Forecast PRO

Make better decisions based on accurate forecasts

Forecast PRO

Harness the power of AI and machine learning in forecasting

Forecast PRO

Use forecast reports in development plans

Forecast PRO

Anticipate changes in demand in advance

Forecast PRO – reliable forecasts leading to better decisions

Forecast PRO is a proven tool used by organisations around the world to create accurate forecasts (demand, sales, resource requirements, employees or new products), which can be easily integrated into planning systems (including ASPROVA APS for production planning or XPRIMER.HRM for work schedule planning).

The tool for effective management, monitoring and improvement of forecasting processes creates reliable business forecasts for you in seconds.

Forecast PRO, designed for business forecasters, already supports more than 12,000 companies from a wide range of industries (manufacturing, service, retail) and institutions in more than 88 countries.

Choose a proven system for creating accurate forecasts, used by leaders in their industry.

See how Forecast PRO works in practice

Explore the functionalities of Forecast PRO

Increase the accuracy of your forecasts, even when demand or sales are highly fluctuating

Forecast PRO‘s automated algorithm allows the generation of accurate forecasts for up to thousands of items in seconds and takes into account seasonal patterns, trends, business cycles, promotional activities and more. Forecast PRO stores an archive of previous forecasts (both statistically generated and adjusted), so you can compare and contrast previous forecasts with what actually happened. A quick glance at the reports will give you an idea of what is working and what is not.

The exception reporting functionality in Forecast PRO allows you to focus on the areas that need attention and exclude any disturbances in historical data that have been triggered by, for example, a one-off sale. Reports can be easily configured to show the forecasts with the highest error so that you can focus on those that have proven to be the least accurate.

Apply machine learning to make reliable predictions

Thanks to automated machine learning models, Forecast PRO allows people without data science knowledge to build accurate forecasts. Forecast PRO uses Extreme Gradient Boosting decision tree algorithms and includes a predefined set of features that allows you to build models completely automatically. You can also customise the model by specifying additional features (e.g. explanatory variables, event schedules, etc.).

Use different forecasting methods to refine your forecasts

Using Forecast PRO does not require extensive statistical knowledge. The expert analysis in the system selects the best forecast, so the user can concentrate on making the right decisions rather than detailed analysis.

However, a user with extensive statistical knowledge has the option of advanced custom modelling options. The forecasting methods available in Forecast PRO include:

exponential smoothing,
Box-Jenkins models,
Croston model,
moving averages,
forecasting by analogy,
percentage growth,
subjective forecasting.

Support S&OP (Sales and Operation Planning) balancing processes

Thanks to the easy integration of Forecast PRO with other IT systems in the organisation (e.g. ERP, APS, CMMS or BI), the reporting process can also take into account additional data, such as other forecasts, current inventories and orders in progress. Data synchronisation takes place in real time, and the effect of the introduced change is presented immediately in graphical and tabular reports.

In this respect, Forecast PRO also supports long-term planning by providing relevant data to planning tools such as ASPROVA APS.

Ensure appropriate customer service levels by anticipating staffing needs

By accurately forecasting your staffing requirements on a daily basis for each shift, you improve the customer service levels (e.g. by having the right number of employees in the case of services or by ensuring that production is properly staffed).

At the same time, you eliminate losses resulting from overestimating the number of staff needed (you do not incur the cost of unproductive FTEs) and minimise the risk of lost sales as a result of underestimating the right number of staff on any given shift.

Forecasts of staff requirements can be made based on historical data on transaction volumes (e.g. from cash receipts), realised work schedules or projected sales volumes.

Forecast demand for new products precisely

Forecasting demand for new products is a major challenge, as it involves many unknowns and the risk of error.

The use of forecasting methods by analogy or the Bass diffusion model in Forecast PRO allows future demand to be assessed when forecasting replacement products, introducing product line extensions or introducing completely new products for the company and completely new products for the market.

See how Forecast PRO works in practice

Explore Forecast PRO user reviews

After analysing our activities to date, we decided to take the next step in our technological development and start using a specialised forecasting system - Forecast PRO. Thanks to it, we are able to very consciously build our competitive advantage. Forecast PRO enables us to precisely forecast our sales; we know exactly when and what products to stock, which is extremely important with such a large portfolio. Forecast PRO is a system that is constantly evolving and growing with us. If we had to make the decision to choose the system a second time, it would undoubtedly remain the same - we are satisfied with the solution and our cooperation with eq system.

We were keen to increase the accuracy of the forecasts and use them as reliable input information for determining further stages of the value chain (including planning the supply of finished goods, raw materials, materials and production). In addition, our processes were becoming increasingly complex, and thus we were accumulating an increasing amount of data that needed to be processed quickly and efficiently enough. Consequently, at some point we felt the need to structure the forecasting process, introduce staff substitutability and, above all, support from a more specialised IT system. Forecast PRO is a relatively "simple" programme, with a fairly narrow specialisation, but is thus very well suited to the tasks at hand and the assumed business objectives.