AWS for Industries

Tag: Forecasting

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Practical Applications of Artificial Intelligence and Machine Learning to Fuel Growth for CPG Companies

The concept of artificial intelligence (AI) has been around for centuries as philosophers and thinkers pondered the possibility of creating machines capable of thinking and functioning like humans. The advent of computers in the early 20th century finally placed the promise of AI within reach. However, computer scientists realized they needed enormous amounts of data […]

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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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New Era of Energy

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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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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Data-driven Demand Planning: Managing Disruption in CPG with ML and Demand Sensing

Even in normal times, demand volatility is a constant challenge for consumer packaged goods (CPG) supply chain management. But these are not normal times. The COVID-19 pandemic has upped the ante, completely disrupting supply chain planning. As unforeseen external factors trigger extreme consumer demand changes, multiple supply chain components in multiple locations are affected, and […]

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