AWS Architecture Blog

Category: Amazon Forecast

Figure 1. Notional architecture for improving forecasting accuracy solution and SAP integration

Improving Retail Forecast Accuracy with Machine Learning

The global retail market continues to grow larger and the influx of consumer data increases daily. The rise in volume, variety, and velocity of data poses challenges with demand forecasting and inventory planning. Outdated systems generate inaccurate demand forecasts. This results in multiple challenges for retailers. They are faced with over-stocking and lost sales, and […]