25+ Statistical Methods
- 50+ Statistical Measures
- Event Modeling
- Multi-level Hierarchy Management
- On-fly re-calculations
- ABC Analysis
- Consensus Planning
- New product forecasting
- Conversion Factors
- Advanced reporting
- Customer co-development
Countries & Languages
Interface languages
Billing currencies
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About ForecastX
ForecastX is an advanced supply chain forecasting tool that works as a Microsoft Excel plugin. It provides one-click forecasting, automatic best-fit modeling, and collaborative planning features for demand planners and supply chain professionals.
ForecastX Details
ForecastX's In-App Market Place
Does ForecastX have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Plans
Monthly plans
- ProCast™ Expert Selection
- Batch Forecasting
- 25+ Statistical Methods
- 50+ Statistical Measures
- Event Modeling
- Multi-level Hierarchy Management
- On-fly re-calculations
- ABC Analysis
- Consensus Planning
- New product forecasting
- Conversion Factors
- Advanced reporting
- Customer co-development
Accepted Payment Currencies
USD
Pros & Cons
- Integrates directly into Microsoft Excel, providing a familiar interface for users.
- Features an automatic best-fit algorithm (ProCast) to simplify statistical forecasting.
- Offers clear, published monthly pricing for its main tiers.
- Supports collaboration between internal and external stakeholders.
- Includes tools for inventory optimization and new product introduction forecasting.
- As an Excel plugin, it may lack the scalability and centralized data management of a full SaaS platform.
- The full feature set is only available in the more expensive tier.
- No free trial is explicitly mentioned on the pricing page.
- Integrations with ERP systems are mentioned but not specified, requiring further inquiry.
ForecastX's Support Options
Community Forums
https://johngalt.com/communityChatbot
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