Posted On: Sep 14, 2023
Starting today, manual forecast overrides (i.e. adjustments) made by a demand planner are automatically saved and reapplied from one planning cycle to the next. Demand planners commonly adjust system-generated baseline forecasts for known demand variations. These adjustments, or forecast overrides, reflect seasonality fluctuations, promotions, or other variable that affects the forecast. These adjustments were always entered manually during the new planning cycle. With this release, overrides are remembered and then applied to the re-calibrated system generated baseline forecast. Demand planners can now view and manage forecast overrides across planning cycles in one unified view.
AWS Supply Chain Demand Planning generates more accurate demand forecasts, adjusts to market conditions, and empowers demand planners to collaborate across teams to help avoid excess inventory costs and waste. To help remove the manual effort and guesswork around demand planning, AWS Supply Chain uses ML to analyze historical sales data and real-time data (for example, open orders), create forecasts, and continually adjust models to improve accuracy.
This feature is offered to customers at no additional cost for all AWS Supply Chain customers and is available in all AWS regions where AWS Supply Chain is available. To learn more about AWS Supply, or to start your free trial, please visit AWS Supply Chain.