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Amazon Forecast

Forecast business outcomes easily and accurately using machine learning

Amazon Forecast

  • Scale operations by forecasting millions of items, using the same technology as Amazon.com.

  • Optimize inventory and reduce waste with accurate forecasts at a granular level.

  • Improve capital utilization and make long-term decisions with more confidence.

  • Increase customer satisfaction with optimal staffing to meet varying demand levels.

  

How it works

Amazon Forecast is a time-series forecasting service based on machine learning (ML) and built for business metrics analysis.

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Use cases

Retail and inventory forecasting

Reduce waste, increase inventory turns, and improve in-stock availability by forecasting product demand at specific probability levels

Workforce planning

Forecast workforce staffing at 15-minute increments to optimize for high and low demand periods

Travel demand forecasting

Forecast foot traffic, visitor counts, and channel demand to more efficiently manage operating costs