John Galt Solutions

John Galt Solutions is a software company that provides forecasting and supply chain management software.

John Galt Solutions, Inc.
TypePrivate company
IndustrySupply Chain Management
Enterprise Software
Founded1996
HeadquartersDallas, Texas, USA
Key people
Anne Omrod
(CEO)
Number of employees
NA
Websitejohngalt.com

Overview

John Galt Solutions is a privately held software company that provides forecasting and supply chain planning for mid-market companies.[1][2]

Founded in 1996 and headquartered in Chicago, they claim more than 6,000 customers worldwide use John Galt Solutions products every day.[1][2]

History

John Galt Solutions was founded in 1996 by Annemarie Omrod.[2][3][4] The company is named after the iconic figure in Ayn Rand's novel Atlas Shrugged, John Galt.[1][2] John Galt Solutions' initial projects involved building data warehouses for utility companies.[1][4] In 1997, John Galt Solutions built its forecasting tool the ForecastX Wizard.[1][4] In December 1998, ForecastX competed in the M3 Forecasting Competition, an academic forecasting accuracy competition sponsored by INSEAD (the European Institute of Business Administration), finishing in the top two positions in all categories.[4][5][6]

In conjunction with Holt Wilson (Central Michigan University) and Barry Keating (Notre Dame University), John Galt Solutions published Business Forecasting (6th Edition).[7][8] This textbook, on forecasting methods and the practical issues related to forecasting, is used in over 60 universities.[7]

Founder Annemarie Omrod has contributed to several academic journals including the Harvard Business Review[9] and quoted in the MIT Center for Transportation & Logistics newsletter [10]

The company has strategic partnerships with PeopleSoft,[11] Oracle, Infor and QAD.[12][13]

References

  1. "Who is John Galt?".
  2. Krauss, Michael (July 1, 2006). "Tech entrepreneur takes her job quite literally". Chicago Sun-Times. Archived from the original on April 9, 2016.
  3. "John Galt Solutions Leadership".
  4. Lundy, Dave (August 21, 2003). "Firm Helps Others Look Ahead". Chicago Sun-Times. Archived from the original on April 11, 2018.
  5. "M3 Forecasting Competition Results".
  6. Ord, Keith (October–December 2000). "he M3-Competition". International Journal of Forecasting. 16 (4): 433–436. doi:10.1016/S0169-2070(00)00078-9.
  7. "Business Forecasting 6th Edition".
  8. "McGraw-Hill Higher Education". Archived from the original on 2011-06-24.
  9. McNulty, Eric (December 2005). "Just in Time for the Holidays". Harvard Business Review.
  10. Staff writer (April 2009). "Returning Demand Forecasts for Recession and Recovery". MIT-CTL Supply Chain Strategy. Archived from the original on 2012-07-11.
  11. "PeopleSoft partnership". Archived from the original on 2012-06-23.
  12. "Strategic Partnerships - OEM Partners".
  13. Galt, John. "Forecast Xpert". John Galt Solutions. Retrieved 13 October 2016.
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