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Overview
ForecastX is a statistical forecasting software that improves demand planning accuracy using quantitative time-series models. It supports analysts through Excel-based workflows and transparent forecasting logic. While some users note the need for well-prepared historical data during setup, its extensive model library and analyst control make ForecastX a dependable forecasting solution.
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Starting Price
Custom
ForecastX Specifications
Sales Forecasting
Reporting and Analytics
Performance Tracking
Lead Management
What Is ForecastX?
ForecastX provides a structured forecasting environment for organizations that need consistent, repeatable demand projections. It supports hierarchical forecasting to manage multiple products and location levels, event and promotion modeling to measure demand impact, and forecast accuracy tracking to compare results over time. These capabilities help mid-to-large planning teams reduce forecast bias, improve inventory decisions, and standardize forecasting processes without relying on manual adjustments.
ForecastX Pricing
ForecastX offers two subscription plans that provide statistical forecasting directly within Excel:
- ForecastX Lite: $59/month
- ForecastX: $99/month
Disclaimer: The pricing is subject to change.
ForecastX Integrations
The ForecastX software supports integration with a range of enterprise systems, including
- Enterprise Resource Planning (ERP)
- Microsoft Excel
Who Is ForecastX For?
ForecastX software is ideal for a wide range of industries and sectors, including:
- Manufacturing
- Distribution
- Retail
- Apparel and footwear
- Beverages
- Food and nutrition
Is ForecastX Right For You?
ForecastX is a strong fit for organizations that need reliable, statistical demand forecasting within familiar Excel workflows. Its standout strength is automatic model selection across complex demand patterns, making it valuable for manufacturing, distribution, and supply chain teams. The solution has received industry recognition for innovation in forecasting tools. Its scalable, enterprise-ready design supports consistent planning across large product hierarchies while aligning with internal data governance standards.
Still unsure if ForecastX is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
ForecastX Features
The built-in ABC analysis helps categorize products based on importance, allowing planners to focus on the items that most impact performance. This prioritization supports better inventory allocation and business decisions by highlighting where effort and resources will drive the greatest value.
Users can apply flexible group and multi-level forecasting to manage product hierarchies and aggregated demand. This helps teams maintain consistency between individual Stock Keeping Unit (SKU) forecasts and aggregate totals. It also supports inventory and supply planning decisions across multiple organizational levels.
ForecastX lets users measure the effect of events, promotions, or anomalies on demand patterns. By incorporating these influences into forecasts, planners can distinguish normal demand from event-driven spikes. They can also refine projections to support more accurate budgeting and operational planning.
This feature helps reduce excess inventory by supporting accurate demand forecasts that guide safety stock levels and replenishment planning. By aligning inventory parameters with forecasted demand, organizations can free up working capital and minimize carrying costs. This approach also helps maintain product availability and meet customer expectations more consistently.
It offers versatile reporting to analyze and share results. Teams can export forecasts, perform advanced reporting, and collaborate on adjustments. This supports cross-functional alignment, improves decision transparency, and ensures that forecast insights are actionable across planning and execution.
