Operational Forecasting Suite
The Operational Forecasting Suite gives you the
ability to perform Time-series Forecasts and
Statistical Analyses. Refer to the Strategic
Forecasting Suite description for an explanation of
the differences between Vanguard's Operational
and Strategic forecasting products.
Time-series Forecasting
Using historical performance data, such as sales,
Vanguard applies a variety of techniques for finding
trends and patterns that can be used to predict future
performance. Vanguard's mix of 21 forecasting algorithms,
Wizard-style guides, and extensive data import/export
features make Vanguard the forecasting tool of choice for
companies around the world.
Expert Quality Results - Automatically
Many forecasting tools support the same basic forecast
methods. Many even support automatic techniques for
selecting a forecast method. However, choosing the wrong
method or setting the method parameters incorrectly can
cause a very good method to yield very poor results.
What sets Vanguard apart from other forecasting tools
is how we choose the optimal forecasting method and
method parameters to give you the best possible forecast.
Vanguard combines cutting-edge expert system
technology with advanced
analytic techniques such as:
- Outlier-rejection to reduce the
impact of inconsistent data,
- Level-shift detection to account
for changes in underlying business conditions,
- In-sample testing to evaluate
competing methods,
- Fourier spectral analysis to
identify seasonal patterns and business cycles,
- Etc.
What's most important is that all of this analysis is
performed automatically in a fraction of a second. Let
Vanguard focus on the math, you focus on the results!
Interactive and Batch Operation
Vanguard's Forecast Wizard will guide
you through all aspects of preparing a forecast. This
includes importing your historical data, finding the best
forecast methods, and preparing output reports. Forecasts
can be run automatically (Vanguard chooses the best
forecast method and parameters), semi-automatically (you
choose the method and Vanguard chooses the optimal
method-specific parameters), or manually (you choose the
method and parameters).
The Batch Forecast Wizard will
automatically prepare forecasts for thousands of items at
a time. The Batch Forecast Wizard is both extraordinarily
fast and accurate.
Data Import/Export
Vanguard supports a wide variety of methods for
integrating with your data and it can connect to
virtually any business system, such as:
- Databases,
- Excel spreadsheets,
- Enterprise systems,
- Web applications, and
- Files (such as CSV).
Vanguard also supports Web services (WSDL / SOAP), XML
read/write, and other communications functions that allow
you to build custom protocols.
Most Accurate Forecasts
With over 12 years of R&D into our forecasting
technology, Vanguard produces the most accurate forecasts
of any forecasting competitors.
Click
here to learn more.
By combining accuracy and ease-of-use, many
Vanguard customers use the Forecasting Add-in instead of
the forecasting modules included with their expensive
enterprise planning systems (such as Oracle and SAP)
because Vanguard simply delivers better results at a
fraction of the cost (and time).
Components
The Vanguard Operational Forecasting Suite
is an integrated application including the following
Vanguard System™ components:
To compare this functionality to that of other Suites,
refer to the Product
Comparison Chart. For a detailed introduction to
Vanguard's forecasting products, refer to the Budgeting and
Forecasting solutions page.
|
