ForecastX is an Excel-based forecasting tool from John Galt Solutions. See pricing ($59-$99/mo), features, and how ProCast auto-selects the best statistical…
ForecastX is a statistical forecasting add-in built to run inside Microsoft Excel, sold by John Galt Solutions, a supply chain planning software vendor founded in 1996. Rather than requiring users to learn a separate forecasting platform, ForecastX plugs directly into existing Excel workbooks and applies its ProCast engine to automatically test more than 25 statistical forecasting methods, selecting the best-fit model for the data without manual configuration. Beyond basic forecast generation, ForecastX supports multi-level hierarchy management for rolling up forecasts across products, locations, or customers; ABC/Pareto analysis to prioritize planning effort on the highest-impact items; modeling of the impact of promotions and one-off events on demand; and forecasting for new products using data from comparable existing products. It also includes consensus/collaborative planning workflows so demand, sales, and finance stakeholders can align on a single forecast, along with safety stock optimization, inventory-level management, forecast accuracy tracking, and reporting, plus integration into ERP systems. The product is aimed at supply chain, demand-planning, and S&OP teams in sectors John Galt Solutions names as customers, including apparel, chemicals, consumer products, food and nutrition, retail, wholesale distribution, hi-tech, manufacturing, beverages, life sciences, and aftermarket parts. John Galt Solutions is privately held, lists named enterprise customers such as Mars, Continental, and Amcor, and was recognized as a Leader in a 2022 Gartner Magic Quadrant, with analyst-recognition badges carried through 2023-2025.