Products > Investigator II > Forecast
Forecast
Forward Look is the forecasting module in Investigator II, providing insights into future opportunities and risks.
However you forecast demand - from a central planning department, collaboratively across teams, using manual returns, predicting from historic data or a mix of all of these - Forward Look provides the tools to help perform this key business process consistently, and the feedback to refine the process over time.
Flexibility and the ability to forecast on any facts also make Forward Look the ideal tool for budget setting, performance tracking and monitoring future trends in key performance indicators (KPIs).
Key Features
- Advanced Forecasting Methods
A full range of complex models can be applied singly or in combination to identify trends, cyclic or seasonal factors and random variability. - Hierarchical Consistency
Forecasts at individual product or sales channel levels will automatically consolidate to the level you want; higher level forecasts will automatically trickle down to the lowest levels according to pre-defined conditions. - Rule-based changes
Rules such as: 'increase last year’s forecast by 10%' or 'base this new product forecast on the sales of that previous generation product' can be applied - Forecast any fact – predict KPI trends
Forward Look will predict any calculated fact using dynamically on-demand data to keep KPIs current and clarify the possible future effects on the business. - Budgets, Plans and Targets
Forecasts can be made for any period ahead, or multiple periods - What-if? experiments
Forward Look makes it easy to explore options and observe the effects, without affecting existing plans.