AWS for Industries

Category: Amazon Forecast

Asian warehouse worker checking packages in storehouse

Part 2: How Retailers are Leveraging Cloud Technologies to Transform their Supply Chains

In my previous blog, Four Supply Chain Disruptions Retailers Must Overcome, I discussed the four disruptions that retailers must overcome to improve their supply chain intelligence and meet customers’ fulfillment demands. To recap, intelligent retail supply chains are automated to increase efficiency, speed, and adaptability to disruption. Retailers have put building intelligent supply chains at […]

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Retail Builders Blog Series

How to Build a Dynamic Supply Chain Platform: A Primer

To meet customers’ needs in a dynamic and fast-changing world, organizations must establish supply chain platforms that can proactively react in real time. Rapid technological development and advances in utilizing Internet of Things (IoT), artificial intelligence and machine learning (AI/ML), and cloud-based platforms can be leveraged to create scalable global platforms that capture data throughout […]

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Retail Partner Conversations: How Innovative Retailers Are Embracing AI-based Decision Making with Peak

As retailers around the world are experiencing unprecedented disruption, industry leaders are demonstrating resilience, tenacity, and a capacity for innovation. We’ve embarked on a series of conversations with executives from AWS Retail Competency Partners to showcase their leadership and innovation in challenging times. In the latest installment of our AWS Retail Competency Partner Conversations blog […]

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Seven Ways Technology Will Lead the Way for Ethical Commerce in Retail and CPG

Ethical commerce and technology are essential to a company’s survival. In the retail and CPG spaces, a company’s commitment to its stakeholders is not just expected; if done well, it offers a competitive advantage. The adoption of technology makes a critical difference in whether a company thrives or simply survives. Technology can play a larger […]

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Intelligent automation for demand planning

Introduction Businesses need a unified real-time planning environment to optimize planning and democratize decision-making across lines of business and business activities, from strategic to operational levels. Machine learning (ML) can help increase the planning forecast accuracy. However, ML model outputs are not yet easy to use directly in business planning organizations. In this blog for […]

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Short-term Electric Load Forecasting with Amazon Forecast

Short-term Electric Load Forecasting with Amazon Forecast

Today, the majority of electric residential, commercial, and industrial (RCI) customers receive their electricity over electric distribution circuits called “feeders.” Electric distribution feeders originate at circuit breakers within a distribution substation, and serve many customers, as shown in the following graphic. To increase grid reliability, feeders are often configured to receive electricity from multiple substations, […]

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21st Century Forecasting for the Travel and Hospitality Industry

Last year was unprecedented for the travel and hospitality industry and for travelers and guests, providers and suppliers, employees and stakeholders alike. As a result of the disruption, companies that relied on moving average forecasting or looked to the same period last year have found themselves at the helm of a rudderless ship. Without accurate […]

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Adaptive Analytics in Retail: Influencing Shopper Behaviors and Engagement

No retailer would ever question the importance of data in daily operations. The evolution of operational data in retail decision making—from batch reporting to decision support to business intelligence systems—has been quite profound. Today, adaptive analytic platforms are driving industry innovation so retailers can: Detect critical business signals. Derive the current meaning and predictive insights […]

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Using AI/ML to Transform Your Retail Demand Planning

I was on a panel last year hosted by AWS Partners Rackspace and retailers Sainsbury’s and Sofology. The final question was, “What are you going to do for the first time in 2021?” As I pondered the question, I thought about what AWS retail customers should do for the first time in 2021. My response […]

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Recapping re:Invent: What’s New in Retail

AWS re:Invent 2020, our annual conference for AWS leaders to share the latest advances in AWS technologies, has been a huge success so far. For three weeks, we’ve heard about cutting-edge innovations from keynote speakers, and in this blog, I would like to discuss some of the latest announcements that are most relevant to the […]

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