Posted On: Jan 16, 2024
Today, AWS announces the general availability of the AWS Supply Chain Supply Planning module, which provides specialized models to accurately forecast and plan purchases of raw materials, components, and finished goods to improve in-stock rates across customers’ supply chains. AWS Supply Chain Supply Planning draws on Amazon’s expertise in developing ML for its own operations and applies this knowledge to create sophisticated supply planning models that can accurately plan the right levels of inventory needed across customer's facilities. With this addition, AWS Supply Chain customers can more easily manage their upstream supply chain, and more accurately plan needed materials and inventory.
Customers have been using AWS Supply Chain to improve inventory visibility, help prevent stock-outs that can erode consumer trust, and reduce overstock events that can increase carrying costs. The existing Demand Planning capability of AWS Supply Chain increases the speed and accuracy of demand forecasts. Supply Planning uses the demand forecasts created by AWS Supply Chain Demand Planning or external applications, along with product, facility, bill of materials (BOM), and inventory data. This helps customers determine how many units to order, when to place the order, and where to position inventory, by recommending actions such as the creation of purchase orders or inventory transfer requests.
AWS Supply Chain Supply Planning is available to customers in US East (N. Virginia), US West (Oregon), and Europe (Frankfurt) regions.
Visit AWS Supply Chain to learn more and get started.
Jan 19, 2024 - This post has been updated to reflect a correction in regional availability of the service.