Forecast Engine

The Forecast Engine Add-in makes it possible to automate routine forecasting processes and integrate these capabilities with your existing business systems.

Automate Complex Planning Processes

Generating a forecast is usually one step in a larger planning process. For example, a wholesaler might forecast sales to aid in purchasing inventory. However, generating an ideal purchasing schedule is a complex statistical process that requires more than just a point forecast. You also need to know the forecast confidence interval, the amount of money you lose if you stock out, the amount you lose if you overstock, etc. Vanguard can automate steps in this planning process by:

1. Automatically importing historical data from your transaction systems.
2. Choosing the best forecasting methods and parameters.
3. Calculating ideal inventory management data such as EOQ and ROL using forecast values and confidence intervals.
4. Exporting forecast and inventory management results to your purchasing system.

With the entire process automated, planning becomes fast, reliable, and error-free.

Add Forecasting to your Existing Business Systems

The combination of the Vanguard System™ Server and the Forecasting Engine Add-in gives you a high-performance forecasting system that acts as a resource to your other business systems. Vanguard supports a wide variety of protocols for integrating with other systems such as ODBC for database connectivity, WSDL / SOAP for Web-based connectivity, plus a number of low-level communication functions that allow you to build custom protocols.