Being able to accurately forecast affects all aspects of your organization. Efficient production, marketing, and even financial management depends on the ability to develop forecasting models and systems that can dependably predict consumer demand, pipeline demand, changing consumer preferences, and industry trends. From installing turnkey systems, to supplementing, tweaking, and auditing your current forecasting procedures, we can do it.

If your company currently uses Excel for your forecasting procedures, then we need to talk. While Excel is a fantastic tool for a variety of analytics, it is the worst tool to use for forecasting. Let us tell you why.

Not Just Numbers
While we use the latest in econometric techniques, we don't leave your company with forecasts that are unusable. We provide the technical aspects of the development process itself and we work closely with management to make those forecasts meaningful. Supporting documentation, presentation, and training are the norm.

Below is a short list of the kind of quantitative work we do:

• Economy, Industry, & Company Forecasts
• Supply/Demand Estimation
• Product Pricing Issues & Marketing Support
• Portfolio Stress Testing
• Business Simulations

More Accurate Forecasts, Here's Why
Have you discovered that your current forecasting system is not very accurate? We can dissect your current system and correct for the two most common errors that plague virtually all financial & economic forecasts: serial-correlation and heteroskedasticity. Correcting for these errors is crucial to more accurate forecasts. Software such as Excel is wholly inadequate in dealing with these, and other forecasting deficiencies.

Forecasting Technologies & Supported Software
Every level of model development is supported, from the very simple, to the very sophisticated. A sample of the current forecasting and econometric methodologies we specialize in:

• Simple & Multiple Linear Regression Analysis
• Two & Three Staged Least Squares
• Shadow Pricing Models
• Discriminate Analysis
• Monte-Carlo Simulation
• Exponential Smoothing and Seasonality Models
• Stochastic Processes
• Vector Auto-Regressive Techniques & Impulse Response Functions (effective technique for "stress-testing" your forecasts and running simulations)

Virtually all forecasting platforms are supported, including:

• TSP (highly recommended)
• RATS
• ETS/LIMDEP
• SHAZAM
• SAS
• Excel (not recommended for forecasting)

Don't Be Afraid!
One of the principle issues confronting management is a lack of understanding of the forecasting process as well as the specific techniques that are employed. We understand this and work hard to get management in a comfort zone with these techniques. In addition to being outstanding practitioners in this field, our lead consultant also teaches Business Forecasting at UCLA Extension and through privately held seminars and conferences.